When asked if reciprocal tariffs are still coming on Wednesday, US President Donald Trump said ‘we’ll see’. Trump commented on this at an event to welcome home a hostage released by Russian President Vladimir Putin late Tuesday. Market reaction Markets remain on tenterhooks on Trump’s tariffs uncertainty, with the US Dollar Index (DXY) finding fresh […]
I posted headline comment earlier: So far, that’s it from him, Reuters have a recap up, this is it, In full! Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will continue to conduct its monetary policy with the aim of achieving its 2% inflation target sustainably and stably. Ueda made the
2025.02.11 2025.02.12 Economic Calendar for the Week 17.02.2025 – 23.02.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Trump’s statements about introducing new restrictive tariffs are shaking up the markets. In times of such extreme uncertainty, investors are forced to turn to safe-haven assets like gold, government bonds, and the yen to protect their assets. In the upcoming week, 17.02.2025 –
Oil prices are showing surprising resilience despite trade war fears, buoyed by ongoing sanctions on Russian and Iranian oil supplies. The EIA has raised its 2025 forecast for US oil production. A host of factors are influencing Oil price dynamics and is likely to keep market participants guessing. Most Read: Gold (XAU/USD) Outlook: $3000/oz Target
USD/JPY rebounds 0.35% from 151.64 low, driven by bond yield movements. Technical analysis hints at bullish shift; resistance near 200-day SMA at 152.76. Downside risks if SMA not surpassed; supports at 152.00 and 150.93 in focus. The USD/JPY climbed during the North American session. It trades at 152.52 and posts gains of over 0.35% after
The US stock have taken a turn to the downside with the NASDAQ index leading the way. The NASDAQ index is now down -0.64% at 19590. The low price just reached 19579.77. On the downside, the price of the NASDAQ is approaching its 200 hour moving average at 19569.54. (Green line on the chart below).
Trading is relatively subdued today across global markets as investors assess the fallout from the US steel and aluminum tariffs announced by President Donald Trump. Major European equity indexes are treading water, while US futures are slightly in the red. Treasury yields are recovering, though it remains too early to confirm a reversal of the
The US Dollar flat for a second day in a row this week. All eyes shift towards Fed Chairman Jerome Powell heading to Capitol Hill. The US Dollar Index (DXY) is not ging anywhere and is residing above 108.00 wh.ile looking for direction The US Dollar Index (DXY), which tracks the performance of the US Dollar
The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6279, up 0.05% on the day. Australian business confidence jumps, consumer confidence stagnant Australian confidence indicators were mixed on Tuesday. The Westpac consumer sentiment index climbed 0.1% in February to 92.2 points, which means a majority of the
2025.02.11 2025.02.11 Gold Climbs to New All-Time Highs. Forecast as of 11.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ What factors have contributed to the 11% rally in the XAUUSD since the beginning of the year? Could these be shifts in a geopolitical landscape or Donald Trump’s tariffs? At the same time, was it due to central banks’ increased gold
Trump announced a 25% tariff on steel and aluminum imports. The outlook for the US economy is brightening with additional tariffs. Economists believe US inflation will be slower, increasing by 0.3% in January. The USD/CAD price analysis shows CAD sellers returning to the market amid fears of the impact of Trump’s new tariffs on Canada’s
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Major Takeaways BTCUSD: The price will presumably continue declining in the actionary wave [Y]. Consider short positions from the current level with Take Profit at 89,129.00. XRPUSD: A decline in the final part of the bearish correction is projected. Consider
Dollar is trading is a mildly firmer tone while Gold inches closer to the key 3000 psychological level after US President Donald Trump officially raised tariffs on aluminum and steel imports. However, the broader market reaction has been relatively subdued. Major US equity indexes managed to post modest gains overnight, and 10-year Treasury yield also
Foreign exchange losses have begun to mount for some of the largest global corporates, with the likes of Amazon, Apple and Nike reporting revenues negatively affected by continued US dollar strength in the fourth quarter. Since September, the dollar has risen by as much as 7% against many G10 and emerging market currencies, reducing the
