Logo-color Logo-white

Global markets are trading with a mildly risk-off tone today, with losses spanning from Asia through to Europe, and US futures following suit. Technology stocks are under pressure, led by AI-chip giant Nvidia, which warned of significant charges stemming from new US restrictions on semiconductor exports to China. The announcement marks the latest escalation in […]

The post Risk Appetite Eases; Markets Await Clarity from US-Japan Negotiations appeared first on Action Forex.

previous

Strong China Data Fails to Buoy Risk Sentiment; BoC Stuck Between Cutting and Holding

next

Muted Markets Await ECB Cut, While US-Japan Trade Talks Show Tentative Progress

Read More

Investor Sentiment Wavers Despite DOW’s Highs, Loonie Pressured Ahead of CPI
17/09/2024

Investor Sentiment Wavers Despite DOW’s Highs, Loonie Pressured Ahead of CPI

Investor sentiment is currently mixed, reflecting the heightened uncertainty surrounding this week’s crucial Fed meeting. While DOW surged to a fresh record high overnight, and S&P 500 edged closer to its historical peak too, the tech-heavy NASDAQ struggled, ending the session in negative territory. The mixed performance extended to Asia, where Nikkei fell sharply in […]
Yen Weakens on Disappointing Wage Growth Data, Nikkei Soars to 33-Year High
10/01/2024

Yen Weakens on Disappointing Wage Growth Data, Nikkei Soars to 33-Year High

Release of Japan’s disappointing wage growth data led markets to scale back expectations of an imminent rate hike by BoJ. The continued lag in wages growth behind inflation undermines the prospects of establishing a virtuous cycle of wages and prices, which is a prerequisite to a BoJ policy shift. Although a rate hike in April […]
Tariff Rumors Shake Markets Again, Dollar Retreats Ahead of PPI
14/01/2025

Tariff Rumors Shake Markets Again, Dollar Retreats Ahead of PPI

Speculation surrounding the incoming US administration’s tariff strategy continues to rattle global markets. Reports suggest that President-elect Donald Trump’s economic team is exploring a phased approach to tariffs, gradually increasing rates by 2% to 5% per month. This tactic, if adopted, would utilize executive powers under the International Emergency Economic Powers Act to maximize negotiation […]