Global Markets Grapple with Uncertainty as Trade Tensions, Economic Uncertainties, and Tech Woes Persist • The global markets are dealing with unprecedented uncertainty today, marked by erratic US trade policy and chaotic economic forecasting, making long-term investment very difficult. • Apple is offering trade-in discounts in China, an indication of competitive pressure. Investors are particularly […]
Will USD Weakness Persist? A quiet data calendar has allowed the dollar’s (USD) bearish trend to re-emerge. However, some USD-positive trade-related headlines may come out of the ongoing G7 summit in Canada, especially with speculation that the US might be discussing FX agreements with key trading partners. Outlook for the USD• Positive trade developments from […]
Bitcoin Hits All-Time High on Institutional Demand; Global Trade Wars Intensify • Bitcoin has surged above $111,000 for the first time, driven by increasing institutional investment and expectations of potential regulatory clarity for cryptocurrencies under President Trump. • It is being spearheaded by big Bitcoin holders like Michael Saylor’s Strategy and an increasing number of […]
Dollar Hits One-Month Low as G-7 Sparks Fresh FX Policy Watch Dollar Sentiment Turns Bearish• The Bloomberg Dollar Spot Index fell 0.4%, its third consecutive daily decline.• One-month options pricing shows the most bearish dollar sentiment in five years.• Market behavior reflects growing concern over US fiscal credibility and policy direction. G-7 Meeting Raises FX […]
Market Volatility Surges as Geopolitical Risks, Economic Policies, and Chip Wars Converge • Oil prices surged on reports of potential Israeli strikes on Iran’s nuclear facilities, in a further bout of market uncertainty already complicated by US-Iranian nuclear talks. • The same geopolitical risk also briefly pushed mainstream safe-haven currencies. • US stock futures fell […]
Commodities Outlook: Uncertainty Ahead Amid Geopolitics and Shifting Demand Oil Holds Above $65 Despite Stalled Trump-Putin Call• Oil markets remain rangebound as the much-anticipated Trump-Putin phone call delivered no real diplomatic progress.• Trump hinted at possible Ukraine-Russia negotiations, yet Putin reiterated Russia’s position to address the “root causes”, showing no willingness to compromise.• Markets worry […]
US Managers Call for Board Overhaul as Director Overreach Concerns Grow; Debt Fears Globally Persist • A record 93% of top-tier U.S. executives call for board member replacements, a new PwC and Conference Board survey finds, with some citing advanced age and over-boarding. • This as a large majority of managers (32%) report directors overstepping […]
Moody’s US Credit Downgrade Jolts Gold while Dollar and Futures Decline Gold prices increased a tad, recovering some of its earlier gains, as concerns grew over the prospects of the US economy and its widening budget deficit. This followed Moody’s Ratings downgrade of the credit rating of the US government to Aa1 from Aaa, citing […]
Markets Mixed: Dow Rises, Nasdaq Ends 6-Day Rally Amid Walmart’s Tariff Concerns • S&P 500: Increased by 0.4% to 5,916.93, marking its fourth consecutive day of gains. • Dow Jones Industrial Average: Rose by 0.65%, or approximately 272 points, closing at 42,322.75. • Nasdaq Composite: Declined by 0.18% to 19,112.32, snapping a six-day winning streak. […]
Global Markets Navigate Tariff Turbulence and Await U.S. Data European Earnings Amid Tariff Uncertainty European companies have demonstrated resilience in the face of U.S. President Donald Trump’s tariff policies, with first-quarter earnings showing a 1.9% increase year-over-year. Excluding the energy sector, earnings rose by 7.3%. However, the strong euro and ongoing trade uncertainties have led […]