The Vatican has put Spanish architect Antoni Gaudí on the path to sainthood in recognition of his "heroic virtues".
Gaudí - who has been dubbed by some as "God's architect" - is the designer of one of Spain's most famous religious sites and tourist attractions, the unfinished Sagrada Familia basilica in Barcelona.
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Antoni Gaudí, known as “God’s architect,” declared Venerable
The Pope recognizes miracle attributed to a religious sister from India, the martyrdom of an Italian missionary; and the heroic virtues of "God's architect" and three priests.
By Vatican News
Pope Francis has recognized a miracle attributed to Eliswa of the Blessed Virgin; the martyrdom of Fr. Nazareno Lanciotti; and the heroic virtues of Antoni Gaudí, Fr. Peter Joseph Triest, Fr. Angelo Bughetti, and Fr. Agostino Cozzolino.
In an audience with Cardinal Marcello Semeraro, Prefect of the Dicastery for the Causes of Saints, the Pope authorized the promulgation of the Decrees concerning these six people—moving them each one step on the path to sainthood.
Antoni Gaudí, “God’s architect”
Born in 1852, Antoni Gaudí i Cornet accepted the task of directing the project of the Basilica of the Sagrada Familia in Barcelona in 1883. His focus was making art a hymn of praise to the Lord and he considered it his mission to make God known and bring people closer to Him.
On June 7, 1926, he was struck by a tram. Not recognized, he was taken to the Hospital de la Santa Creu, the city’s hospital for the poor. After receiving the last sacraments, he died three days later, on June 10. Around 30,000 people attended his funeral.
Antoni Gaudí, often referred to as God's architect
Rebecca Patterson, former Chief Investment Strategist at Bridgewater Associates, joins for an extended discussion on the US dollar, Treasuries, and US exceptionalism.
The demand dynamic for US Treasuries is shifting, with foreign demand declining, and the relationship between the US dollar and Treasury yields is weakening, leading to concerns about the dollar's haven status and the US deficit.
She speaks with Bloomberg's Tom Keene and Paul Sweeney.
The dollar has emerged as the latest victim of this week’s market turmoil as a worsening global trade war risks derailing US economic growth.
A Bloomberg gauge of the greenback tumbled to a fresh six-month low Friday after China raised tariffs on all US goods to 125%, effective April 12.
The index kept its losses as US wholesale prices fell in March by the most since 2023, showing tame inflation ahead of higher tariffs.
Opt;ion traders turned bearish for the first time in five years as part of a broader exodus from US assets.
Haven currencies such as the yen, Swiss franc and gold benefited from the outflows.
The euro rose to its strongest level in three years, heading for its biggest two-day advance since 2009.
“The US’s growth advantage to the rest of the world has finally disappeared,” TD Securities strategists Jayati Bharadwaj and Mark McCormick wrote in a note to clients, adding that investors are increasingly moving toward European and Asian assets ex-China.
“A combination of all this has turned dollar sentiment deeply negative in a short span of time.”
A group of speculative traders, including hedge fund and asset managers, switched to betting against the dollar and became most short on the dollar since October.
They held some $4.3 billion via those bets in the week through April 8, data from the Commodity Futures Trading Commission showed.
Friday’s price action rounded off yet another turbulent week for global markets as President Donald Trump’s fast-evolving trade policy leaves investors struggling to figure out their next move.
The dollar recorded its biggest plunge in over two years on Thursday amid growing expectations that the Federal Reserve will have to lower borrowing costs to counter the contractionary impact of US tariffs.
The producer price index fell 0.4% from a month earlier following a revised 0.1% gain in February, according to a Bureau of Labor Statistics report released Friday.
The median forecast in a Bloomberg survey of economists called for a 0.2% gain.
On Thursday, data showed US inflation unexpectedly cooled ahead of tariffs, which are expected to spark price growth.
Other US assets also suffered.
The S&P 500 Index finished the day 3.5% lower on Thursday, while long-term Treasuries sank.
Haven Bids
Havens witnessed a surge in demand amid the flight to quality.
The yen rallied as much as 1.7% to 142.07 per dollar on Friday, the strongest level since September.
The Swiss franc soared as high as 0.8259 per US dollar, a level last seen in early 2015, while gold rose to a fresh record.
The euro climbed to as high as $1.1473, the highest since February 2022.
The move reflects emerging haven-like dynamics, bolstered by Germany’s historic suspension of its debt brake last month.
