Dollar faced renewed selling pressure in early US session, as markets digested softer-than-expected inflation data. The latest CPI report confirmed that disinflation is regaining traction, with both headline and core inflation easing more than expected in March. This strengthens the case for Fed to resume its rate cut cycle in the coming months. A May […]
The relentless selling pressure in global markets shows no sign of abating, with European stocks and US futures once again under fire today. China’s latest retaliatory move to hike tariffs on US goods from 34% to 84% has reignited investor fears, just as the US implemented its own increase to a staggering 104% on Chinese
Global markets are having a precious moment of calm, with risk sentiment stabilizing across Asia and Europe, and US futures pointing to a higher open. The recent wave of aggressive selling appears to have peaked—at least temporarily—offering traders a breather from the huge volatility experienced since last week. However, this rebound should not be mistaken
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
Minutes of the March policy session of the European Central Bank showed that rate-setters were worried about the impact of the looming trade tariffs and the high uncertainty on the Eurozone economic growth. “Looking ahead, the point was made that the likely shocks on the horizon, including from escalating trade tensions, and uncertainty more generally,
Risk-off sentiment swept across global financial markets today following the U.S. announcement of sweeping reciprocal tariffs. The sheer scale, complexity, and breadth of the trade measures surprised investors and rattled confidence. Equities in Europe and Japan suffered broad losses, but the brunt of the selloff appears to be landing squarely on US markets, where the
EUR/USD soars above 1.1100 as the US Dollar has been hit hard by Trump’s reciprocal tariffs announcement. US President Trump has announced 20% reciprocal levies on the Eurozone. EC von der Leyen vows to retaliate if negotiations with Washington fail. EUR/USD climbs to its highest level since October around 1.1145 in Thursday’s European session and
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
EUR/USD finds cushion near 1.0780 after the release of the weak US ISM Manufacturing PMI and JOLTS Job Openings data. The Eurozone inflation grows at a faster pace in March on month but cools down on a yearly basis. Market participants are mixed over whether Trump’s tariffs would lead to a recession in the US. EUR/USD recovers some
The global equity selloff appears to have passed its peak—at least for now. After days of heavy risk-off moves driven by fears surrounding the upcoming US reciprocal tariffs announcement on Wednesday, traders have taken a cautious step back into a wait-and-see mode. US indexes clawed back most of their earlier losses overnight, closing mixed. Asian
Risk aversion is sweeping through global financial markets today, with equities across Asia and Europe plunging ahead of the US’s so-called tariff “Liberation Day” on April 2. The selloff began in Asia, and continued through European Session. US futures are also pointing sharply lower, with the tech-heavy NASDAQ bearing the brunt of the pressure. Meanwhile,
Euro area consumers’ inflation expectations for the next 12 months and three years ahead were unchanged, while the uncertainty about the outlook for the one year ahead was the lowest in three years, survey data from the European Central Bank showed on Friday. Median expectations for inflation over the next 12 months were unchanged at
Global headlines remain focused on US President Donald Trump’s unfolding tariff regime. But traders are telling a slightly different story. FTSE and DAX slip into negative territory, but the pullback in equities remains limited. Sterling and Euro are both strengthening against Dollar indeed. Tones out of London and Brussels are in stark contrast. UK Chancellor
European Central Bank (ECB) policymaker François Villeroy de Galhau said Thursday that “an increase in long-term yields, all things being equal, tightens financial conditions.” “France needs to bring back the deficit to 3%,” he added. Market reaction The EUR/USD pair is oscillating in a narrow range around 1.0775, up 0.14% at the time of writing. Euro
Sterling fell broadly today after UK’s February CPI came in slightly below expectations. However, the selloff has been contained, with markets still expecting the BoE to proceed cautiously with policy easing. In particular, services inflation remained sticky at 5%, signaling that underlying price pressures are not abating as quickly as hoped. Some economists argue that
Financial markets entered Tuesday on a subdued note, with the Asian session notably quiet. While US stocks managed a rebound overnight on speculation that the April 2 “Liberation Day” tariff rollout might be narrower in scope than initially feared, sentiment failed to fully carry into Asia. Equity indices across the region were mixed, reflecting ongoing
Market sentiment today is largely influenced by a mix of global PMI releases and ongoing uncertainty around US tariff policy. There are reports suggesting the Trump administration may exclude a set of sector-specific tariffs from the sweeping reciprocal levies set to begin on April 2. US futures are pointing to a solid open, suggesting investors
