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Trump’s reciprocal tariffs – more on timing

Trump’s reciprocal tariffs – more on timing

I popped up a quickie post earlier on comments from Trump saying he'd be signing off on reciprocal tariffs Wednesday or Thursday:He seemed confused, I guess he has a lot going on.White House press secretary Karoline Leavitt appeared to be on firmer ground, saying...

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Economic calendar in Asia – Fed’s Waller is speaking

Economic calendar in Asia – Fed’s Waller is speaking

I don't know what Waller will be speaking about. I know it won't be about a March rate cut. Or May, June, July ..... You get the idea:***Apart from Wally we also get the Reserve Bank of New Zealand (RBNZ) Survey of Expectations. This is published quarterly, conveying...

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US stock indices close mixed on the day

US stock indices close mixed on the day

The major US stock indices are closing mixed on the day. The NASDAQ index squeaked out a small gain but erased a -228 point decline. The Dow industrial average and S&P index recovered off low levels, but still closed lower on the session.The final numbers are...

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Credit Agricole: ‘Dark before the dawn’ for EUR/USD

Credit Agricole: ‘Dark before the dawn’ for EUR/USD

EUR/USD dailyCredit Agricole acknowledges the bearish sentiment surrounding EUR/USD due to Eurozone underperformance, political risks, and US-EU trade tensions. However, they maintain a neutral EUR/USD outlook in the next three to six months, expecting a recovery...

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