The EU plans to increase defence spending, but Macron warns Trump’s tariffs could hinder these efforts.
Goolsbee stresses clarity before rate cuts; Fed considers policy impact. US Dollar Index rises slightly.
Bank of America warns of rising stagflation risks due to policies like deportations, job cuts, and tariffs.
Trump confirmed tariffs on Canada and Mexico, impacting trade. USD/CAD fell 0.01%, trading at 1.4270.
Australian consumer confidence rises to 89.8, highest since May 2022, driven by interest rate cuts and jobs.
AUD/JPY recovers but stays below the 20-day SMA, with weak momentum and resistance near 96.00.
Ethereum drops below $2600 amid worsening market conditions and trade concerns following Trump’s tariff announcement.
AUD/USD struggles near 0.6400 amid resistance, Australian inflation data, RBA policy, and US tariff impact.
UBS predicts S&P 500 reaching 6,600, citing a strong economy, earnings growth, and AI advancements despite volatility.
Dow rises 300 points, recovering losses; consumer sentiment, inflation data, and earnings reports shape market expectations.
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