Pippo

Markets ignored the packed economic calendar as tariff headlines dominated everything, sparking one of the biggest risk-off weeks we’ve seen in a while!

Risk assets and the U.S. dollar stayed mostly in the red during the aftermath of Trump’s “Liberation Day” tariffs announcements, as trade war shots were fired by targeted economies, further clouding the global growth outlook.

The Canadian economy has been seeing green shoots these days, convincing its central bank to tone down its dovish bias. But will the upcoming jobs report change their stance? Or are we about to see more signs of strength?

Trump’s tariff bombshell and a red-hot ADP jobs report sent shockwaves through the markets, flipping risk sentiment and jolting major assets. From gold’s record surge to the dollar’s wild ride, here’s what moved and why it matters.

Who’s ready to trade the U.S. NFP report? Here’s a rundown of market expectations, what leading indicators are pointing to, and what potential results could mean for USD price action.

The major assets were all over the charts on Tuesday as the markets braced for Trump’s “Liberation Day” tariffs on April 2.

AUD slipped after the RBA’s statement leaned dovish, but bounced back as officials pushed back on rate cut expectations by warning inflation could still swing either way.

With the U.S. NFP release lined up for Friday, traders are paying extra close attention to jobs-related indicators due throughout the week. Here’s what to expect for the ISM manufacturing PMI report.

Gold spiked to record highs and Treasuries rallied as safe haven demand surged after Trump hinted at additional tariffs on all countries, rattling global risk sentiment.

With Australia recently reporting weaker inflation and jobs data, will the RBA feel the need to cut interest rates again?