Author: FX
Trump’s tariff bombshell and a red-hot ADP jobs report sent shockwaves through the markets, flipping risk sentiment and jolting major assets. From gold’s record surge to the dollar’s wild ride, here’s what moved and why it matters. Headlines: Australia building approvals for February: -0.3% m/m (-1.4% forecast, 6.9% previous) Bloomberg reported that China has taken steps to restrict local companies from investing in the U.S. amid trade tensions Speculations that Trump’s “Liberation Day” tariffs are ceilings that could be negotiated downward supported risk sentiment early Wednesday RBA to raise prices of new OMO repos by 5 – 10bps above cash…
Who’s ready to trade the U.S. NFP report? Here’s a rundown of market expectations, what leading indicators are pointing to, and what potential results could mean for USD price action. Better review how the dollar reacted to previous releases, too! 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
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
The SSH Multi Time-Frame MT4 Indicator offers a streamlined solution to this problem, providing traders with a comprehensive view of the market on a single screen. By displaying key information from various time frames in one place, this indicator helps traders make quicker, more accurate decisions. Keep reading to learn how it can transform your trading strategy and improve your results. Understanding the SSH Multi Time-Frame MT4 Indicator The SSH Multi Time-Frame MT4 Indicator is a tool designed to make Forex trading more efficient and effective. In the fast-paced world of trading, having to manually check different time frames can…
NZD/USD softens to around 0.5730 in Thursday’s early Asian session. China will face a 54% tariff under the new Trump policy, weighing on the Kiwi. Traders raise their bets that the Fed will cut rates in June as Trump puts on new tariffs. The NZD/USD pair faces some selling pressure to near 0.5730 during the early Asian session on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after US President Donald Trump announced reciprocal tariffs that would escalate a trade war.Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United…
Crude oil futures settled $71.71. That’s up $0.51 or 0.72%.The gains came despite a surprise jump in U.S. crude inventories, which rose by 6.2 million barrels last week according to the EIA, compared to analyst expectations of a 2.1 million barrel drawdown. The market’s focus appears to be shifting toward geopolitical risks, including new supply from OPEC+—which is gradually tapering production cuts with 138,000 barrels per day of added supply this month—being largely offset by tighter U.S. sanctions on Iran and Venezuela. Additionally, President Trump has threatened secondary tariffs on nations purchasing Russian oil and is set to unveil a…
President Trump’s self-imposed tariff deadline of April 2 has arrived. After multiple delays and false starts, the Trump administration insists this time is for real. Actual details of the Trump team’s tariff plans remain ambiguous and ever-changing. Tariff announcement slated for 1900 GMT (4 pm EST) United States (US) President Donald Trump’s self-styled “Liberation Day” has finally arrived. After four straight failures to kick off Donald Trump’s “day one” tariffs that were supposed to be implemented when President Trump assumed office 72 days ago, Trump’s team is slated to finally unveil a sweeping, lopsided package of “reciprocal” tariffs. Additional tariffs…
Trump tariffs won't derail fall in European inflation, ECB's Villeroy says Source link
TSLA dailyTesla delivered 336,681 vehicles in the first quarter, according to a company release.The consensus on deliveries was 377-380K but the whisper number was around 355K. Those compared to 386,810 in the first quarter of 2024, which is a 13% decline.Shares of Tesla were down 2.3% prior to the report and fell further afterwards.The company reported 362,615K vehicles in production and said “the ramp of the New Model Y continues to go well.”The big miss on deliveries suggests that March numbers have been very slow. That matches with data from France today showing Tesla sales down 37% y/y in March…
Silver price climbs to near $34.00 ahead of Trump’s tariff announcement. Trump’s reciprocal tariffs will be unfavorable for the global economy, including the US. Investors also await the US ADP Employment Change data for March. Silver price (XAG/USD) advances to near $34.00 during European trading hours on Wednesday. The white metal moves higher as investors rush to safe-haven assets amid caution ahead of the announcement of reciprocal tariffs by United States (US) President Donald Trump at 20:00 GMT. US President Trump is poised to announce hefty tariffs on his trading partners in an attempt to fix what he calls unfair…