The rebound in US stock markets proved short-lived, with major indexes slipping back into the red by the end of Tuesday’s session. NASDAQ led the losses, as sentiment turned increasingly fragile. Asian markets followed suit, opening lower with large intraday volatility across the region. Concerns about a global recession continue to weigh heavily on investors’ […]
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points
GBP/USD edged higher after US President Donald Trump signaled a willingness to engage in trade negotiations. US Customs and Border Protection confirmed plans to start collecting country-specific tariffs from 86 trade partners. The British Pound found support from stronger as the 10-year gilt yield rose to around 4.61%. The GBP/USD pair advances for a second
Notable Fed watcher Nick Timiraos’ latest in the Wall Street Journal: Trump’s Tariffs Put Fed Chair Powell in a ‘No-Win Situation’ The Journal is gated, but his tweet is a good summary of the main points: I suspect Trump will get a bit of satisfaction having placed Powell into this situation. This article was written
US President Donald Trump said late Tuesday that China is manipulating the Chinese Yuan to offset against tariffs. Key quotes Says we’re going to tariff pharmaceuticalsChina pays a 104% tariff.Always had a very good relationship with China’s XiMore tariffs on China will be in place tonight.Expects China to reach an agreement eventually. Market reaction At
2025.04.08 2025.04.09 Weekly Economic Calendar for 14.04.2025–20.04.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Investors and markets are slowly adjusting to the new landscape after the introduction of counter-tariffs by President Trump’s administration. However, uncertainty remains high, and the risk of further trade tensions continues to weigh on sentiment. In the upcoming week of 14.04.2025–20.04.2025, market participants will focus on
South Korea has announced emergency measures to support its auto industry in response to a 25% U.S. tariff on imported vehicles and parts, effective Thursday. The new tariff affects over $460 billion in annual trade and poses significant risks to Korean automakers, which export nearly half their vehicles to the U.S. Key measures include: Increased
The Reserve Bank of New Zealand is set to lower the interest rate by 25 bps to 3.5% on Wednesday. In February, the RBNZ left the door open for further cuts, anticipating the negative impact of US tariffs. The New Zealand Dollar could experience intense volatility following the RBNZ’s policy announcements. The Reserve Bank of
Markets: Gold down $2 to $2981 S&P 500 down 1.6% US 10-year yields up 14 bps to 4.29% WTI crude down $2.31 to $58.39 CHF leads, AUD lags There was a singular theme in trading today and it was optimism that Trump could delay planned tariffs both due at midnight New York time, both the
DXY trades around the 103.00 zone on Tuesday as bulls attempt to extend Friday’s recovery. Sentiment was lifted after US Trade Representative Greer noted ongoing tariff talks with around 50 countries. Key resistance for the US Dollar Index aligns near 103.70 with downside support forming close to 102.70. The US Dollar Index (DXY), which tracks
The New Zealand dollar has rebounded on Tuesday. NZD/USD is trading at 0.5615, up 1.3% on the day. This follows a 5% plunge over the past two days. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. NCwLz – is a forced measure to prevent JS
The USD/CAD price analysis shows increasing hopes of tariff negotiations. Canada was among the few countries that escaped reciprocal tariffs. The Eurozone and China are ready to impose counter-tariffs. The USD/CAD price analysis shows a rebound in the Canadian dollar amid hopes of tariff negotiations that might lift global economic concerns. Meanwhile, the dollar remained
USDCHF on the hourly chart. 100 hour stalls the rally After trading within a well-defined red-box range (between 0.8758 and 0.8850) through much of March (see chart above), USDCHF sellers took firm control last week, pushing the price sharply lower and breaking decisively below the consolidation zone. That breakout marked a shift in sentiment, with
Global markets are having a precious moment of calm, with risk sentiment stabilizing across Asia and Europe, and US futures pointing to a higher open. The recent wave of aggressive selling appears to have peaked—at least temporarily—offering traders a breather from the huge volatility experienced since last week. However, this rebound should not be mistaken
BestX and Tradefeedr, the two main third-party transaction cost analysis (TCA) providers, have launched tools that enable buy-side firms to standardise and automate counterparty selection for cash foreign exchange trades, ahead of request-for-quote or algorithmic execution. The launches are part of a wider push by asset managers to integrate TCA into their trading workflows to
The Greenback softens a touch on Tuesday against major peers amidst trade war tensions. Markets revalued the Greenback to the upside after upbeat Nonfarm Payrolls numbers and US yields rebounding. The US Dollar Index trades back above 103.00 and looks to consolidate further. The US Dollar Index (DXY), which tracks the performance of the US
2025.04.08 2025.04.08 Gold Rally Halts Following Exemption From US Tariffs. Forecast as of 08.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The exemption of gold from US tariffs on America’s “Liberation Day” was a cruel joke. Instead of extending its rally, the precious metal lost its main competitive advantage and plunged. Let’s discuss this topic and make a trading plan.
