Markets brace for Trump’s tariff plans; USD mixed, gold retreats, and key economic data eyed Wednesday.
US tariff cap talks buoy AUD and NZD briefly; RBA adjusts OMO rate; gold surges to $3135.
USD/CHF rises amid tariff tensions, weak US data, and safe-haven demand boosting the Swiss Franc’s appeal.
BYD cuts EV prices in Japan by $2,000 to boost market share amid slow electric vehicle adoption.
JPY pressured by strong USD, tariff concerns; BoJ rate hikes, Fed cuts may stabilize exchange rate outlook.
Fed Governor Adriana Kugler to discuss inflation expectations and monetary policy in virtual student-focused talk.
Spain’s job market surprised in March, shedding 13,300 jobs instead of the expected 2,500 decline.
Canada avoids most US food tariffs to protect jobs, prevent price hikes, and ensure essential goods access.
France’s February deficit hit €-40.3 billion, exceeding forecasts, highlighting fiscal strain and potential policy reassessment.
BOJ Governor Ueda warned US tariffs may boost inflation short term, but hinder growth and sentiment.
