Major stock indices decline; NASDAQ down 1.94%, S&P nearing March lows, breaking key moving averages.
EU braces for 10–25% US tariffs; negotiations consider duties, digital taxes, investments, and regulatory concessions.
Mary Daly maintains two 2025 rate cuts are plausible, urging patience amid cautious business optimism and tariffs.
GDPNow revises Q1 growth to -2.8%; net exports drag down GDP in all model estimates.
Market expects April rate cut; Nagel’s comments raise likelihood to 100%. June outlook remains uncertain.
EURUSD rebounded as EU prepared tariff concessions, lifting it above key averages despite earlier economic concerns.
Consumer sentiment falls to 57.0 in March as inflation expectations and unemployment fears weigh heavily.
Markets await Michigan sentiment survey and Atlanta Fed’s GDPNow update, with politics and trade influencing data.
S&P 500 futures dip amid global uncertainty; CoreWeave’s IPO struggles; AI sector focus shifts to users.
USDCHF and NZDUSD trade within narrow ranges, with traders awaiting a breakout to signal trend direction.
