Financial markets are trying to consolidate in the aftermath of Monday mayhem which initially crushed risk appetite before cooler heads prevailed. Whether or not these cooler heads can keep things going remains to be seen with so much uncertainty still up in the air around the state of tariffs and trade wars. Wrap-Up Call
LMAX Exchange Staff Blogs
President Trump’s rumored 90-day tariff pause on all but China was quickly denied, leading US stock indices to slide before closing higher, halting a three-day drop, though uncertainty lingers as over 50 countries await trade talks. President Trump remains defiant, pushing for a trade reset with threats of 104% tariffs on China by Thursday. Audio […]
The Dollar has come under some more pressure as the week gets going on the back of recession fears following the US administration’s reaffirmation of its contentious tariff policy. President Trump has dismissed market concerns, labeling the tariffs as a necessary medicine. Wrap-Up Call
Global financial markets have been rocked by heightened volatility following President Trump’s unexpected announcement of steep global tariffs, sparking fears of a US recession and driving a sharp decline in Treasury yields and the US dollar. Audio Update Technical highlights EURUSD Closing in on 2023 high GBPUSD Next big target at 2024 high USDJPY Gravitating […]
It’s being viewed as a watershed historic moment for global trade. The US Liberation Day tariffs have certainly shaken up financial markets in the immediate aftermath. Investors have lost confidence in the US Dollar, which has come under pressure across the board, particularly against the other major currencies which are being seen as attractive alternatives. […]
All eyes on what comes of today’s Liberation Day. The market will be wanting to know the extent of the tariff package scheduled to be announced by President Trump at 4pm ET. There has been some hope in the lead up that the package will be less disruptive to financial markets than what many had […]
Financial markets are currently being driven by a combination of geopolitical tensions, central bank policy expectations, and renewed trade uncertainty. Investor sentiment remains cautious as markets await clarity on potential U.S. reciprocal tariffs, which could reignite global trade frictions. Audio Update Technical highlights EURUSD Closing in on 2023 high GBPUSD Next big target at 2024 […]
Things have been relatively quiet in Tuesday trade thus far. A lot of this is understandable when considering the market is awaiting details around tomorrow’s tariff announcements from the Trump administration. Wrap-Up Call
Financial markets have settled into a wait-and-see ahead of tomorrow’s highly anticipated update on the details of US tariffs. We have seen some position squaring ahead of the event risk, as some traders look to reduce risk associated with worst case scenarios. Audio Update Technical highlights EURUSD Closing in on 2023 high GBPUSD Next big […]
The ongoing escalation in trade tension has resulted in more downside pressure on risk assets, with US equities continuing to get hit hard as a consequence. The US Dollar has been trading with more of a mixed tone of late, more bid up against the risk correlated currencies, but getting sold against the other majors. […]