{"id":17900,"date":"2025-06-02T06:00:00","date_gmt":"2025-06-02T06:00:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17900"},"modified":"2025-06-02T06:00:00","modified_gmt":"2025-06-02T06:00:00","slug":"week-ahead-tariff-uncertainty-keeps-investors-on-alert","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/de-eu\/week_ahead\/week-ahead-tariff-uncertainty-keeps-investors-on-alert\/","title":{"rendered":"Week ahead: Tariff uncertainty keeps investors on alert"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-1024x536.png\" alt=\"\" class=\"wp-image-17906\" srcset=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-1024x536.png 1024w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-300x157.png 300w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-768x402.png 768w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-500x262.png 500w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-400x209.png 400w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-350x183.png 350w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2-200x105.png 200w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/45-2.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The first week of June brings a mix of critical economic data, central bank decisions, and political developments that are likely to shape market sentiment. With investors closely watching the European Central Bank\u2019s next move and the upcoming US jobs report, markets are poised for potential shifts in expectations around inflation, interest rates, and global growth.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>KEY INDICATORS<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>Political events<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>1 June: Second round of the Polish presidential election.<\/sub><\/li>\n\n\n\n<li><sub>3 June: South Korean presidential election.<\/sub><\/li>\n\n\n\n<li><sub>Canada\u2019s Carney welcomes US court\u2019s decision on tariffs.<\/sub><\/li>\n\n\n\n<li><sub>Israel approves latest US ceasefire proposal for Gaza; Hamas yet to respond.<\/sub><\/li>\n\n\n\n<li><sub>Trump could ask Supreme Court to halt tariff block as soon as Friday.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>Monetary policy and economic regulation<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>Asia FX muted as dollar stems losses amid Trump tariff swings; PCE data on tap.<\/sub><\/li>\n\n\n\n<li><sub>BofA sets AUD\/JPY target at 100, cites Japan elections and RBA pause.<\/sub><\/li>\n\n\n\n<li><sub>US ethane exports to China hit new roadblock with licence requirement.<\/sub><\/li>\n\n\n\n<li><sub>Dollar edges higher on US court ruling; risk sentiment boosted.<\/sub><\/li>\n\n\n\n<li><sub>Fed Chair Powell met with Trump at the White House on Thursday and told him rate decisions can\u2019t be political.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>Markets, energy, and institutions<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>Gold falls as traders await US data for clues to tariff impacts.<\/sub><\/li>\n\n\n\n<li><sub>Dow, S&amp;P 500, Nasdaq futures slip as Trump\u2019s tariffs run into legal trouble.<\/sub><\/li>\n\n\n\n<li><sub>Oil poised for second weekly loss ahead of OPEC+ supply decision.<\/sub><\/li>\n\n\n\n<li><sub>STOXX 600 edges down on US trade uncertainties; set for monthly gains.<\/sub><\/li>\n\n\n\n<li><sub>Japan stocks lower at close of trade; Nikkei 225 down 1.25%.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"663\" height=\"813\" src=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142106.jpg\" alt=\"\" class=\"wp-image-17901\" srcset=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142106.jpg 663w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142106-245x300.jpg 245w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142106-326x400.jpg 326w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142106-163x200.jpg 163w\" sizes=\"auto, (max-width: 663px) 100vw, 663px\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>MARKET MOVERS<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>Nasdaq 100<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"499\" src=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-1024x499.jpg\" alt=\"\" class=\"wp-image-17902\" srcset=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-1024x499.jpg 1024w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-300x146.jpg 300w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-768x374.jpg 768w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-500x244.jpg 500w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-400x195.jpg 400w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-350x171.jpg 350w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115-200x97.jpg 200w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142115.jpg 1477w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub><strong>Technical breakout: <\/strong>A breakout above the <strong>$21,400<\/strong> resistance zone is in focus. Sustained movement above this level, especially on strong volume, would confirm bullish momentum.