Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee took a cautionary stance on the ever-evolving trade stance of the Trump administration on Monday. According to Goolsbee’s interview with The New York Times, constantly-changing tariffs and trade strategies from the White House have thrown a very large wrench in plans for hiring and investment for
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
The NASDAQ Composite Index has broken back above the 200-day moving average (green line on the chart at 18,320.79) and 100-day moving average (blue line at 18,476.49) —a technical development that marks a shift in the medium-term trend. These MA levels were broken for the last time (to the downside) on March 6 and had
EUR/USD slides below 1.1100 as the US Dollar rallies after the US and China agreed to lower tariffs by 115% for 90 days. The US-China temporary trade truce is expected to tame elevated consumer inflation expectations. ECB Schnabel sees no need to lower interest rates further. EUR/USD is down over 1% near 1.1100 during North
(Video transcript) This week’s trading opportunity Hello and welcome to “Trade of the week” on Monday 12th May, 2025. And let’s have a look at today’s trade, and it’s a difficult one to pick because, basically, markets are a bit wild now that China and the US seem to be talking about a possible trade
Global risk markets surged after the surprising breakthrough in US-China trade negotiations delivered results far beyond market expectations. Just days ago, hopes were low, with even the mere continuation of talks seen as a positive development. Investors had braced for a possible breakdown or at best, a symbolic gesture of engagement. Instead, both countries announced
The Japanese yen has started the week with sharp losses. USD/JPY is trading at 148.18, up 1.9% on the day. Earlier, the yen strengthened to 148.59, its strongest level since April 3. US and China agree to temporary cut in tariffs The US and China have reached an agreement to slash tariffs on each other’s
Following closely watched meetings over the weekend in Geneva, Switzerland, the U.S. and China have announced an agreement to drastically reduce tariffs on each other’s goods. The White House said the agreement calls for the U.S. and China to each lower tariffs by 115 percent while retaining an additional 10 percent tariff. The U.S. will
2025.05.12 2025.05.12 Yen Under Pressure Amid Trade Optimism. Forecast as of 12.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The S&P 500 has risen 14% from its April low, forcing USDJPY bears to flee the market. Reduced demand for safe-haven assets is not the only negative factor for the Japanese yen. The Bank of Japan remains dormant. Let’s discuss these
The USD/JPY outlook shows a loss of appeal for safe-haven currencies. China and the US finally agreed to pause the tariffs for 90 days. India and Pakistan agreed on a ceasefire. The USD/JPY outlook shows a loss of appeal for safe-haven currencies like the yen amid easing trade and geopolitical tensions. China and the US
WTI on track for third straight day of gains The WTI crude oil price’s recovery from last week’s $55.39 per barrel low, made close to the 4-year April $55.15 low, has taken it through its April-to-May resistance line which is short-term bullish price behaviour. WTI is on track for its third consecutive day of gains with
2025.05.12 2025.05.12 Markets Cheer US-China Deal After Geneva Trade Talks. Forecast as of 12.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite the reduction in import duties, the universal tariff of 10% will remain in force, which may spur inflation and force the Fed to keep the interest rate at 4.5%. Let’s discuss this topic and make a trading plan
Nasdaq Analysis for Today: Bulls Take Charge Post US-China Trade Talks Weekend’s US China talks are good for today’s Nasdaq futures Current Nasdaq Futures Price: $20,558 (+2.1% from Friday’s close) Market Context After US-China Trade Talks Nasdaq futures are bullishly positioned today following moderately positive news from the weekend’s US-China trade talks. The optimistic sentiment
Markets opened the week on a subdued note despite the White House’s announcement that a trade agreement had been reached with China following negotiations in Switzerland. Despite the positive headline, investor reaction has been muted with lackluster performance in Asian stocks. Traders appear to be holding back judgment, at least until US Treasury Secretary Scott
UK recruitment activity remained weak at the start of the second quarter as demand for staff deteriorated amid the rise in the salary inflation due to the increases in the national minimum and living wage rates, a report compiled by S&P Global showed Monday. Permanent staff appointments declined further amid reports of weak employer confidence
The US Dollar Index may retest the upper boundary of its ascending channel near 100.80. A decisive break above the 50 mark would be required to confirm a shift toward bullish momentum. The DXY may target immediate support at the nine-day EMA of 100.10. The US Dollar Index (DXY), which tracks the performance of the
Mixed market reactions ahead of trade talks United States (US) equity markets concluded last week on a subdued note as uncertainty loomed ahead of the weekend’s US-China trade discussions. For the week, the US 500 (S&P 500) finished 0.5% lower, the US Tech 100 (Nasdaq) slipped about 0.2%, and the Wall Street (Dow Jones) dropped by
