Market sentiment stays mostly negative on Thursday, driven by rising geopolitical tensions and doubts about the US-China trade deal.
The euro (EURUSD) and British pound (GBPUSD) remained under pressure, while the Japanese yen (USDJPY) edged higher.
Markets welcomed the first day of US-China trade talks in London, with positive signals coming from both sides.
Early Monday, cautious optimism is supported by hopes for progress in US-China trade talks, a slightly better-than-expected US jobs report, and holidays in Australia and parts of Europe.
Market sentiment improves as tensions ease between Trump and Elon Musk, Trump’s positive call with China’s Xi, and no major escalations from Iran or Russia.
Markets remain cautious early Thursday as a mix of trade tensions, geopolitical risks, and weak US data clouds sentiment.
Markets stayed cautiously optimistic on Tuesday, supported by upbeat US JOLTS Job Openings, positive sentiment among chipmakers, and no Russian retaliation to Ukraine drone strikes.
Risk appetite remains fragile as fears grow over the US-China trade deal, Trump's tariffs, and mixed geopolitical developments.
The new trading week opens with a cautious mood as global markets react to renewed trade tensions and geopolitical unrest.
Thursday saw a turbulent market as disappointing US data and ongoing legal battles over Trump’s tariffs sparked volatility.
Market drama continues with fresh twists on Wednesday. A US federal court questioned former President Trump's authority to impose tariffs under the guise of a national emergency.
Markets remained uncertain early Wednesday following Wall Street's strong close and volatile trading in the Asia-Pacific region.
Early Tuesday, sentiment improved slightly on hopes tied to Trump’s EU tariff delay, strong China industrial output, Gaza ceasefire talks, and US-Iran diplomacy.
