Thursday saw a turbulent market as disappointing US data and ongoing legal battles over Trump’s tariffs sparked volatility.
Market drama continues with fresh twists on Wednesday. A US federal court questioned former President Trump's authority to impose tariffs under the guise of a national emergency.
Markets remained uncertain early Wednesday following Wall Street's strong close and volatile trading in the Asia-Pacific region.
Early Tuesday, sentiment improved slightly on hopes tied to Trump’s EU tariff delay, strong China industrial output, Gaza ceasefire talks, and US-Iran diplomacy.
Markets opened Monday cautiously optimistic, despite holidays in the US and UK, after President Trump delayed the planned 50% tariffs on the EU to July 9.
Risk appetite remains subdued early Friday as Thursday’s upbeat US PMIs and jobless claims data overshadow concerns over rising US debt.
Market sentiment remains mixed early Thursday as traders await May PMI data from Europe, the UK, and the US.
Markets turned cautious as a mix of negative headlines surrounding trade, geopolitics and fiscal stances grabbed attention.
The risk environment remains uncertain, with mixed signals from the US trade deal, ongoing geopolitical tensions in the Middle East, and growing concerns over the US Dollar’s stability due to Trump’s policies.
Global markets remain uncertain and mostly negative as trade optimism fades, partly due to Trump's reduced media presence during his Middle East trip.
The latest US data was mostly unimpressive, except for a weak PPI report that fueled Fed rate cut expectations and pressured the US Dollar.
Markets remain cautious as traders await key data and events from the UK, Eurozone, and the US.
Markets remain quiet after a volatile start to the week, with lackluster data and few major updates.
