Market optimism over Trump’s auto tariff relief faded quickly as China, the EU, UK, and Japan criticized US trade policies and pushed for broader deals.
Early Monday sees traders stepping back as fears over US-China trade talks and Ukraine ceasefire negotiations resurface.
After easing fears around Fed independence and China tariffs, Trump’s renewed trade threats have shaken market confidence.
US President Trump’s change of stance on firing Fed Chair Powell and his more positive tone on trade talks with China sparked market optimism late Tuesday.
Despite some markets being closed for Easter Monday, traders continued to sell the US Dollar and favor safer assets like Gold, Japanese Yen (JPY), and Swiss Franc (CHF).
Despite the Easter holiday, USD continues to weaken as concerns grow over the US economy amid tough trade and political policies.
Easter holidays slow trading as market liquidity remains thin, despite positive trade headlines from China and Japan easing risk aversion.
Despite mixed news on US trade talks and tensions with China, market sentiment improved early Thursday, boosted by progress in US-Japan trade talks.
Markets remain under pressure midweek as traders turn cautious ahead of the week’s key economic events and growing geopolitical tensions.
Market sentiment stays cautiously upbeat as hopes of a Trump tariff retreat compete with doubts about its benefits for US manufacturing.
Market sentiment remains slightly positive early Monday as investors digest mixed signals on the US-China trade front.
Thursday proved to be a pivotal day for markets despite President Trump’s 90-day reprieve for non-retaliatory nations.
Global markets got a boost after President Trump announced a 90-day pause on US tariffs for non-retaliatory countries, lifting sentiment and sparking a surge in risk assets.
