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Tuesday, April 8, 2025

American Market Recap: The chart of Chinese tariffs is reminiscient of all political escalations

The chart of Chinese tariffs is reminiscient of all political escalations

Here is a chart from Greg Daco at Panthenon and I think it's telling: If you go back to the start of Trump's term, tariff rates were near zero on Chinese imports. He ratcheted those up to 20% in incre... 

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Trump still hasn't signed document for additional 50% tariffs on China - report

A short time ago, CNBC's Eamonn Javers reported -- citing the White House -- that Trump still hasn't signed an executive order that would put additional 50% tariffs on China at midnight, as he has thr... 

The Nasday is now down neary 7% from the intraday high

The gains in US stock markets early today were based on hopes of a delay in tariffs or at least a delay in the 50% extra China tariffs. Instead, it looks like they will go ahead. That's led to a 7% in... 

EURUSD stalls at 100 hour MA

EURUSD tests 100 hour MA The EURUSD moved up and tested the 100-hour MA at 1.0970. The sellers leaned on the first look. The price low today tested the 61.8% of the move up from the March 27 low AND t... 

There is a simple solution to the White House economic grievances

White House economic advisor Steve Miran delivered a notable speech yesterday that aimed to outline grievances around the dollar at the center of the global financial system and who pays for it. It wa... 

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Latest Forex Orders

FX option expiries for 8 April 10am New York cut

There aren't any major expiries to take note of, at least ones closer to the current spot levels. In any case, trading sentiment in times like these are much more reliant on the risk mood and more imp... 

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