US 10-year yields climbed sharply, hinting at liquidation, market repositioning, and inflation concerns amid trade tensions.
Gold prices fall 5% amid market turmoil; ETF outflows rise, while China’s gold buying slows down.
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.
Insights 
VT 
