Burke

Asian markets are revving up, ready to catch the tailwind from Wall Street’s melt-up. Futures are flashing green across Japan and Hong Kong after the S&P 500 ripped 2% higher in a squeeze that felt equal parts earnings fuel and macro repricing. Alphabet’s earnings blew the doors off, the Fed is

“China is willing to work with other countries to uphold international trade rules,” the country’s President Xi Jinping said on Thursday. He further noted that “there are no winners in tariffs and trade wars.” Related news Gold Price Forecast: XAU/USD looks to $3,400 and beyond on renewed trade jitt

Partner Center With European traders still out for the holiday and no major data on deck, markets zeroed in on global trade tensions and chatter that Trump might oust Fed Chair Powell. How did the major assets react to these concerns? Here are the updates from the latest trading sessions! Headlines:

Partner Center The U.K.’s Consumer Prices Index (CPI) inflation rate dropped to 2.6% in March, down from 2.8% in February, according to data released by the Office for National Statistics (ONS) today. This marks the lowest inflation reading since December and comes in below economists’ expectations

The Swiss franc benefited significantly from its safe-haven status after the announcement of the reciprocal US tariffs. However, the rapid appreciation is likely to be a thorn in the side of the SNB. As long as the appreciation does not continue at this pace, markets do not expect significant interv

Bonds are no longer a safe haven in the current market sell off. Longer dated bonds are lower across the board today, however, the moves have been most pronounced in the UK. 10-year Gilt yields have surged by 16bps and are selling off at a faster pace than 10-year US Treasury yields, in 30-year Gilt

The Unemployment Rate in Canada rose to 6.7% in March as expected.USD/CAD clings to strong daily gains near 1.4200 after the data. The Unemployment Rate in Canada edged higher to 6.7% in March from 6.6% in February, Statistics Canada reported on Friday. This reading came in line with the market expe

Outsized rally seems excessive; instead of continuing to rise, Euro (EUR) is more likely to pause and trade in a 1.0950/1.1150 range vs US Dollar (USD). In the longer run, upside risk is intact; it remains to be seen if EUR can break the significant weekly resistance zone of 1.1215/1.1230, UOB Group

The tariff talk remains on the headlines as the Liberation Day approaches. Risk appetite is nowhere to be found, the US dollar is weak, gold continues to extend gains into uncharted territories and oil bulls remain unreactive to the news that Trump is pissed off with Putin for unveiling plans for th

Gold prices (XAU/USD) remain stable as investors navigate economic and geopolitical concerns. Market participants are closely monitoring developments that could drive further price appreciation. A global shift toward safe-haven assets supports the yellow metal’s bullish tone. Impact of trade war and

The Japanese Yen attracts fresh buyers on Thursday amid rising trade tensions. Bets that the BoJ will continue raising rates lend additional support to the JPY. A modest USD pullback from a multi-week high also exerted pressure on USD/JPY. The Japanese Yen (JPY) ticks higher against its American cou