Daily Broad Market Recap – May 1, 2025
The Labor Day market holiday for Chinese and European markets led to a calm start for most risk assets, before volatility once again picked up on top-tier U.S. data and earnings reports.
Read MoreThe Labor Day market holiday for Chinese and European markets led to a calm start for most risk assets, before volatility once again picked up on top-tier U.S. data and earnings reports.
Read MoreThe U.S. dollar rose after a monthly “factory health” check came in stronger than expected and eased investor worries about higher taxes on imports.
Read MoreThe Bank of Japan (BoJ) kept its benchmark interest rate unchanged at 0.5% today, triggering a significant weakening of the JPY across major currency pairs.
Read MoreMarket participants had plenty to deal with on Tuesday, as US equity indices took cues from big tech earnings data, crude oil caved to another round of bearish updates, and top-tier U.S. inflation and growth data were printed.
Read MoreAustralian inflation remained unchanged annually but came in stronger than expected on a quarterly basis, reinforcing market expectations for a more gradual RBA easing approach.
Read MoreMarket correlations were out of sync on Tuesday, as crude oil carried on with its steady decline while U.S. stock markets closed in the green. Which headlines drove price action in the latest trading sessions?
Read MoreAre BOJ policymakers shifting to a less hawkish stance given global trade uncertainties? Here are the key points to know when trading this top-tier catalyst.
Read MoreA legal fight over Trump’s tariffs is heating up. Learn how the outcome could send the U.S. dollar (and gold) sharply in either direction.
Read MoreThis week was off to a relatively quiet start in terms of economic data and global headlines, yet the U.S. dollar still staged a broad selloff later in the day. Here are the latest headlines driving price action.
Read MoreWe’ve got another week packed with major market movers, including the Bank of Japan policy decision, Canadian GDP figures, and US employment data.
Read MoreCurrencies pivoted on US-China trade shifts, with safe-havens retreating after Bessent’s “de-escalation” comments sparked risk-on vibes.
Read MoreTraders cautiously took risks thanks to optimistic trade deal speculations, positive corporate earnings reports, and a bit of bargain hunting.
Read MoreTraders were on edge on Wednesday as they tried to make sense of mixed signals from Washington and a fresh round of economic reports.
Read MoreU.S. flash PMI data for April showed mixed results, as the manufacturing industry stayed in expansion while services reported weaker growth.
Read MoreThe upcoming April flash PMI readings for the manufacturing and services sector could provide early insights on how demand, prices, and employment levels are starting to change.
Read MoreRisk assets rebounded on Tuesday, thanks to a mix of bargain hunting and easing global trade and Fed independence concerns.
Read MoreUnderstand the escalating conflict between Donald Trump and Fed Chair Jerome Powell. Learn how threats to Federal Reserve independence impact the U.S. dollar.
Read MoreWith 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.
Read MoreAre 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.
Read MoreChina’s warning for its trade partners & Trump’s Powell criticism drove the dollar & risk sentiment lower on Monday.
Read MoreYou have brains in your head. Your feet in your shoes. You can steer yourself in any direction you choose.Dr. Seuss