Traders scale back rate cut bets as stock market rebounds and tariff optimism boosts confidence across markets.
Business conditions rose slightly, confidence dipped, and consumer sentiment hit a six-month low amid economic uncertainty.
Global growth declines, Europe urges unity; monetary policy and market volatility shape future economic strategies and responses.
USD may weaken to 7.2430 CNH before stabilising; uncertainty remains about reaching 7.2150 level.
USD/JPY rose on stronger USD; Japan’s record current account surplus supports JPY in uncertain markets.
ECB may cut rates soon, but inflation risks could delay policy easing into 2025, says Stournaras.
USD remains range-bound; resistance at 149.00 critical to avoid further dips below key 145.00 support level.
Citi lowers China’s 2024 GDP forecast to 4.2% amid trade challenges and export tariff concerns.
USD/CNH shows upward momentum, nearing key resistance at 7.37; potential targets are 7.41 and 7.47.
Von der Leyen, Li Qiang discuss EU-China trade, stress resolving tensions amid tariff-related global disruptions.
Insights 
VT 
