Topic: Daily Market Updates
-
Aussie reverses from 2025 highs ahead of CPI data
Aussie turns sharply from recent key levels. China reaffirms no trade talks are underway with the US. ECB De Guindos sees modest growth in Q1 as EUR gains.
-
Greenback lower as corporate earnings to test tariff impact
USD lower ahead of corporate earnings deluge. ECB’s Kazaks warns against rate cuts. US made no reference to FX levels, USD/JPY to rise?
-
Aussie eases from four-month highs ahead of inflation, election
Aussie lower as elections loom. China-US trade talks and China-EU partnerships. All eyes on inflation and growth data this week.
-
Dollar retreats as Fed may cut rates sooner fuel hopes
Trump confirms China meeting, risk sentiment improves. Fed Waller said the impact of tariffs is likely to occur in July. ECB Rehn says banks should continue cutting, EUR recovers.
-
Bessent eyes long-haul approach, Dollar index hovers below 100
Trump administration eyes long-haul approach on China trade. WSJ says White House looking at slashing China tariffs. ECB/Bundesbank’s Nagel worries about recession and stagflation
-
Dollar index bounce back on trade deal optimism
Trade negotiations talk boosts risk sentiment but gains may be premature. Fed Barkin: Causes for concern re consumer spending. Lagarde of the ECB sounds dovish