Oil prices sink as OPEC+ hikes output, U.S. stock futures dip ahead of Fe…
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Oil price futures gap lower to open the week’s trade – OPEC+ supply hike cited
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Trump’s clearest Greenland threat yet, won’t rule out military action against NATO ally
Trump has refused to rule out the use of military force to take control of Greenland, calling the territory vital for American security interests. “I don’t rule it out. I don’t say I’m going to do it, but I don’t rule out anything,” Trump said in an interview with NBC’s Meet the Press on Sunday.
Newsquawk Week Ahead: FOMC, BoE, US ISM Services PMI, Canada jobs and China trade
Sat: Australian Election Mon: Hong Kong Holiday (Buddha’s Birth), Japanese Holiday (Children’s Day), UK Holiday (Bank Holiday); Swiss CPI (Apr), EZ Sentix (May), US ISM Services PMI (Apr), Turkish CPI (Apr) Tue: Chinese Caixin Services PMI (Apr), EZ Composite/Services Final PMI (Apr), Producer Prices (Mar), US International Trade (Mar), New Zealand Unemployment (Q1) Wed: FOMC,
Risk-On Sentiment Regains Control as Data Downplays Severity of Tariff Shock
Global risk sentiment continued to improve last week, with major equity indices staging robust rallies as investor anxiety over the fallout from tariffs eased. The solid US non-farm payroll data was a key turning point, reassuring markets that the early economic impact of the trade shock was not as damaging as initially feared. Added to
Bullish momentum, buyers don’t give up
AUD/NZD was seen around the upper end of its daily range on Friday. The pair maintains a bullish outlook supported by short-term trend signals. Technicals show mixed bias across indicators, with resistance seen above and long-term averages still pressuring. AUD/NZD is displaying upward momentum ahead on Friday’s session, trading near the top of its daily