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 […]
Australia consumer sentiment deteriorated to a six-month low in April on escalating tariff war, survey data from Westpac showed Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index fell to 90.1 in April from 95.9 in March. The index is based on five sub-indices, two tracking assessments of family finances, two tracking expectations for the economy and
The Japanese Yen attracts some dip-buyers and reverses a part of the overnight losses. BoJ rate cut bets and growing recession fears drive safe-haven flows towards the JPY. Dovish Fed expectations weigh on the USD and also exert pressure on USD USD/JPY. The Japanese Yen (JPY) trims a part of modest intraday gains against its
Global market sentiment is showing tentative signs of stabilization. The tone improved slightly as US Treasury Secretary Scott Bessent signaled that for countries choosing not to retaliate, the US has already reached a “maximum tariff level,” which could gradually be rolled back. However, this was far from a green light for relief, as the broader
Proposed U.S. shipping rules could disrupt trade and ports, industry warns – From April 17 Chinese stocks higher as state support lifts sentiment Deutsche Bank is now forecasting a 50bp RBA rate cut in May Global turmoil raises chances of larger RBNZ rate cut – meeting tomorrow Australia business confidence (March 2025) -3.0 (prior -1.0)
The Chinese Commerce Ministry issued a statement on Tuesday in response to the latest US threat to escalate tariffs on China. Key quotes The US threatens to escalate tariffs on China, “which is a mistake on top of a mistake”. China will never accept the “blackmail nature” of the US. Urge the United States to
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate,
Japan posted a current account surplus of 4.061 trillion yen in February, the Ministry of Finance said on Tuesday, up 48.4 percent on year. That beat forecasts for a surplus of 3.80 trillion yen following the 258 billion yen deficit in January. Imports were down 1.9 percent on year to 8.292 trillion yen and exports
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Bank of America has cautioned that escalating trade tensions—particularly between the U.S. and China—could significantly weigh on corporate profits next year. The bank estimates that tariffs and retaliatory measures could reduce S&P 500 earnings by approximately 9%, with an additional 1% hit stemming from Canadian tariffs. The European Union is also expected to announce countermeasures.
Luxembourg’s inflation eased in March to its lowest level in three months amid a steep fall in petroleum prices and communication costs, preliminary data from the statistical office showed on Monday. The consumer price index rose 1.3 percent year-on-year after a 1.7 percent climb in February. The rate was the lowest since December when inflation
Mexican Peso depreciates over 1% as Trump threatens more China tariffs; risk-off sentiment crushes EM currencies. Peso slumps for second straight day as VIX hits pandemic-era highs, fueling flight to safety into USD. Sheinbaum avoids retaliatory tariffs as Mexico pushes for dialogue; auto sector fears long-term disruption. The Mexican Peso (MXN) plunges against the US
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2025.04.07 2025.04.07 What Are Order Blocks In Forex Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Order blocks in trading refer to specific price areas where large market participants, such as institutional traders, place significant buy or sell orders. Clusters of such orders can impact price movement, liquidity, and market sentiment. On the chart, such an area resembles a chart pattern
There are some nice bids coming into markets at the moment. I expect we had some margin calls early and some panic selling. Now we’re getting some bottom fishing. Shares of Nvidia and Amazon traded into positive territory in a sign of where the buyers are looking to get involved. This article was written by
The global stock market rout continues to deepen today, with no clear signs of easing. Investor focus remains firmly on how the world is responding to the U.S.’s sweeping reciprocal tariffs. While equity markets crumble under the weight of growing uncertainty, developments out of Europe hint at a more constructive path—at least for now. A
White House Trade Adviser Peter Navarro told CNBC on Monday that countries seeking a tariff relief need to lower non-tariff barriers, per Reuters. Key takeaways “Any talk of recession seems silly given expected tax cuts.” “When you ask whether US President Donald Trump is willing to negotiate, the president is always willing to listen.” “Methodology
