U.S.-China tariff truce helps set a floor for Chinese yuan, UBS says

The major assets were all over the charts on Tuesday as the markets braced for Trump’s “Liberation Day” tariffs on April 2. Gold and oil prices eased from their Monday highs while U.S. bond yields and the U.S. dollar fell as tariff uncertainty kicked in. Check out the headlines you may have missed in the…

By RoboForex Analytical Department The euro is facing sustained selling pressure, primarily driven by a robust US dollar. The greenback is being bolstered by rising Treasury yields and fading market expectations for an early start to the Federal Reserve’s easing cycle. Further weighing on the single currency are disappointing macroeconomic releases from Germany, coupled with…

Key takeaways Japan 225 CFD Index rally: The Japan 225 CFD Index (Nikkei 225 proxy) reached an all-time high of 49,970 on optimism over PM Takaichi’s more than ¥13.9 trillion expansionary stimulus plan. Market pullback: The index declined 3.4% from its peak, suggesting investors had already priced in expectations of aggressive fiscal measures. Earnings momentum:…

The British pound posted a solid advance yesterday, despite UK GDP data coming in weaker than expected. The economy showed virtually no growth, underscoring persistent pressure on domestic demand and the manufacturing sector. However, the market appears to have used the release as an opportunity to cover short positions after a prolonged decline, which supported…