PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England.   Matt Cardy | Getty Images News | Getty Images As the specter of Donald Trump’s reciprocal tariffs looms, several Asian economies that enjoy substantial trade surpluses
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Post-Earnings Setup for MCD McDonald’s (NYSE: MCD) reported earnings on February 10th before the market opened, and the options market had priced in a 3.7% expected move. However, the actual reaction was stronger, with the stock jumping approximately 4.8%. So far, MCD is holding onto its gains, signaling strength and making it an attractive buy
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Major currencies are little changed, with the dollar keeping steadier in general as Trump pushes forward with steel and aluminum tariffs. The 25% tariffs tears apart all existing deals and will go into effect on 4 March. But with a month to go, is there really going to be no exceptions? The market response has
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Trading in the forex markets has been relatively subdued today, with major currency pairs and crosses remaining within Friday’s range. There was some initial reactions to the latest news of US tariffs on metals, but the impact has faded quickly. Dollar is currently mildly stronger in tight range and Yen is on the softer side.
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U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025.  Elizabeth Frantz | Reuters The Trump administration is more focused on keeping Treasury yields low rather than on what the Federal Reserve does, Treasury Secretary Scott Bessent said. While in the past President Donald Trump has implored
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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Oil prices ticked higher on Monday even as investors weighed U.S. President Donald Trump’s latest tariff threat, this time on all steel and aluminium imports, which could dampen global economic growth and energy demand. Brent crude futures climbed 40 cents, or 0.5%, to $75.06 a barrel by 0133 GMT while U.S. West Texas Intermediate crude
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In this article DBSM-SG Follow your favorite stocksCREATE FREE ACCOUNT Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10, 2025. DBS shares jumped after the lender reported earnings that met expectations and unveiled a investor payout plan.  Bloomberg | Bloomberg | Getty Images After
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EUR/GBP is offered again this morning as the market is dominated once more by the tariff story, ING’s FX analyst Chris Turner notes.  GBP/USD to go to the lower end of the 1.2250-2500 trading range “Here, the market expects the EU to have more to lose than the UK on tariffs. We cannot rule out
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Trade Compass for Nasdaq Futures – February 10, 2025 Current Price: 21,690Bias: Short (Fade the Move)Short Activation Level: 21,708Bullish Activation Level: 21,780 Trade Plan Overview for Nasdaq Futures Today The Trade Compass today is, as usual, bullish above a key level and bearish below another. BUT… there is a condition for the bearish scenation whereby
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Gold (XAU/USD) daily chart The threat of a trade war, escalating geopolitical tensions, and just the right amount of uncertainty has been a good recipe for gold to surge higher since the turn of the year. In January, the challenge was about staying above the 100-day moving average (red line) but with Treasury yields falling
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