U.S. stock index futures surged on Tuesday, rebounding from the previous session’s volatility as uncertainty surrounding President Donald Trump’s tariff agenda continued to grip markets. As of 05:50 ET (09:50 GMT), Dow Jones Futures rose 735 points (1.9%), S&P 500 Futures gained 75 points (1.5%), and Nasdaq 100 Futures advanced 205 points (1.2%). Wall Street […]
Dollar Dragged Down by Recession Fears; Pound Sterling Punished by Weak Projections
The U.S. dollar traded steadily on Tuesday but remained near recent lows as fears of a potential U.S. recession, fueled by escalating trade tensions, continued to weigh on market sentiment. Meanwhile, the British pound slumped amid growing concerns over the U.K.’s economic outlook. Dollar Remains Under Pressure At 03:55 ET (07:55 GMT), the U.S. Dollar […]
Outlook for the Week of April 7–11
The week of April 7–11 brings key market events, with U.S. consumer spending data and the PCE inflation index in focus amid speculation over Federal Reserve rate cuts. In the UK, CPI figures and the spring budget statement could impact the pound, while the euro’s momentum hinges on PMI releases. Asia’s spotlight is on inflation […]
U.S. Requires Federal Agencies to Disclose Bitcoin and Cryptocurrency Holdings
U.S. federal agencies have until next Monday to report their holdings of Bitcoin and other digital assets to Treasury Secretary Scott Bessent, a White House official confirmed to journalist Eleanor Terrett. This measure is part of the executive order signed by President Donald Trump on March 6, which establishes the Strategic Reserve of Bitcoin and […]
Today’s Stocks to Watch: Tesla, Nvidia, and Apple
Key Points To Watch Out For: Tesla (TSLA): Aggressive Target Price Cut Puts Pressure on the Stock Tesla shares fell 4% in premarket trading, after dropping 10% on Friday. Wedbush Securities cut its 12-month target price from $550 to $315, citing growing risks to demand amid a worsening economic environment. Wells Fargo (WFC) and JPMorgan […]
U.S. Stock Futures Plummet Further, Wall Street Fear Gauge Accelerates
U.S. stock index futures tumbled on Monday, deepening the ongoing market selloff, after President Donald Trump reaffirmed his commitment to sweeping trade tariffs. The move has intensified recession concerns and heightened investor anxiety. As of 07:20 ET (11:20 GMT), Dow Jones Futures had dropped 675 points (1.8%), S&P 500 Futures declined 93 points (1.8%), and Nasdaq 100 Futures fell 380 points (2.2%). Investors fear […]
Dollar Falls Due to Recession Fears, Euro and Yen on the Rise
The U.S. dollar weakened on Monday as recession concerns deepened and trade tensions escalated under the Trump administration’s tariff policies. At 05:30 ET (09:30 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, slipped 0.2% to 102.600. This decline follows last week’s drop to a six-month low before staging […]
Daily Technical Analysis EUR/USD: Holds Above 1.0900 Amid Trade Tensions
Despite USD weakness, traders remain cautious about aggressively buying the euro due to rising trade tensions between the U.S. and the European Union (EU). The EU faces 25% tariffs on steel, aluminum, and cars, with reciprocal duties of 20% on most other goods. In response, the European Commission is set to announce a list of […]
Inflation Explained: Causes, Effects, and Economic Impact
Inflation is a key aspect of the economy and plays a vital role in financial analysis. To understand its impact, it is vitally important to be familiar with its different manifestations, such as deflation and hyperinflation. Central banks have the difficult task of maintaining a balance between economic growth and price stability. The vast majority […]
Dollar Stabilizes Ahead of Key Tariff News; Euro Drops
The U.S. dollar remained range-bound on Wednesday as traders awaited clarity on the Trump administration’s latest tariff measures, set to be announced later in the session. As of 03:10 ET (08:10 GMT), the Dollar Index edged slightly lower to 103.900, following a 3% decline in March—its worst monthly performance since November 2022. Market Focus: “Liberation […]