WSJ article suggests the White House is mulling cutting tariffs on China. The move would cut China tariffs by more than 50% in certain cases.…
On Wednesday, United States (US) Treasury Secretary Scott Bessent crossed the wires to discuss the trade war between China and his country. He commented that…
EUR/GBP trades near the 0.8600 zone, easing slightly after the European session. Despite today’s dip, the broader structure remains bullish with supportive moving averages. Support…
Markets are trading with a sense of relief this morning. Late yesterday, President Trump said he had no intention of firing Fed Chair Powell and…
S&P 500 is set to open higher, but will it break key resistance levels? The S&P 500 closed 2.51% higher on Tuesday, retracing Monday’s sell-off…
The Euro (EUR) is soft and entering Wednesday’s NA session with a modest decline against the US Dollar (USD), having recovered from a short-lived bout…
Tariff revenue won’t compensate for the fiscal costs of TCJA extensions. Added tariff revenues will be below 1% of GDP – most likely 0.5-0.9% of…
GBP/USD pressured by upbeat US PMIs and growing confidence in the Greenback amid trade de-escalation signals. Trump eases market jitters by confirming no intention to…
The Pound Sterling (GBP) weakens and enters Wednesday’s American session with a modest decline, trading in tandem with the Euro (EUR), around the Trump trade/Fed…
The Canadian Dollar (CAD) is little changed on the day as spot continues to consolidate. Overnight developments have had no real impact on CAD sentiment…