Uncertainty pauses capital spending; tariffs’ duration matters; Fed awaits clarity; economy resilient; inflation may decline soon.
India’s bank loan growth rose to 11.1% in March 2025, indicating increased lending activities and demand.
Canada’s New Housing Price Index rose 0.1% in February to 124.5, recovering from January’s -0.1% decline.
Silver falls to $33.00 amid Fed’s stance, strong US Dollar, and technical resistance near $34.87. Geopolitics impact.
Canadian retail sales expected to drop 0.4% in January after December’s growth; tariffs may impact sentiment.
Bank of England meeting sees hawkish repricing; inflation persistence limits cuts, with GBP weakness expected post-budget.
European markets were subdued; forex and commodities fluctuated as investors anticipated volatility ahead of US trading.
The PBOC plans to cut RRR and interest rates, ensuring liquidity, stabilising the yuan, and supporting credit supply.
BoE holds rates at 4.50%, hawkish vote noted. EUR/GBP declines, with rate cuts expected by year-end.
Russell 2000 erases gains, faces selloff risks; support at 1993 crucial, sellers eye 2172, trendline key.
