The USD/JPY pair nudged higher on Tuesday, flirting with the 143 mark as it carved out modest gains within its daily range. While the uptick offers a flicker of optimism ahead of the Asian trading session, the broader technical landscape remains shrouded in bearish signals, casting doubt on the sustainability …
Read More »Oil Prices Rise on U.S. Tariff Exemptions and China’s Crude Import Surge
Oil prices climbed on Tuesday, April 15, 2025, driven by U.S. policy adjustments and a rebound in China’s crude oil imports. Brent crude futures increased by 27 cents, or 0.42%, to $65.15 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 26 cents, also up 0.42%, to $61.79. The …
Read More »U.S. Treasury Yields Slide Amid Speculation of Foreign Sell-Offs
On Tuesday, April 15, 2025, U.S. Treasury yields experienced a notable decline, reflecting heightened volatility in financial markets during the second day of the new trading week. This dip follows a turbulent period marked by trade tensions that shook global markets, threatening the long-standing status of U.S. Treasury bonds as …
Read More »Stock Market Dips as Investors Eye Key Economic Data
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 »Bank of America Shines in Q1 2025 Despite Economic Headwinds
Bank of America Shines in Q1 2025 Despite Economic HeadwindsBank of America (BAC) launched the 2025 earnings season with a standout first-quarter performance, exceeding Wall Street forecasts even as economic uncertainties loomed large. Announced on April 15, 2025, the bank reported a net income of $7.4 billion, a 11% increase …
Read More »Bitcoin Gains as Trump Hints at Auto Tariff Pause, Reports Emerge of U.S. Crypto Reserve Plans
Bitcoin rose over 1% on Tuesday, rebounding from muted movement in the prior session as investor sentiment improved following U.S. President Donald Trump’s remarks about pausing auto import tariffs. Speculative momentum also grew on reports that the U.S. government may use tariff revenue to buy Bitcoin and bolster strategic crypto …
Read More »Forex Report: U.S. Dollar Slides Near Three-Year Low as Trade Policy Turmoil Weighs on Confidence
The U.S. dollar continued to drift lower on Tuesday, hovering close to its recent three-year low, as investor sentiment remains rattled by the Trump administration’s inconsistent and evolving trade policies. As of 04:45 ET (08:45 GMT): The Dollar Index (DXY) fell slightly to 99.395, just shy of last week’s low …
Read More »European Stocks Inch Higher as Tariff Optimism, Earnings and Data Steady Sentiment
European equity markets mostly advanced on Tuesday, extending a cautious rebound as investors weighed corporate earnings, moderate economic data, and a glimmer of hope for relief from U.S. trade tariffs. As of 03:15 ET (07:15 GMT): Germany’s DAX rose 1.3% U.K.’s FTSE 100 gained 0.7% France’s CAC 40 edged 0.1% …
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