The EUR/USD pair is trading in positive territory around 1.1285 on Wednesday, with the U.S. Dollar (USD) hovering near a three-year low against the Euro (EUR) as global trade tensions persist. Market participants are closely watching for the release of U.S. retail sales data and a speech by Federal Reserve (Fed) Chair Jerome Powell, both […]
Trump Considers Imposing Tariffs to Finance Bitcoin Reserves Without Affecting Taxpayers
Donald Trump’s administration is considering implementing tariffs or other alternative mechanisms to finance the purchase of Bitcoin without using public funds, according to Bo Hines, the former president’s chief crypto advisor. In a recent interview with Anthony Pompliano, an entrepreneur and influencer in the crypto ecosystem, Hines explained that Trump’s team is studying “creative and […]
Today’s Stocks to Watch: Boeing, Bank of America, and J&J
Key Points To Watch Out For: Boeing shares fell almost 3% in the premarket after China instructed its airlines to stop new orders for the company’s aircraft and to curb purchases of equipment from US suppliers, as reported by Bloomberg. Boeing (BA): China Suspends Deliveries and Presses for Action Boeing shares fell almost 3% in […]
U.S. Stock Futures Rise, Quarterly Earnings and Federal Reserve Announcements in Focus
U.S. stock index futures edged up on Tuesday, though overall market sentiment remained cautious as investors awaited a fresh batch of corporate earnings and clarity on President Donald Trump’s evolving trade tariff policies. As of 05:35 ET (09:35 GMT), Dow Jones Futures were up 72 points (0.2%), S&P 500 Futures rose 14 points (0.3%), and […]
Dollar Approaches Lows Amid Tariff Uncertainty, Euro Gains Strength Ahead of ECB Decision
The U.S. dollar wavered on Tuesday, lingering near a three-year low as investor confidence remains shaken by the Trump administration’s erratic trade policies. As of 04:45 ET (08:45 GMT), the U.S. Dollar Index — which measures the greenback against six major currencies — edged down to 99.395, holding close to the lows reached last week. […]
Outlook for the Week of April 14 – 18
The week of April 14–18 will be pivotal for markets, with the ECB expected to cut rates amid trade turmoil, while the Bank of Canada’s decision remains uncertain. Key data from the UK, China, Australia, and New Zealand will shape rate expectations, and U.S. retail sales may influence sentiment. For additional insights into market movements, […]
New York Considers Allowing Tax Payments in Bitcoin
New York could take an important step towards the adoption of cryptocurrencies in public services. A new legislative proposal seeks to authorize the use of digital assets such as Bitcoin, Ethereum and Litecoin for the payment of taxes and other government services. Although the state has not yet considered a law to support Bitcoin as […]
Today’s Stocks to Watch: Apple, Alibaba, and Airbus
Key Points To Watch Out For: Goldman Sachs (GS): Optimism Ahead of Results Drives Action Goldman Sachs shares climbed in premarket trading ahead of the release of its quarterly earnings. On Friday, JPMorgan, Wells Fargo, and Morgan Stanley posted higher-than-expected profits but warned of trade uncertainty. The market is watching carefully to see how Goldman […]
U.S. Stock Futures Rise on Electronics Tariff Reprieve, Earnings in Focus
U.S. stock index futures climbed on Monday, boosted by news that President Donald Trump’s steep reciprocal tariffs on Chinese imports would temporarily exclude electronics. Despite the exemption, Trump signaled that further tariffs on the sector could be on the horizon. As of 05:15 ET (09:15 GMT), Dow Jones Futures were up 385 points, or 1%, […]
Dollar Falls Due to Uncertainty Over Trade Policy; ECB Meeting Approaches
The U.S. dollar weakened on Monday, as ongoing uncertainty over the Trump administration’s trade policies continued to undermine investor confidence in the world’s reserve currency. As of 04:35 ET (08:35 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—fell 0.7% to 99.239, hovering near a three-year low. Dollar Drops […]