Global Markets in Turmoil Amid Trade Wars and Geopolitical Tensions
Global markets are volatile as escalating trade wars, geopolitical tensions, and economic uncertainties push investors toward safe assets, even as IPOs and oil prices suffer.
Published on March 28, 2025
Global markets remain on edge with escalating trade wars and geopolitical tensions driving significant volatility across asset classes. Concerns over new auto import tariffs, a weakened IPO market exemplified by CoreWeave’s muted Nasdaq debut on March 28, and falling oil prices have all contributed to uncertainty. Investors are turning to safe havens such as gold, which has reached record highs amid fears of prolonged instability.
On March 28, reports indicated that markets in Asia, along with major indices like the S&P 500, experienced sharp declines as investor sentiment was further dampened by rising bond yields and widening splinters in the yield curve. Amid these market tremors, geopolitical developments—from trade disputes involving the Trump administration to emerging talks on Ukraine ceasefires—are compounding the broader economic challenges including inflation concerns and mounting U.S. budget deficits.