USD/JPY is struggling around 147.50 but slightly above recent lows. Investors are worried about a global trade war and a slowing US economy. These fears make traders prefer safe assets, increasing demand for the Japanese Yen. The Yen gains strength, making the USD/JPY pair weaker. Interest rate
Gold price stays above $2,900 in Asian trading on Monday. Global uncertainty and US trade war threats support gold. Investors expect the US Federal Reserve to keep interest rates low. Traders are cautious before US inflation data release this week.
Russia Open to Truce: Russia is willing to discuss a temporary stop to fighting in Ukraine. Conditions Apply: The truce depends on progress toward a final peace deal. Talks in Saudi Arabia: Russian and American officials discussed this last month. Putin’s Response: This is Putin's first positive
The S&P 500 went up by 0.6%, but it is still having its worst week since September. The Nasdaq Composite increased by 0.7%. The Dow Jones rose by 259 points (0.6%). Investors are worried because of trade policy actions.
AUD/USD is trying to recover above 0.6300 during the Asian session on Monday. The US Dollar is weaker due to concerns over a potential US economic slowdown caused by President Trump's tariffs. This weakens the US Dollar, helping the AUD/USD pair. However, disappointing inflation data
Gold prices went down a little on Friday because some people sold to take profits. Gold is still set to rise for the week. Uncertainty about U.S. President Trump’s tariff plans made gold more valuable. Investors are waiting for U.S. job data (non-farm payrolls).
EUR/USD is going up: The Euro is getting stronger against the US Dollar. Highest level in months: It is now at its highest since early November. US Dollar is weak: The Dollar is struggling to gain strength. Investors waiting for data: People are waiting for job data from February.
TREASURY YIELDS TICK LOWER AS INVESTORS AWAIT KEY JOBS REPORT U.S. Treasury yields dip slightly as investors await the nonfarm payrolls report. The 10-year Treasury yield falls 1 basis point to 4.269%. The 2-year Treasury yield also drops 1 basis point to 3.95%.
GERMAN FACTORY ORDERS SHRINK AT WORST PACE IN A YEAR German factory orders dropped 7% in February, the worst decline in a year. The contraction highlights significant damage to the manufacturing sector. The drop raises concerns about Germany's economic growth.
Oil prices did not change much on Friday. This week, oil prices fell the most since October. People are worried because the U.S. may change its trade tariffs. If tariffs change, oil demand might go down. At the same time, big oil producers are planning to pump more oil.
Stock futures went up on Friday morning after a big drop on Thursday. Investors are waiting for an important jobs report coming later in the day. Dow Jones futures rose by 63 points (0.15%). S&P 500 futures increased by 0.28%. Nasdaq 100 futures climbed by 0.
The GBP/USD currency pair is rising above 1.2900. It first stayed steady during the Asian trading session. In the European session, it started gaining strength again. The US dollar is weakening because US bond yields are falling. Traders are waiting for important US job data.