Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic order that prevailed for the past 80 years was not collapsing just yet despite Donald Trump's inward-looking approach.
Sat, 26 Apr 2025 06:04:43 -0400
Hard economic data broadly remain resilient and continue to hold the line, even as sentiment and survey data show trade-policy-induced uncertainty is a foremost concern. Regional purchasing manager indexes and the Beige Book were weighed down by the uncertain outlook, while durable goods orders came in stronger than expected.
Fri, 25 Apr 2025 22:45:06 -0400
With Canadians heading to the polls on Monday, we're watching February's gross domestic product report on Wednesday, including an early estimate for March, for clues on what type of economy the next government inherits as tariff headwinds continue to build.
Fri, 25 Apr 2025 22:04:25 -0400
There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while the asset class most expected to outperform in 2025 is cash, according to the results of a JPMorgan survey published on Friday.
Fri, 25 Apr 2025 17:00:31 -0400
The markets were not all that giddy about the Time Magazine interview with Pres Trump. The article addressed several key international and economic issues.
Fri, 25 Apr 2025 16:59:33 -0400
Despite continued pressure, natural gas holds above AVWAP support and may reverse if it breaks above today's high and reclaims the 200-day average.
Fri, 25 Apr 2025 16:32:21 -0400
China's central bank governor on Friday criticized the U.S. for threatening global financial stability with its "recent abuse" of tariffs, in the wake of recent moves seen by both sides as efforts to de-escalate their trade war.
Fri, 25 Apr 2025 15:23:46 -0400
Crude oil futures settled $63.02. That's up $0.23 or 0.37%.
Fri, 25 Apr 2025 14:57:00 -0400
The US Dollar (USD) strengthens modestly on Friday as investors digest contradictory messaging from the United States and China regarding potential tariff negotiations. While President Donald Trump suggested dialogue is ongoing, Beijing explicitly denied any current talks.
Fri, 25 Apr 2025 14:53:07 -0400
Colombia's central bank should leave its benchmark interest rate unchanged in its meeting next week, a Reuters poll predicted on Friday, as inflation is expected to remain above target amid global trade uncertainty and weak public finances.
Fri, 25 Apr 2025 14:43:58 -0400
China exempted some U.S. imports from tariffs, which was bullish for oil.
Fri, 25 Apr 2025 14:43:15 -0400
A rise in global trade tensions and growing uncertainty surrounding US economic policies under President Donald Trump have spurred investors to seek safe-haven investments. Investors have turned to the Swiss franc for safety, given Switzerland's economic stability and moat against geopolitical risk.
Fri, 25 Apr 2025 14:08:26 -0400
EU Commissioner Dombrovski is on the wires saying: Had cordial and candid meeting with United States Treasury Secretary Scott Bessent Reiterates that the EU is going to reach a mutually agreeable solution with US on tariffs. He also emphasized the need for continued support for Ukraine This article was written by Greg Michalowski at www.forexlive.com.
Fri, 25 Apr 2025 14:03:35 -0400
Pres. Trump says: Will Not drop China tariffs unless they give us something Opening up China would be a big win This article was written by Greg Michalowski at www.forexlive.com.
Fri, 25 Apr 2025 13:40:27 -0400
Japan may have averted U.S. pressure for a stronger yen in bilateral finance talks on Thursday, but a closer look at officials' descriptions of the meeting suggests currencies and the Bank of Japan's interest rate policy may remain key factors in broader trade negotiations.
Fri, 25 Apr 2025 13:25:56 -0400
Fed watcher, Nick Timiraos of the WSJ is tweeting that comments from Fed's Hammack on Thursday are not really saying a June rate cut is forthcoming.
Fri, 25 Apr 2025 13:14:42 -0400
United States Baker Hughes US Oil Rig Count rose from previous 481 to 483
Fri, 25 Apr 2025 13:02:19 -0400
Oil rigs +2 to 483 Nat. Gas +1 to 99 Total rigs +2 to 587.
Fri, 25 Apr 2025 13:01:03 -0400
Bank of England policymaker Megan Greene said U.S. President Donald Trump's tariffs would probably lead to lower rather than higher inflation in Britain but big uncertainties remained about the plan and the impact of a recent UK tax hike for employers.
Fri, 25 Apr 2025 11:54:07 -0400
The major European indices are closing higher on the day and for the week: German DAX, +0.78%. For the week, the index soared 4.86% its best week since January 2023 France's CAC +0.48%.
Fri, 25 Apr 2025 11:36:23 -0400