Weekly Report
From Optimism to Unrest, Summer Rally Cracks
Markets entered last week riding a wave of optimism, but exited rattled. Wall Street could have marked the end of its summer rally, with Friday’s sharp selloff capping a week of crosswinds, from upbeat GDP numbers and trade deals to dismal job data and institutional upheaval. Dollar, too, saw...
Risk Appetite Builds After US-Japan Deal, DAX and Euro Awaits Transatlantic Breakthrough
Investor sentiment turned decisively upbeat last week, with global equities rallying on the back of a landmark trade agreement between the US and Japan. The deal was welcomed by markets as a major breakthrough just days ahead of the August 1 tariff deadline.
Japan’s Nikkei surged past 42k mark, with...
Dollar Stays Top as Resilient Data Overshadows Tariff and Political Risks
Markets showed surprising composure last week as equities climbed and Dollar dominate FX rankings. NASDAQ’s relentless ascent and a fresh record for the S&P 500 highlighted investor confidence despite growing political noise and tariff tensions.
Elsewhere in FX, Euro and Sterling held firm, along with Loonie but were largely lifted...
Investors Brush Off Tariffs, Dollar Rebounds Near Long-Term Channel Support
Global markets brushed aside the latest escalation in the US-led trade war last week, with equities rallying to fresh record highs and risk appetite proving remarkably resilient. Overall, the muted investor response suggested markets were pricing in the tariff headlines as more bark than bite, at least for now.
Aussie...
Wall Street Surges, Trump Tariff Blitz Looms, Dollar Struggles
Last week’s market action displayed a familiar theme: investors are choosing to focus on growth — even if it’s fragile — and political clarity, however fleeting. US equities roared to record highs as a wave of macro and policy news washed over Wall Street.
Yet the outlook is far from...
Dollar Index Hits Multi-Year Low and Broke Long Term Fibonacci Level
Dollar ended last week as the weakest major currency, with Dollar Index breaking to a fresh three-year low. Risk-on sentiment was a key driver: US equities surged following the Israel-Iran ceasefire, and S&P 500 and NASDAQ both posted record closes on Friday. Rising expectations of rate cuts from Fed...
Dollar Leads, But Euro’s Structural Story Gains Momentum
Markets were adrift last week as traders grappled with intensifying global risks. The unresolved twin threats of a full-blown trade war and escalating Middle East conflict kept investors on the defensive. Despite some tentative diplomatic efforts, neither front showed meaningful progress, leaving equities vulnerable after months of sustained gains....
Markets Enter High-Risk Phase as Geopolitical and Trade Risks Collide
Global Financial markets have endured months of turmoil, with overlapping concerns over the US debt downgrade, recession fears, and an intensifying global trade war. The sharp escalation in Middle East conflict last week has only deepened the anxiety, as Israel and Iran exchanged strikes, raising the specter of prolonged...
Job Data and US-China Rapprochement Fuel Dollar Rebound Prospects
Risk sentiment improved last week, driven by the solid US non-farm payroll report that helped ease fears of a deepening slowdown. Adding to the optimism was a thaw in US-China relations. While no concrete breakthrough emerged, the fact that both sides were willing to engage again offered some relief...
Trade Chaos Likely to Linger, June to Bring More Uncertainty
Markets endured another week of trade confusion, with sentiment swinging sharply on alternating headlines. As a result, investor confidence remains fragile, with markets finding little footing as the tug-of-war between hopes of progress and fear of escalation continues.
While the 90-day reciprocal tariff truce is now in effect, its second...
Tariff Truce Wobbles at Halfway Mark; Risk Sentiment Falters on Renewed Threats
Trade war roared back into focus late last week, derailing fragile market sentiment already strained by concerns over the ballooning US deficit. The catalyst came in the form of a sharp threat from US President Donald Trump on European Union imports. This abrupt escalation shattered hopes that the 90-day...
Moody’s Downgrade Disrupts Calm from Tariff Truce, Dollar Faces New Test
Just as markets were finding their footing following a series of positive trade developments, Moody’s delivered a late-week shock by downgrading the US sovereign credit rating from Aaa to Aa1. The move overshadowed the optimism sparked by the US-China tariff truce and the broader de-escalation of trade tensions.
The trade...
Sterling and Dollar Lead as Trade Deal Grabs Attention
Last week was dominated by developments out of the US and UK, not just because of monetary policy decisions, but also the unexpected announcement of a US-UK trade deal. Fed's hold and BoE's cut were were largely overshadowed by the surprise trade breakthrough.
Importantly, the structure of the agreement offered...
Risk-On Sentiment Regains Control as Data Downplays Severity of Tariff Shock
Global risk sentiment continued to improve last week, with major equity indices staging robust rallies as investor anxiety over the fallout from tariffs eased. The solid US non-farm payroll data was a key turning point, reassuring markets that the early economic impact of the trade shock was not as...
Global Risk Sentiment Brightens, But Caution Lingers Around US Assets
Global risk sentiment showed further improvement last week, with stock markets around the world posting impressive gains. Although headlines continued to focus on the confusing state of U.S.-China trade tensions, there was quiet but notable progress on multiple trade fronts, including US talks with Japan, South Korea and India.
US...
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,...
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...
Markets Rush to Safe Haven as Tariff Clock Ticks Down
While US investors managed to stay relatively composed through most of last week, the calm cracked heading into the weekend. Stocks saw extended selloffs, Treasury yields dropped, and Gold surged to yet another record high — all classic signs of a decisive flight to safety. With risk appetite now...
Global Trends Hit Pause, Consolidations to Follow Until Trump’s Liberation Day
The dominant trends that shaped Q1 in global markets appear to have run their course, with most major assets entering consolidation phase last week.
US stocks staged a mild recovery from steep selloff since mid-February, but upside momentum was notably weak. Meanwhile, Dollar, which had been under pressure throughout March,...
Currency Markets Consolidate as Trader Start Repositioning for Tariff Battles in April
The past week in the currency markets was marked more by consolidation than decisive moves, even as risk aversion deepened in US stock markets. Dollar’s selloff slowed and turned into a modest recovery, but there was no clear momentum for bullish trend reversal. Sentiment remained fragile, weighed down by...