Jobless claims slightly below estimates; continuing claims steady, signaling a stable U.S. labor market trend.
February’s trade deficit improved to $147.391 billion, driven by rising exports and a slight drop in imports.
US wholesale inventories rose 0.3% in February, below expectations, while retail inventories increased only 0.1%.
Global reactions to US tariffs are cautious; worsening economy may intensify concerns. Key metrics signal potential recession.
The European Commission plans a timely, robust response to proposed auto tariffs, with counter-tariffs expected by 2 April.
S&P 500 declines with technical pullback; buyers defend trendline, targeting 5856, while sellers eye 5652 breakdown.
Villeroy stresses tighter financial conditions, France’s deficit reduction, and potential economic impact of Trump’s tariffs on GDP.
EURUSD declines as US tariffs impact the euro; resistance at trendline may determine future price direction.
Traders expect increased ECB rate cuts after Trump’s auto tariff, influencing global central bank policy expectations.
Gold rises as tariffs fuel inflation concerns; traders eye 3000 support, 3038 resistance, and upcoming economic data.
