Markets:Gold up $15 to $3125WTI crude oil up 56-cents to $71.79US 10-year yields up 4.1 bps to 4.20%S&P 500 up 0.6%NZD leads, JPY lagsEyes were glued to the wires and elsewhere today in search for leaks around Trump's tariffs, which are coming up at the top of the...
The roadmap for some of the major currency pairs through the tariff news
EURUSD technicalsEURUSD moved higher during the U.S. session, pushing away from the 100- and 200-hour moving averages and briefly breaking above the swing area between 1.0848 and 1.0859. However, the upside momentum fizzled, and the pair has since fallen back within...
Senate budget committee increases deficit by up to $1.5 trillion for Trump tax cut
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,...
Barclays: We expect 30% tariffs on China, 10% on other countries in baseline scenario
Barclays expects today's tariff announcement to significantly raise US trade barriers, pushing the average tariff rate to 15%. The bank anticipates global growth to decelerate in 2025 as a result, with consumers likely boosting savings amid higher prices and economic...
Crude oil futures settle at $71.71
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...
It may take the market awhile to digest the tariffs
Jens Nordvig from Exante makes a good point today about the tariffs:Strategic events, such as a historical shift in trade policy, will not be digested that quickly. It could take weeks and months and even quarters, before we have their full effects embedded.Even if we...
Trump auto tariffs due to take effect at midnight
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,...
US tariffs will be in bands of 10%, 15% and 20% — report
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 administration official has confirmed that Amazon has put in a bid to buy TikTok
A member of the Pres. Trump administration has officially confirmed that Amazon as put in a bid to buy TikTok. Shares of Amazon are currently up $5.39 at $197.52. That is just off the high of $197.64. Amazon's 200 day moving average is within sites at $200.31. Last...
Elon leaving DOGE is “garbage”
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 are shifting. Yields are higher. Stocks are higher. USD is tilting to the upside
USDJPYThe Amazon/TikTok news is giving the US stocks a bit of a boost. The S&P is up 24.74 points or 0.44%. The NASDAQ index is up 130 points or 0.74%. Meanwhile, yields have reversed from being down about 4– 6 basis points to now up about 4– 5 basis points. A...
Amazon said to be making a bid to buy TikTok in the US
The New York Times is reporting that Amazon is said to be making a bid to buy TikTok in the US. TikTok has a Saturday deadline to change its ownership structure (which may have been extended. Trump wants control in the US and certainly does not want it...
European major indices close mostly lower but well off low levels
Major European indices are closing mostly lower, and well off low levels for the day. A snapshot of the closing levels shows: German DAX -164.90 points or -0.73% at 22375.09. At session lows, the index is down -400.72 pointsFrance's CAC -17.53 points or -0.22% at...
Why the Right Forex Platform Defines Trading Success in Australia’s Evolving Market
The forex market is a financial giant with more than $7.5 trillion in daily trading volumes. Though experienced traders navigate this complicated landscape with ease, new players in the market find themselves weighed down by intricacies of market action, liquidity...
Elon Musk is likely to leave DOGE soon – report
Data today showed that Tesla deliveries plunged late in Q1 as Elon Musk hitched himself to Donald Trump and his DOGE campaign. The richest man in the world had said he would stay at the White House for months but now there are indications that he's become a political...
B2BROKER Enhances B2CORE with DXtrade Integration in New Partnership with Devexperts
B2BROKER, a global fintech company offering advanced solutions for financial institutions, has partnered with Devexperts a global software developer for the capital markets industry. This collaboration integrates the DXtrade trading platform into the B2CORE ecosystem,...
The major US indices are trading higher
The major US indices are now trading higher. A snapshot of the market currently shows:Dow Jones Industrial Average: 42,104.87 ▲ 114.91 (+0.27%)S&P 500: 5,647.43 ▲ 14.36 (+0.25%)Nasdaq Composite: 17,499.63 ▲ 49.74 (+0.29%)The small-cap Russell 2000 is also higher...
EU is planning emergency measures in reaction to tariffs
Bloomberg is reporting:EU is reportedly planning emergency measures in reaction to tariffsWorking short-term support proposals, alongside plans to advance competitiveness and reforming key sectorsMeasures will be dependent on US announcementAlthough they are...
Mexican Pres.: It will not impose tit-for-tat tariffs
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,...
Tech sector steadies while consumer cyclical stocks show promise
Stock heatmap by FinViz.com Wed, 02 Apr 2025 14:46:08 GMTTech sector steadies while consumer cyclical stocks show promiseThe U.S. stock market today presents a stable landscape for tech stocks, while the consumer cyclical sector exhibits notable resilience. Meanwhile,...