Investors are holding record levels of cash ($7.3 trillion), indicating significant caution and potential for further market downside. Concerns about the Trump administration’s tariffs and policy uncertainty, including the threat of universal tariffs, are weighing on market sentiment. S&P 500 recorded its biggest one-day drop since December. Most Read: Will Gold Rally? XAU/USD Price Outlook […]
Well the tariff war continues to take worse turns for Canada. USD/CAD has jumped about 60 pips on the latest from Trump, which promises an additional 25% tariff on Canadian steel and aluminum on top of the 25% already scheduled for tomorrow. Here is the tweet: Based on Ontario, Canada, placing a 25% Tariff on
Euro’s rally continues after a brief pause, boosted by signs of political breakthrough in Germany over major defense and infrastructure spending. Consensus appears to be emerging around the large-scale funding deal, a game-changer toward bolstering Europe’s economic and defense resilience, especially amid ongoing geopolitical conflicts in Ukraine. Germany’s Green party is reportedly prepared to reach
The US Dollar trades broadly in the red on Tuesday, devaluing further against most major peers. The German Green coalition is said to be back on track for a defense spending bill. The US Dollar Index heads to the lower range of 103.00 and could break below it. The US Dollar Index (DXY), which tracks
2025.03.11 2025.03.11 Gold Causes Mounting Panic. Forecast as of 11.03.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The spillover of gold bullion from Europe to North America has been the butterfly effect for a storm in the financial markets. Can the precious metal be the remedy? Let’s discuss this topic and make a trading plan. The article covers the following
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Japan’s machine tool orders increased for the fifth straight month in February, though at a slower pace compared to the previous two months, preliminary data from the Japan Machine Tool Builders Association, or JMTBA, showed on Tuesday. Machine tool orders climbed 3.5 percent year-on-year in February, following a 4.7 percent rise in the previous month.
The risk-off sentiment that triggered the biggest US stock market selloff in months has spilled over into Asian markets, leading to broad declines across the region. The currency markets reflect this shift too, with traditional safe havens such as Japanese Yen and Swiss franc leading gains in Asia, while risk-sensitive currencies like the Australian and
FX option expiries for Mar 11 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0625 1.3b 1.0635 801m 1.0750 972m 1.0885 1.5b GBP/USD: GBP amounts USD/JPY: USD amounts USD/CHF: USD amounts AUD/USD: AUD amounts 0.6275 932m 0.6300 843m 0.6385 2.7b USD/CAD: USD amounts 1.4265 768m 1.4470 697m 1.4570
The so-called Trump trade of going long the US dollar via foreign exchange options has seemingly come to a sudden stop following the euro’s massive rally last week, forcing traders to U-turn on their bets. “I think the Trump trade is now dead and all the USD calls that were bought in various forms are
While there was a slight bounce late yesterday in Wall Street, it was still a very rough day for stocks. Tech shares bore the brunt of the pain, with the Nasdaq closing down by a whopping 4%. That tees up the likelihood of another down week, with this being the fourth weekly decline in a
The Australian Dollar appreciates as the US Dollar faces challenges as concerns over tariff uncertainties deepen. Westpac Consumer Confidence climbed 4% to 95.9 in March, up from 92.2 in February, reaching its highest level in three years. President Trump described the economy as being in a “transition period,” signaling a potential slowdown. The Australian Dollar
John Kennedy, junior United States senator from Louisiana since 2017: serves on the Appropriations, Banking, Budget, and Judiciary Committees in the U.S. Senate serves as the top Republican of the Appropriations Subcommittee on Energy and Water Development and Banking Subcommittee on Economic Policy Comments: Stock market was a little overvalued at around 21 times earnings
The average of household spending in Japan was up 0.8 percent on year in January, the Ministry of Internal Affairs and Communications said on Tuesday – coming in at 305,521 yen. That missed forecasts for an increase of 3.7 percent and was down from 2.7 percent in December. On a monthly basis, household spending slumped
Japan Gross Domestic Product Deflator (YoY) above expectations (2.8%) in 4Q: Actual (2.9%) Source link
The UK Treasury said there is “no plan” to introduce US-style Bitcoin reserves: UK Treasury deems the cryptocurrency’s volatility to be unsuitable for the UK “Bitcoin and other crypto assets have been historically volatile assets relative to stable fiat currencies like the US dollar and commodities, such as gold.” “This volatility makes BTC less suitable
