Walmart’s earnings failed to please investors. Can Costco and these other…
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Weekly Market Outlook (03-07 March)
UPCOMING EVENTS: Monday: China Caixin Manufacturing PMI, Switzerland Manufacturing PMI, Eurozone Flash CPI, Canada Manufacturing PMI, US ISM Manufacturing PMI. Tuesday: Eurozone Unemployment Rate, Canada-Mexico-China Tariffs Deadline, Trump Congress Speech. Wednesday: China Two-Sessions, Australia Q4 GDP, China Caixin Services PMI, Switzerland CPI, Eurozone PPI, US ADP, Canada Services PMI, US ISM Services PMI. Thursday: China
USD/CAD Weekly Forecast: March Tariff Plans Suppress Loonie
The USD/CAD weekly forecast indicates a dim outlook for Canada’s economy. US tariffs on Canadian goods will come into effect in March. The dollar surged as traders sought safety amid economic uncertainty. The USD/CAD weekly forecast indicates a dim outlook for Canada’s economy as Trump plans to implement a 25% tariff in March. Ups and
Safe-Haven Demand Fuels Dollar Rally Amid Trade, Geopolitical Turmoil
Market sentiment took a decisive turn for the worse last week, with risk aversion dominating across asset classes. The combination of deteriorating domestic economic conditions in the US and heightened global uncertainties has fueled concerns that risk appetite could weaken further. Equities faced renewed selling pressure, yields dropped sharply. Domestically, US economic data painted a
China February PMIs: Manufacturing 50.2 (expected 50.0) Services 50.4 (expected 50.3)
Official February 2025 PMIs from China’s National Bureau of Statistics (NBS). Both the January and February data are impacted this time of year by the Lunar New Year holidays. These were Jan. 29 to Feb. 12 in 2025. March will provide a clearer reading. Manufacturing 50.2, beating the median consensus estimate and back into expansion
China NBS Manufacturing PMI registered at 50.2 above expectations (49.9) in February
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Gold plunges 3% weekly as trade policies, recession fears fuel USD rally
Gold drops over 1% Friday as USD strengthens, hitting 10-day high at 107.66. XAU/USD falls to $2,845 as Fed rate-cut bets rise Trump confirms 25% tariffs on Mexico and Canada, fueling market uncertainty. Fed expected to cut rates by 70 bps in 2025 with first cut projected for June. Gold extended its losses on Friday,
Markets Weekly Outlook – Tariffs, NFP and ECB Meeting on the Agenda
Tariffs have been the primary driver of market volatility. US economic data shows signs of a potential stall, with consumer spending down and inflation remaining high. The S&P 500 and Nasdaq 100 are struggling, and the Fear and Greed index is in fear territory. Next week’s focus includes potential US tariffs, China’s Two Sessions meeting,
Mexico open to new tariffs on China to avoid Trump duties
Claudia Sheinbaum I think this is a big tell on the North American front. Bloomberg reports that Mexico is open to new tariffs on China to avoid Trump duties. I don’t think anyone really believed this was all about fentanyl, given Trump’s words. Now we get some confirmation of that with the aim shifting towards
Colombia National Jobless Rate: 11.6% (January) vs 9.1%
Colombia National Jobless Rate: 11.6% (January) vs 9.1% Source link
XAU/USD: Elliott wave analysis and forecast for 28.02.25 – 07.03.25
2025.02.28 2025.02.28 XAU/USD: Elliott Wave Analysis and Forecast for 28.02.25 – 07.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: once the correction ends, consider long positions above the level of 2583.80 with a target of 3100.00 – 3300.00. A buy signal: the level of 2583.80 is broken to the upside.
Sentiment Lifted by In-Line PCE Data, But Tariffs Could Limit Optimism
Risk sentiment received a boost in early US trading as January’s PCE inflation data came in line with expectations, lifting hopes that Fed may have room to cut rates in the first half of the year. Both headline and core PCE inflation slowed, adding to expectations that disinflation remains on track. Fed fund futures now