China Retaliates, Risk Sentiment Collapses as Market Turmoil DeepensRisk aversion deepened across global markets today as China unveiled a forceful response to the sweeping US tariffs announced earlier this week. Beijing will impose an additional 34% tariff on all US goods starting April 10, in a move that ...
Global Market Rout Deepens Ahead of US Jobs DataThere’s no relief in sight for the markets as risk aversion extends into Friday’s Asian session. Japan’s Nikkei is leading the losses once again, falling over -3% and cementing a near 10% weekly drop — the worst performance since early ...
Tariff Sparks Risk Exodus; Euro Rises as Preferred ShelterRisk-off sentiment swept across global financial markets today following the U.S. announcement of sweeping reciprocal tariffs. The sheer scale, complexity, and breadth of the trade measures surprised investors and rattled confidence. Equities in Europe and Japan suffered broad losses, but ...
Tariff Shock Hits US Markets Hard, But Global Reactions SplitReactions in the US markets to the long-anticipated reciprocal tariff announcement were decisively negative. NASDAQ futures tumbled more than -3%, while DOW futures shed as much as -2% at one point. US 10-year yields plunged below the 4.1% mark, highlighting ...
Investors Await Clarity as Trump’s Trade Plan Nears UnveilingRisk-off sentiment has returned to European markets and US futures as traders await the long-anticipated announcement of the United States’ reciprocal tariffs, scheduled for 2000 GMT. After months of speculation and political posturing, today is expected to bring the concrete ...
Tense Silence Before Tariff Thunder, Liberation Day LoomsAsian markets traded cautiously today as investors await the long-anticipated reciprocal tariff announcement from the US, dubbed “Liberation Day” by President Donald Trump. Following the mixed close on Wall Street, risk sentiment remains fragile, with traders in clear wait-and-see mode. ...
Euro Slips on Soft CPI, US 10 Year Yields SinkGlobal markets are trading with a mixed tone today as investors brace for the long-awaited reciprocal tariff announcement from the US tomorrow. Asian stocks staged a moderate recovery from Monday’s selloff, while European indexes are also slightly in black. However, ...
Global Markets Plunge, Aussie Down Ahead of RBARisk aversion is sweeping through global financial markets today, with equities across Asia and Europe plunging ahead of the US’s so-called tariff “Liberation Day” on April 2. The selloff began in Asia, and continued through European Session. US futures are ...
Markets Rush to Safe Haven as Tariff Clock Ticks DownWhile US investors managed to stay relatively composed through most of last week, the calm cracked heading into the weekend. Stocks saw extended selloffs, Treasury yields dropped, and Gold surged to yet another record high — all classic signs of ...
Markets Sluggish Despite Data Surprises, Caution Prevails Ahead of Tariff UnveilThe forex markets are ending the week in a sluggish and indecisive mood, despite a flurry of notable economic data releases. The highlight was the hotter-than-expected US core PCE inflation, which firmed expectations that Fed will hold rates steady in ...
Yen Finds Some Relief from Inflation Data, But Struggles to ReboundThe overall mood in the forex markets remains one of indecision, with major currencies largely range-bound. Yen is attempting a mild rebound after Tokyo’s CPI figures came in stronger than expected, with core-core inflation rising to 2.2% yoy. However, the ...
Sterling and Euro Rebound, Gold Jumps Amid Intensifying Trade TensionsGlobal headlines remain focused on US President Donald Trump’s unfolding tariff regime. But traders are telling a slightly different story. FTSE and DAX slip into negative territory, but the pullback in equities remains limited. Sterling and Euro are both strengthening ...
Auto Tariff Hits Wall Street, But Currencies Shrug Off the Drip FeedThe steady drip of tariff news from US President Donald Trump continued overnight, pushing US equities lower and weighing on risk sentiment globally. The tech-heavy NASDAQ led the decline with a drop of over 2%, while broader US indexes also ...
Sterling Lags After CPI Miss, But BoE Rate Cut to Stay GradualSterling fell broadly today after UK’s February CPI came in slightly below expectations. However, the selloff has been contained, with markets still expecting the BoE to proceed cautiously with policy easing. In particular, services inflation remained sticky at 5%, signaling ...
Commodities Lift AUD and CAD as Tariff Speculation BuildsCommodity currencies are finding a bid in Asian session today, though still largely range-bound against Dollar. A sharp rally in Copper prices, driven by US tariff fears, is likely giving Aussie a tailwind, countering lingering drag from today’s slightly weaker-than-expected ...
Dollar Slips, Euro Bounces, Aussie Awaits CPIDollar is once again under pressure as markets head into the US session, with its recent rebound losing steam in the absence of any clear-cut catalyst. While new headlines on tariffs continue to emerge almost daily, these “leaks” could only ...
Yen Steadies on Hawkish BoJ Tone, USD/JPY Rally Pauses at Key 150 LevelFinancial markets entered Tuesday on a subdued note, with the Asian session notably quiet. While US stocks managed a rebound overnight on speculation that the April 2 “Liberation Day” tariff rollout might be narrower in scope than initially feared, sentiment ...
Markets Driven by PMI Data and Tariff Speculations, Silver at Risk of ReversalMarket sentiment today is largely influenced by a mix of global PMI releases and ongoing uncertainty around US tariff policy. There are reports suggesting the Trump administration may exclude a set of sector-specific tariffs from the sweeping reciprocal levies set ...