By Keeping Threat of Even Higher Tariff Rates Alive, We Enter a Prolonged Period of Uncertainty
Markets The US government published the groundwork of its new trade policy. The baseline is […]
Tariffs Hit
I won’t make this long or complicated. Trump’s tariff announcement was worse than expected. The […]
Stronger and Broader US Tariffs Than Expected
In focus today In the US, the ISM March Services Index is due for release […]
China’s Caixin PMI services rises to 51.9, but deflation and jobs remain concerns
China’s Caixin Services PMI ticked up to 51.9 in March from 51.4, while Composite PMI […]
Japan’s PMI composite finalized at 48.9, back in contraction
Japan’s services sector lost momentum in March, with the final PMI Services reading falling to […]
GBP/USD Bulls in Action—Can They Extend The Rally?
Key Highlights GBP/USD started a consolidation phase below the 1.3000 resistance. A key declining channel […]
U.S. Reciprocal Tariffs Spare Canada/Mexico for Now But Trade Risks Remain
The long-awaited U.S. reciprocal tariffs announced have been large and broad-based, but critically exempt Canada […]
U.S. Liberation Day Binds The World To High Tariffs
The U.S. administration announced broad reciprocal tariffs today, targeting all trading partners, and not just […]
‘Liberation Day’ Tariffs: Potential Impact on Dow Jones (DJIA), S&P 500
The Trump administration’s tariff plans are here, what will the implications be for the S&P […]
CAD/JPY Outlook: Deterioration in US Growth and Tariff Risk May Spark Another Round of Yen Strength
An increasing probability of stagflation risk in the US may see further narrowing of the […]
Swiss CPI unchanged at 0.3% yoy in Mar, misses expectations
Swiss consumer inflation remained subdued in March, with headline CPI unchanged on the month, below […]