Pippo

Understand the escalating conflict between Donald Trump and Fed Chair Jerome Powell. Learn how threats to Federal Reserve independence impact the U.S. dollar.

With European traders still out for the holiday and no major data on deck, markets zeroed in on global trade tensions and speculations that Trump might oust Fed Chair Powell.

Are the eurozone’s top economies starting to feel the toll of the global trade war? The upcoming flash PMI readings from Germany and France could provide more insights on how businesses are reacting to higher U.S. tariffs.

China’s warning for its trade partners & Trump’s Powell criticism drove the dollar & risk sentiment lower on Monday.

Markets swung hard last week as traders reacted to fresh trade tension, central bank moves, and mixed data surprises.

Markets reeled from U.S.-China tariff news this week. Gold surged while the dollar fell. Bonds gained amid growth fears while equities whipsawed lower!

The major assets traded mixed following new global trade headlines, ECB’s rate cut, mid-tier data releases, and potential profit-taking ahead of the Easter holidays.

BOC held its policy rate at 2.75% in April, its first pause after seven consecutive rate cuts since June 2024.

Risk sentiment took hits as U.S.-China trade headlines dominated. Gold hit record highs while tech stocks took a beating after the U.S. announced new export bans and tariff threats.

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.