Tariffs have been the primary driver of market volatility. US economic data shows signs of a potential stall, with consumer spending down and inflation remaining high. The S&P 500 and Nasdaq 100 are struggling, and the Fear and Greed index is in fear territory. Next week’s focus includes potential US tariffs, China’s Two Sessions meeting, […]
Claudia Sheinbaum I think this is a big tell on the North American front. Bloomberg reports that Mexico is open to new tariffs on China to avoid Trump duties. I don’t think anyone really believed this was all about fentanyl, given Trump’s words. Now we get some confirmation of that with the aim shifting towards
Colombia National Jobless Rate: 11.6% (January) vs 9.1% Source link
2025.02.28 2025.02.28 XAU/USD: Elliott Wave Analysis and Forecast for 28.02.25 – 07.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: once the correction ends, consider long positions above the level of 2583.80 with a target of 3100.00 – 3300.00. A buy signal: the level of 2583.80 is broken to the upside.
Risk sentiment received a boost in early US trading as January’s PCE inflation data came in line with expectations, lifting hopes that Fed may have room to cut rates in the first half of the year. Both headline and core PCE inflation slowed, adding to expectations that disinflation remains on track. Fed fund futures now
The Canadian dollar is calm in the European session, trading at 1.4438, up 0.02% on the day. Later today, Canada releases GDP and the US publishes the Core PCE Price Index. USD/CAD has rallied for five straight trading days, gaining 1.8% during that time and hitting a three-week high. Canada’s GDP expected to rebound in
The USD/JPY price analysis shows a retreating yen. Core consumer prices in Tokyo increased by 2.2%, missing forecasts. Trump confirmed tariffs on Canada and Mexico would take effect in March. The USD/JPY price analysis shows a retreating yen after data revealed softer-than-expected inflation in Japan. Meanwhile, the dollar was on the front foot after Trump
2025.02.28 2025.02.28 USD/СAD: Elliott Wave Analysis and Forecast for 28.02.25 – 07.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: consider long positions from corrections above the level of 1.4160 with a target of 1.4800 – 1.5200. A buy signal: the level of 1.4160 is broken to the upside. Stop Loss:
Global stock markets are under heavy selling pressure as risk-off sentiment dominates the final trading day of February. The selloff intensified across major indices, with Japan’s Nikkei plunging -3% and Hong Kong’s Hang Seng Index down -2.8%, following the steep declines in US equities overnight. Investors are increasingly wary of escalating trade tensions, which could
Will expand domestic demand To stabilise housing market and stock market Will prevent and resolve risks and external shocks in key areas Will promote sustained recovery of the economy This article was written by Justin Low at www.forexlive.com. Source link
Inflation and unemployment from Germany and revised GDP and flash inflation from France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany’s retail sales, unemployment and import prices for January. Retail sales are forecast to grow 0.4 percent on a monthly basis, in contrast to the
The Japanese Yen struggles to capitalize on its Asian session gains against a stronger USD. Firming expectations for more BoJ rate hikes this year should help limit losses for the JPY. Traders now look forward to the release of the crucial US PCE data for a fresh impetus. The Japanese Yen (JPY) surrenders its intraday
Trump with a ‘tweet’ on his own social media oputler. In breif: The Budget from last YEAR is still not done. We are working very hard with the House and Senate to pass a clean, temporary government funding Bill (“CR”) to the end of September. Let’s get it done! Trump’s seal of approval should prompt
Bank of Japan Deputy Governor Shinichi Uchida said on Friday that Japan’s economy is experiencing a moderate recovery, though some weaknesses persist. Key quotes Japan’s economy is experiencing a moderate recovery, though some weaknesses persist.The underlying inflation rate is gradually rising toward the 2% target.The Bank of Japan’s JGB holdings continue to provide a strong monetary
The US Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred inflation gauge, is due Friday. Recent US economic data has been weaker than expected, leading to increased market fear. Tariff threats by President Trump have added to market concerns about inflation and global growth. Technically, the S&P 500 is in bearish territory, having broken
