As U.S. President Donald Trump prepares to unveil a transformative tariff regime today, April 2, 2025, at 4 p.m. Eastern Time, the global economic order teeters on the edge of upheaval. Billed as a bold bid to resurrect America’s manufacturing prowess, this announcement threatens to redraw the map of international …
Read More »ADP Data Explainer: Strong US Job Growth Signals Economic Resilience, Boosts Treasury Prices
In a surprising turn of events, private-sector hiring in the United States surged last month, with companies adding 155,000 jobs—well above the forecasted 120,000. This robust rebound from February’s weather-dampened figures has sparked optimism about the economy’s underlying strength, even amid lingering policy uncertainty and cautious consumer sentiment. The latest …
Read More »Oil Prices Steady as Markets Await Trump Tariff Announcement
Oil prices held steady on Wednesday, as traders remained cautious ahead of U.S. President Donald Trump’s tariff announcement at 2000 GMT. Concerns over potential trade war escalation and slower global demand for crude kept markets in check. Brent crude futures fell $0.07 (-0.09%) to $74.42 per barrel by 08:58 GMT. …
Read More »Dollar Inches Higher as Markets Brace for Trump’s Trade Tariff Announcement
The U.S. dollar edged up slightly on Wednesday, while other major currencies remained within tight ranges, as traders awaited details of President Donald Trump’s tariff plans. These measures, set to be unveiled in a White House Rose Garden announcement at 20:00 GMT, could disrupt global trade flows and heighten financial …
Read More »Dollar Trades Sideways Near 104.20 Amid Mixed Economic Signals
The US Dollar Index (DXY), which tracks the value of the US dollar against a basket of major currencies, hovered around the 104.20 mark on Tuesday, April 1, 2025, reflecting a lack of clear direction following a batch of underwhelming US economic data. Investors digested a weaker-than-anticipated ISM Manufacturing PMI, …
Read More »Wall Street Rise Though Markets Teeter on Edge as Tariff Uncertainty Looms
In a whirlwind of volatility, the stock market clawed its way into positive territory on Tuesday, riding the waves of anticipation surrounding an imminent tariff policy announcement from the White House. The broad market index edged up by a modest 0.3%, while its tech-heavy counterpart surged 0.7%. Meanwhile, the blue-chip …
Read More »Gold Prices Retreat After Soaring Past $3,130 as Manufacturing Stumbles
Gold prices are down -0.52%, trading around $ 3,107 per ounce, at the time of writing. Earlier during the North American session, the precious metal was stealing the spotlight once again, with spot prices climbing above $3,130 per ounce in a remarkable rally. The surge came on the heels of …
Read More »Trump’s Tariff Tease Sparks Market Optimism: A Risk-On Revival?
Financial markets are buzzing with a renewed sense of optimism today, as positive risk sentiment holds strong through the trading session. The catalyst? Overnight remarks from none other than Trump himself, whose comments on tariffs have injected a dose of hope into an otherwise jittery market landscape. With risk assets …
Read More »Dollar Holds Steady as Markets Await Trump’s Reciprocal Tariffs
The U.S. dollar remained stable on Tuesday as investors prepared for new reciprocal tariffs set to be announced by President Donald Trump on Wednesday. Market Focus on U.S. Economic Data Investors are closely watching the U.S. Job Openings and Labor Turnover Survey (JOLTS) and the ISM Manufacturing Index, both due …
Read More »U.S. Stock Futures Steady as Investors Weigh Recession Risks Ahead of Tariff Announcements
Wall Street index futures traded in tight ranges on Tuesday, stabilizing after a turbulent first quarter, as investors assessed the potential impact of upcoming trade tariffs from U.S. President Donald Trump. Stock Futures Movement Dow Jones Futures fell 60 points (-0.1%). S&P 500 Futures traded flat. Nasdaq 100 Futures gained …
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