Markets stayed cautiously optimistic on Tuesday, supported by upbeat US JOLTS Job Openings, positive sentiment among chipmakers, and no Russian retaliation to Ukraine drone strikes.
Risk appetite remains fragile as fears grow over the US-China trade deal, Trump's tariffs, and mixed geopolitical developments.
The new trading week opens with a cautious mood as global markets react to renewed trade tensions and geopolitical unrest.
Thursday saw a turbulent market as disappointing US data and ongoing legal battles over Trump’s tariffs sparked volatility.
Market drama continues with fresh twists on Wednesday. A US federal court questioned former President Trump's authority to impose tariffs under the guise of a national emergency.
Markets remained uncertain early Wednesday following Wall Street's strong close and volatile trading in the Asia-Pacific region.
Early Tuesday, sentiment improved slightly on hopes tied to Trump’s EU tariff delay, strong China industrial output, Gaza ceasefire talks, and US-Iran diplomacy.
Markets opened Monday cautiously optimistic, despite holidays in the US and UK, after President Trump delayed the planned 50% tariffs on the EU to July 9.
Risk appetite remains subdued early Friday as Thursday’s upbeat US PMIs and jobless claims data overshadow concerns over rising US debt.
Market sentiment remains mixed early Thursday as traders await May PMI data from Europe, the UK, and the US.
Markets turned cautious as a mix of negative headlines surrounding trade, geopolitics and fiscal stances grabbed attention.
The risk environment remains uncertain, with mixed signals from the US trade deal, ongoing geopolitical tensions in the Middle East, and growing concerns over the US Dollar’s stability due to Trump’s policies.
