The Trump administration’s tariff plans are here, what will the implications be for the S&P and Dow Jones? Technology companies in the S&P 500, like Apple and Microsoft, are particularly vulnerable to tariffs due to their reliance on non-US markets. Analysts expect protracted negotiations regarding tariffs, leading to continued market fluctuations. Despite the uncertainty, the […]
Trump to announce new tariffs at 20:00 GMT; plan may include 20% duties on nearly all US trade partners. UK hopes for exemption amid balanced trade ties; GBP rallies on optimism and cautious risk-on mood. Strong ADP and Durable Goods data fail to lift USD ahead of key NFP and Powell speech later this week.
A report released by the Energy Information Administration on Wednesday unexpectedly showed a sharp increase by U.S. crude oil inventories in the week ended March 28th. The EIA said crude oil inventories surged by 6.2 million barrels last week after slumping by 3.3 million barrels in the previous week. Economists had expected crude oil inventories
USDCHF technicals The USDCHF continues to trade within a well-defined range, with repeated attempts to break above the 0.8840–0.8848 zone (see red-numbered circles on the chart) failing to gain traction. Today’s failed push above resistance has kept sellers active, with the pair drifting back lower while remaining within the broader consolidation area. The downside move
Risk-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 details of US President Donald Trump’s sweeping reciprocal tariffs plan. Markets are hoping for clarity
RBA holds rates but hints at further cuts if trade tensions worsen The Reserve Bank of Australia maintained the cash rate at 4.10% on Tuesday, in a move that was widely expected by markets. Still, the Australian dollar reacted positively, gaining 0.48% on Tuesday. The RBA statement noted that underlying inflation continued to ease in
Ireland’s retail sales growth accelerated in March after easing in the previous month, data from the Central Statistics Office showed on Wednesday. The value of retail sales rose 5.6 percent year-on-year in March, faster than the 4.8 percent increase in January. Sales of cultural and recreation goods surged 18.2 percent annually in February, and
The USD/CAD price analysis indicates renewed hopes of tariff relief in Canada. Some US senators are ready to block Trump’s proposed tariff on Canada. US data revealed weaker-than-expected business activity in the manufacturing sector. The USD/CAD price analysis indicates renewed hopes of tariff relief in Canada, which is supporting the loonie. US lawmakers are trying
NZD/USD jumps to near 0.5750 as antipodeans outperform ahead of Trump’s tariff announcement. Donald Trump is expected to announce massive tariff measures for China. Trump’s tariffs will be bad for the global economy, including the US. The NZD/USD pair advances to near 0.5745 during European trading hours on Wednesday. The Kiwi pair strengthens as antipodeans
2025.04.02 2025.04.02 Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 02.04.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Cryptocurrencies continue to descend. Thus, short trades can be considered. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to fall to
The crypto fuss has been around since 2009, with the creation of the first token, but only started gaining much popularity between 2013 and 2017. By March 2010, the value of Bitcoin was less than $0.01, but by the end of 2013, it had surpassed $1200. When you look at Bitcoin in 2025, the value
Asian 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. However, the rebound in commodity currencies overnight hints that some market participants are leaning toward
South Korea’s consumer price inflation rose slightly in March, data from Statistics Korea showed on Wednesday. The consumer price index grew 2.1 percent on a yearly basis in March, faster than the 2.0 percent increase in February. Inflation was forecast to remain unchanged at 2.0 percent. Excluding food and energy, core inflation rose to 1.9
BYD has announced its first price cuts in the Japanese market, slashing the cost of its pure electric vehicles—including the popular Dolphin model—by around 300,000 yen (approximately US$2,000), according to Japanese media reports. The move comes as Japan’s EV market faces stagnant growth. BYD aims to boost its market share through more aggressive pricing, signaling
A combination of supporting factors pushes NZD/USD higher for the second straight day. A positive risk tone and Fed rate cut bets undermine the USD, lending support to the pair. The upside seems limited as traders keenly await Trump’s reciprocal tariffs announcement. The NZD/USD pair gains strong follow-through positive traction for the second straight day
Australian February building permits -0.3% m/m expected -1.5%, prior +6.3% +25.7% y/y prior +21.7% This article was written by Eamonn Sheridan at www.forexlive.com. Source link
2025.03.31 2025.04.02 Weekly Economic Calendar for 07.04.2025–13.04.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Increased volatility and turbulence continue to rattle the markets, while contradictory macroeconomic data keeps flowing from the US. Adding to the uncertainty, the US President has been hinting at new tariffs, though he often ends up canceling or adjusting them later. However, this isn’t always the
