EU pauses counter-tariffs for talks; Trump plans new tariffs targeting major trade partners before election.
AUD rose 4% after tariff pause; regional equities surge; RSI recovery eases daily bearish momentum.
Crude Oil Futures show strong selling pressure; bearish order flow dominates as prices drop below key levels.
RBA Governor Bullock emphasizes tariff uncertainty, economic resilience, and cautious approach to interest rate decisions.
China emphasizes unity, readiness to defend interests, rejects trade war but vows strong response to U.S. actions.
USD/CAD weakens as US Dollar softens; CPI, oil prices, and Fed concerns influence market sentiment.
European stocks rally as Wall Street rebounds; tariffs paused; major indices surge, led by Italy and Germany.
GBP trades in a stable range against USD; potential decline toward 1.2580 if support breaks.
US-China trade tensions intensify as markets await CPI, jobless claims data, and Fed officials’ commentary.
Euro declines against USD; limited upside expected unless support at 1.0850 is broken, signaling range-trading phase.
