Currency futures collapsed on Monday after Trump implemented tariffs on Canada, Mexico, and China, increasing worries about trade wars. Meanwhile, the dollar rallied as the prospects of the US economy improved. On the other hand, the outlook for economies in Canada, China, and Mexico dimmed. Over the weekend, Trump’s administration surprised investors by announcing the Read More…
Interest futures eased on Friday as the dollar, and Treasury yields climbed after Trump emphasized his tariff plans. Meanwhile, market participants remained cautious ahead of a crucial US inflation report that will shape the outlook for monetary policy. The bond market paused its recent rally as investors feared a longer period of elevated interest rates Read More…
Oil prices paused after collapsing in the previous session as market participants worried about looming tariffs on Canada and Mexico. Notably, these two countries supply most of their oil to the US. Moreover, a surge in US crude inventories last week indicated weak demand, dampening sentiment. Oil prices peaked on 15th January and have maintained Read More…
Gold prices remained steady after Tuesday’s rally as market participants anticipated the US Federal Reserve policy decision. The rebound in the previous session came as investors absorbed Trump’s recent comments on tariffs. The US Central Bank will conclude its meeting later on Wednesday. According to economists, policymakers will likely vote to keep rates at current Read More…
Equities collapsed on Monday, reversing last week’s rally as risk appetite dropped after reports of a new low-cost Chinese AI model. Moreover, Trump announced tariffs on specific goods, increasing the risk of trade wars. Investors eagerly await the FOMC policy meeting for clues on future moves. Last week, Trump failed to give any clear guidance Read More…
Currency futures rallied on Friday as the dollar eased due to downbeat US business activity data. At the same time, data from other countries like the Eurozone and the UK revealed a rebound in economic activity. However, by Monday, the greenback rebounded as traders geared up for the Fed policy meeting. Currency futures strengthened last Read More…
