Author: FX
China’s economy has not been firing on all cylinders. The property collapse debt overhang is being dealt with, but its very slow going. This has contributed to weak domestic demand. The sector that has shown some performance has been the external (ie exports) one. And, obviously, this is going to suffer, at the margin, from higher tariffs. See this, for example:And deflation is an ongoing problem for business:Bloomberg carry the headline that leaders are to meet on stimulus, today. meet Thursday to discuss additional economic stimulus in response to Trump’s tariff increaseswill focus on measures to support housing, consumer spending,…
It was another topsy-turvy day in the financial markets, but this time risk appetite kicked in strongly during the New York session thanks to the latest plot twists in the tariffs drama. Investors seemed so caught up in global trade developments, particularly the shots being fired between the U.S. and China, that the FOMC minutes appeared to be a non-event. Here’s what you need to know. Headlines: Australia Building Permits for February 2025: -0.3% m/m (-0.3% m/m forecast; 6.3% m/m previous) RBNZ cut interest rates from 3.75% to 3.50% as expected and signaled a more dovish outlook on trade concerns…
The Australian Dollar depreciated after Trump intensified trade tensions with China by raising tariffs on Chinese imports to 125%.China’s Consumer Price Index declined 0.1% YoY in March, following a 0.7% drop in February.President Trump announced a 90-day pause on new tariffs for most US trade partners, reducing them to 10%.The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Thursday, retracing some of its over 3% gain from the previous session. The AUD/USD pair weakened after US President Donald Trump escalated trade tensions with China by raising tariffs on Chinese imports to 125%, prompting concern due to Australia’s…
The Highest High and Lowest Low are crucial price points that every trader needs to identify for effective market analysis. But how do traders spot these critical levels without wasting valuable time manually searching for them? The solution is the Neighbourhood MT4 Indicator. This tool automatically identifies the highest high and the lowest low within a specific timeframe, offering traders clear insights into key price levels. By understanding how this indicator works, traders can enhance their decision-making process and ultimately boost their trading success. In this article, we’ll explore the functionality of the Neighbourhood MT4 indicator and how it helps…
Ecuador's violence-hit coastal region focus of presidential candidates Source link
Canada PM Carney: Pause on reciprocal tariffs announced by President Trump is a welcome reprieve for the global economy Trump signal that U.S. will engage in bilateral negotiations will likely result in a fundamental restructuring of the global trading system This article was written by Eamonn Sheridan at www.forexlive.com. Source link
The Greenback reversed its initial loses to three-day lows and ended the session virtually unchanged in response to a late recovery fuelled by President Trump’s announcement of a 90-day delay on reciprocal tariffs. Source link
Everyone else down to 10% but China to 125%.From Trump:Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable. Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a…
The RBNZ’s dovish rate cut to 3.50% has reinforced the Kiwi’s bearish outlook against the Japanese yen, especially amid ongoing global trade tensions. With the central bank explicitly signaling scope for further OCR cuts and global risk aversion climbing, NZD/JPY may continue its downward trajectory in the short-term. Let’s examine how we may theoretically structure a trade plan around this development. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
The Minutes of the Fed’s March 18-19 gathering are due on Wednesday.The Federal Reserve delivered a cautious hold at its March event.Investors contemplate a potential rate cut at the May 7 meeting. The eagerly awaited minutes from the United States (US) Federal Reserve’s (Fed) March 18-19 monetary policy meeting are set for release on Wednesday at 18:00 GMT. During the gathering, policymakers agreed to keep the Fed Funds Target Range (FFTR) unchanged at 4.25%-4.50%.The latest Summary of Economic Projections (SEP) update highlighted a palpable sense of uncertainty within the Federal Open Market Committee (FOMC).Indeed, their revised outlook for 2025 and…