U.S. stock market took a breather on April 14, 2025, with major indexes posting modest declines as investors braced for a flurry of economic reports and corporate earnings. The S&P 500 slipped 0.3%, closing at 5,687.54, while the Nasdaq Composite shed 0.4% to end at 18,398.92. The Dow Jones Industrial …
Read More »BoC’s Navigating Rates Amid Tariff Turmoil
The Canadian dollar’s recent retreat from a five-month high against the U.S. dollar signals a market on edge, with all eyes on the Bank of Canada’s upcoming interest rate decision. After a 0.1% dip to 1.3875 per U.S. dollar, driven partly by a 0.6% drop in oil prices to $61.15 …
Read More »Why Is the Euro Becoming a Safe Haven Amid Trump Tariff Turmoil?
As global markets brace for the impact of proposed U.S. tariffs under President Donald Trump’s administration, an unexpected player has emerged as a beacon of stability: the euro. Investors, rattled by the uncertainty of trade disruptions, are increasingly turning to the European currency, traditionally overshadowed by the U.S. dollar in …
Read More »Gold Eases Slightly but Holds Near Record Highs Amid Tariff Uncertainty, Recession Fears
Gold prices dipped modestly in Asian trading on Tuesday, but remained within striking distance of record highs, as safe-haven demand held firm amid ongoing U.S.-China trade tensions and growing fears of a global economic slowdown. As of 01:51 ET (05:51 GMT): Spot gold was down 0.4% at $3,224.60 per ounce …
Read More »Market Drivers – US Session: RBA Minutes and UK Jobs Data In Focus
The U.S. dollar’s slide into a fourth week of losses underscores a shifting global landscape, with investors buoyed by easing U.S.-China trade tensions and a brighter risk appetite. As attention turns to the Reserve Bank of Australia’s (RBA) latest meeting minutes and the UK’s labor market report, these releases promise …
Read More »Gold Declines as Investor Focus Shifts Back to US Treasury Bonds
Gold prices slipped at the start of Monday’s trading session, driven by renewed investor interest in US Treasury bonds, which saw increased demand at the beginning of the new week. This resurgence follows a period of waning confidence in bonds as one of the safest assets in global financial markets.Futures …
Read More »US Dollar Stages Modest Recovery Amid Lingering Stagflation Fears
The US Dollar Index (DXY) saw turbulent trading near the 99 level during Monday’s session, rebounding slightly after touching a three-year low. Despite ongoing concerns over tariff uncertainties, declining consumer confidence, and heightened inflation expectations, the index stabilized around 99.60. These issues continue to weigh heavily on market sentiment. Technically, …
Read More »US and Japan Gear Up for High-Stakes Trade Talks, with Implications for USD/JPY
As Japan and the United States gear up for crucial trade negotiations set to begin in Washington on Thursday, global markets are closely observing the proceedings. These discussions position Japan as the first major economy to engage with the current US administration following a significant tariff announcement earlier this month. …
Read More »Tariffs Present a Major Economic Challenge, Says Fed’s Waller
Federal Reserve Governor Christopher Waller has described the current administration’s tariff policies as one of the most substantial shocks to the US economy in recent decades. These measures could prompt the central bank to reduce interest rates to stave off a recession, though they might also be a strategic negotiating …
Read More »GBP/USD Eyes 1.3200 and Beyond Amid Dollar Weakness and Tariff Optimism
The GBP/USD pair has kicked off the trading week on a strong note, revisiting the 1.3200 level as the British pound extends its bullish run. Fueled by persistent weakness in the US dollar, the so-called “Cable” has notched its fifth consecutive daily advance, reaching multi-day highs near the 1.3200 mark. …
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