Pound Sterling rises 0.6%, regaining strength amid easing expectations and technical support near 1.28.
US inflation eases, boosting rate cut hopes; tariffs on China and rising food prices add uncertainty.
Jobless claims rose slightly to 223,000; continuing claims fell, US dollar weakened amid labor data.
Tech stocks fall amid supply concerns; energy sector shows resilience as investors seek stability and adjust strategies.
U.S. core CPI rose to 325.66 in March, signaling a slight uptick in core inflation measures.
Schmid warns tariff-driven inflation may persist, challenging market hopes for rate cuts amid economic uncertainty.
U.S. jobless claims hit 223,000 on April 4, matching forecasts and showing labor market stability.
U.S. March CPI rose 2.4% year-on-year, missing expectations and highlighting current inflationary trends.
Logan warns tariff hikes may fuel inflation; urges caution without signaling strong Fed rate policy changes.
Jobless claims steady at 223,000 as tariffs drive market volatility, gold surges, and dollar weakens.
