China plans increased fiscal spending in 2025 amid external challenges, weak demand, and trade uncertainty, ensuring stability.
The API survey provides private oil storage data, while the EIA report offers detailed, comprehensive industry statistics tomorrow.
DXY drops below 106.00 as tariffs spark trade tensions; market volatility rises amid stagflation concerns and technical weakness.
US stocks fell late, erasing earlier recovery. Dow dropped most, while Google gained despite broader declines.
Trump to impose reciprocal tariffs on Canada, escalating trade tensions and economic challenges early in his second term.
Kevin Hassett links the fentanyl crisis to border issues, urging Canada and Mexico to address drug challenges urgently.
The US Dollar declined as tariffs were announced, economic data weakened, and markets shifted towards safe-haven assets.
GBP rises to 1.2708 as USD weakens; UK inflation concerns grow; Fed speeches and Trump monitored closely.
Market activity suggests easing trade tensions; Nasdaq down 0.2%; Treasury yields rise; WTI crude trims losses.
GBP strengthens as USD weakens, targeting 1.28 with support at 1.2715 and 1.2675/80 amid growing momentum.
