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,...
Canada – Ontario Premier Ford says will completely halt export of nickel to the US
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,...
Nasdaq erases all the gains since the election in bruising day
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,...
China dampens fiscal stimulus hopes with article on deficits
China watchers are highlighting this article. It's called "The Basic Understanding of China's Current Fiscal Deficit Issue" and was written in the state-sponsored China State Finance publication. It comes at at time when the market and many economists are begging for...
Economic calendar in Asia Tuesday, March 4, 2025 – RBA February meeting minutes
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,...
Trade ideas thread – Tuesday, 4 March, insightful charts, technical analysis, ideas
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,...
Trump signed action to increase China tariffs to 20% – White House
The White House says that Trump signed the order to raise China tariffs to 20%.That's notable partly because he hasn't signed the orders on Mexico and Canada, or at least they haven't announced it. CNBC in their reporting touched on that. They asked the White House...
US 10-year yields near the December lows
US 10 year yieldsUS 10-year yields are down 7 bps to 4.16% today. That's the lowest so far this year and within striking distance of the December intraday low of 4.126%.Beyond that, 4.00% and the September low of 3.60%. That low came on big concerns about a slowing US...
US stock markets crushed as Trump says tariffs “go into effect tomorrow”
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,...
USD/CAD jumps to 1.45 as Trump says there is no room for negotiation on Canada tariffs
Trump earlier said Canada and Mexico tariffs would go into effect tomorrow. Later in the press conference he was asked if there was any room for negotiation before the tariffs went on and he said there wasn't."The tariffs, you know, they're all set. They go into...
Trump reiterates 25% tariffs on Mexico and Canada
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,...
Trump says TSMC will build five additional factories in the United States
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,...
Markets will struggle until Congress passes a the tax cut
There are so many factors driving markets at the moment. Last Friday, I highlighted 8 things that were weighing on sentiment and that continues to be the case.This week, markets got some life when the House passed a budget resolution on extending the 2017 Trump tax...
Bitcoin fades most of the strategic reserve pump
Bitcoin broke through the 61.8% retracement of Sunday's surge higher and is now only $2500 above when Trump tweeted about a strategic reserve including bitcoin and at least 4 other cryptos.Bitcoin intradayIt's a disappointing outcome but I highlighted that Trump's...
Trump re-iterates that tariffs will go on external goods on April 2
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,...
Surprise decision: OPEC will go ahead with April oil output increase (confirmed)
OPEC+ was expected to delay a planned April oil output increase but is instead going ahead with it, according to a delegate cited by Bloomberg (this is now confirmed by various other reports)Oil is quickly lower.OPEC+ is scheduled to boost output by 138,000 bpd in...
US tech stocks come under fresh pressure. Nvidia down 7%, Tesla turns negative
There is some real divergence in the fortunes of stocks within the Nasdaq at the moment. The Nasdaq Composite is down 1.2% but there is some major variance within that.The biggest drag is undoubtedly Nvidida, which continues to sink following the reversal lower on...
What stimulus is expected from China’s National People’s Congress this week
US economic data, AI and Donald Trump are dominating the market's attention at the moment but the real signal for the global economy this week is likely to come out of Beijing, where the National People's Congress is taking place all week.Since late last year the...
Fed’s Musalem: Recent consumer and housing data pose some downside risk
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,...
Goldman Sachs highlights a quirk in US GDP calcuations that will help the US grow
US Trade deficit largest on record (by a lot)Last week's huge US trade deficit caused a big downgrade in Q1 growth expectations for the US but Goldman Sachs took a deeper look at the data and noted that the picture isn't so bad.Most analysts assumed that it was...