Risk Appetite Eases; Markets Await Clarity from US-Japan Negotiations
Global markets are trading with a mildly risk-off tone today, with losses spanning from Asia through to Europe, and US futures following suit. Technology stocks are under pressure, led by AI-chip giant Nvidia, which warned of significant charges stemming from new US restrictions on semiconductor exports to China. The...
Strong China Data Fails to Buoy Risk Sentiment; BoC Stuck Between Cutting and Holding
Risk sentiment turned a bit subdued in Asia today. Markets are broadly soft, continuing to digest the sharp tariff-driven selloff seen earlier this month. Even China's stronger-than-expected Q1 data, including a 5.4% GDP growth print and robust industrial and retail figures, failed to provide much lift. Market participants appear...
Euro Softens on ZEW Shock, Loonie Dips on CPI, Kiwi Leads
Euro is trading on the softer side in relatively quiet markets today, weighed down by a fresh round of weak economic data. The sharp plunge in German and Eurozone ZEW economic sentiment, triggered largely by mounting uncertainty over US trade policy, has deepened concerns about the region’s growth outlook....
Aussie Rises on Risk Rebound; RBA Keeps May Decision Open-Ended
Commodity currencies, including Australian, New Zealand, and Canadian Dollars, are trading broadly higher in today’s Asian session, buoyed by continued recovery in global stock markets. Sterling is also advancing alongside, supported by improving risk sentiment. Meanwhile, traditional safe havens like the Swiss Franc, Japanese Yen, are on the back,...
Global Markets Rebound in Quiet Trade, Aussie Awaits RBA Insight
The global financial markets are enjoying a modest recovery today, with gains seen across Asia and Europe. US futures also point to a higher open, suggesting the bounce from last week’s dramatic selloff are having further legs. News flow is relatively light, with no major economic data releases, and...
Markets Catch Breath After Tariff Chaos; Focus Turns to BoC, ECB and Economic Data
Financial markets opened the week on a relatively steady footing in Asia, offering investors a brief respite after last week's extreme volatility driven by US tariff chaos. Major stock indexes are trading higher, though gains appear more a product of technical consolidation than renewed optimism.
In currency markets, most major...
A Whirlwind Week Leaves US Assets Reeling Amid Tariff Turmoil
It has been a brutally volatile week across global markets, driven by a whirlwind of US tariff implementations, abrupt reversals, and rapid retaliatons. Investors were left scrambling to make sense of the White House’s constantly shifting trade stance. We won’t attempt to recap every step of the tariff saga,...
Dollar Selloff Extends Into Week’s End, Trade Talks With EU and JP Offset China Escalations
Financial markets showed signs of stabilization since European session, despite another round of retaliatory tariff hikes from China. While the latest move saw China raise levies on US goods to 125% from 84%, the response was widely anticipated and thus well absorbed by investors. Both President Donald Trump and...
Safe Havens Surge, Treasury Rout Deepens, US Assets Hit by Relentless Selloff
The brief moment of optimism following the US tariff truce has quickly faded, as financial markets buckle again under renewed pressure. US stocks closed sharply lower overnight, wiping out a large portion of Wednesday’s historic rebound. The risk-off tone spilled into Asia, though unevenly—Japan saw steep losses, Singapore posted...
Dollar Falls as Disinflation Accelerates, EU Holds Fire on Tariff Retaliation
Dollar faced renewed selling pressure in early US session, as markets digested softer-than-expected inflation data. The latest CPI report confirmed that disinflation is regaining traction, with both headline and core inflation easing more than expected in March. This strengthens the case for Fed to resume its rate cut cycle...
Markets Soar on Tariff Truce, Reentry Signal or Perfect Exit Opportunity?
US stocks staged a powerful relief rally overnight, snapping back from the recent tariff-induced collapse. All three major indexes posted gains not seen in years, marking a dramatic reversal in sentiment. Yet, despite the scale of the rebound, it remains unclear whether this marks the beginning of genuine investor...
From Trade War to Bond Shock: Global Markets Face Multi-Front Crisis
The relentless selling pressure in global markets shows no sign of abating, with European stocks and US futures once again under fire today. China’s latest retaliatory move to hike tariffs on US goods from 34% to 84% has reignited investor fears, just as the US implemented its own increase...
Reciprocal Tariffs Take Effect; China Hit with 104% Rate
The rebound in US stock markets proved short-lived, with major indexes slipping back into the red by the end of Tuesday's session. NASDAQ led the losses, as sentiment turned increasingly fragile. Asian markets followed suit, opening lower with large intraday volatility across the region. Concerns about a global recession...
Markets Catch a Breath, But US-China Showdown Keep Rebound on Thin Ice
Global markets are having a precious moment of calm, with risk sentiment stabilizing across Asia and Europe, and US futures pointing to a higher open. The recent wave of aggressive selling appears to have peaked—at least temporarily—offering traders a breather from the huge volatility experienced since last week. However,...
Markets Stabilize as Tariff War Enters Complex Negotiation Battles
Global market sentiment is showing tentative signs of stabilization. The tone improved slightly as US Treasury Secretary Scott Bessent signaled that for countries choosing not to retaliate, the US has already reached a "maximum tariff level," which could gradually be rolled back. However, this was far from a green...
Stocks Extend Slump; EU Eyes Talks, US Signals Tough Stance
The global stock market rout continues to deepen today, with no clear signs of easing. Investor focus remains firmly on how the world is responding to the U.S.’s sweeping reciprocal tariffs. While equity markets crumble under the weight of growing uncertainty, developments out of Europe hint at a more...
Markets Crumble as Trump Doubles Down on Tariffs, Trade Storm Intensifies
The global stock market crash showed no sign of slowing today. Hong Kong’s Hang Seng Index returned from a holiday break and promptly plunged over -10% to catch up with last week’s global carnage. Meanwhile, Japan’s Nikkei suffered another dramatic drop of more than -2200 points, or -6.6%.
Risk aversion...
Market Turmoil Unleashed as Global Tariff Battlelines Drawn
The global financial markets were shaken last week as US President Donald Trump’s long-anticipated reciprocal tariff plan arrived with a bang. The magnitude of the tariff rates, the number of countries impacted, and the sheer complexity of implementation shocked investors. What could have been a temporary setback quickly spiraled...
China Retaliates, Risk Sentiment Collapses as Market Turmoil Deepens
Risk aversion deepened across global markets today as China unveiled a forceful response to the sweeping US tariffs announced earlier this week. Beijing will impose an additional 34% tariff on all US goods starting April 10, in a move that effectively escalates the trade war into a full-scale economic...
Global Market Rout Deepens Ahead of US Jobs Data
There’s no relief in sight for the markets as risk aversion extends into Friday’s Asian session. Japan’s Nikkei is leading the losses once again, falling over -3% and cementing a near 10% weekly drop — the worst performance since early 2020. Singapore’s Strait Times Index has finally caught up...