<\/sub><\/li>\n\n\n\n<li><sub><strong>Target projection:<\/strong> If the breakout holds, the next upside target lies at <strong>$21,625\u2013$21,900<\/strong> based on recent Fibonacci extensions and upward channel projections. In a strong bullish continuation, <strong>$22,100<\/strong> could be in play.<\/sub><\/li>\n\n\n\n<li><sub><strong>Opening expectation:<\/strong> Futures suggest a mildly positive start to the week, with markets cautiously optimistic following ECB rate cut expectations and US job data.<\/sub><\/li>\n\n\n\n<li><sub><strong>Support zone:<\/strong> Immediate support lies at <strong>$20,900<\/strong>, with stronger support at <strong>$20,650\u2013$20,700<\/strong>. A breakdown below this zone could invite deeper corrective moves towards <strong>$20,400<\/strong>.<\/sub><\/li>\n\n\n\n<li><sub><strong>Strategy:<\/strong> Bullish bias if price holds above <strong>$21,400<\/strong>, targeting <strong>$21,750+<\/strong> with tight trailing stops. Caution warranted ahead of Friday\u2019s non-farm payrolls \u2014 a weaker-than-expected print could increase volatility.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><strong>Trade opportunity:<\/strong> Target 1: $21,625, target 2: $21,900.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>XAU\/USD<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"500\" src=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-1024x500.jpg\" alt=\"\" class=\"wp-image-17903\" srcset=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-1024x500.jpg 1024w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-300x146.jpg 300w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-768x375.jpg 768w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-500x244.jpg 500w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-400x195.jpg 400w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-350x171.jpg 350w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120-200x98.jpg 200w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142120.jpg 1479w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub><strong>Technical breakout:<\/strong> Gold is currently trading around <strong>$3,300<\/strong>, consolidating within a symmetrical triangle pattern. A decisive breakout above <strong>$3,325\u2013$3,330<\/strong> could signal a bullish continuation, potentially targeting higher resistance levels. Conversely, a breakdown below <strong>$3,280<\/strong> may indicate a bearish trend, opening the path to lower support zones.<\/sub><\/li>\n\n\n\n<li><sub><strong>Target projection (bearish scenario):<\/strong> A drop below <strong>$3,280<\/strong> may see gold prices decline towards <strong>$3,250<\/strong>, and potentially further to <strong>$3,200<\/strong> if selling pressure intensifies.<\/sub><\/li>\n\n\n\n<li><sub><strong>Opening expectation:<\/strong> The market is expected to open near the <strong>$3,300<\/strong> level, reflecting a neutral stance as traders await key economic data releases. Price action is likely to remain range-bound until a clear directional catalyst emerges.<\/sub><\/li>\n\n\n\n<li><sub><strong>Support zone:<\/strong> Primary support: <strong>$3,280\u2013$3,250<\/strong>, secondary support: <strong>$3,200<\/strong>. These levels are critical; a breach below could accelerate downward momentum.<\/sub><\/li>\n\n\n\n<li><sub><strong>Strategy (bearish approach):<\/strong> Short positions may be viable if price breaks below <strong>$3,280<\/strong>, aiming for <strong>$3,250<\/strong> and <strong>$3,200<\/strong>.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><strong>Trade opportunity:<\/strong> Target 1: $3,280, target 2: $3,250.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>Crude Oil WTI<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"499\" src=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-1024x499.jpg\" alt=\"\" class=\"wp-image-17904\" srcset=\"https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-1024x499.jpg 1024w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-300x146.jpg 300w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-768x374.jpg 768w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-500x244.jpg 500w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-400x195.jpg 400w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-350x171.jpg 350w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124-200x97.jpg 200w, https:\/\/www.vtmarkets.com\/de-eu\/wp-content\/uploads\/sites\/17\/2025\/06\/20250530-142124.jpg 1477w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub><strong>Technical breakout:<\/strong> WTI crude oil is currently trading around <strong>$61.12<\/strong>, exhibiting a bearish trend. A decisive break below the <strong>$60.09<\/strong> support level could signal further downside potential. Conversely, a sustained move above <strong>$61.46<\/strong> may indicate a bullish reversal, targeting higher resistance levels.<\/sub><\/li>\n\n\n\n<li><sub><strong>Target projection (bullish scenario):<\/strong> A breakout above <strong>$61.46<\/strong> could lead to a rally towards <strong>$63.74<\/strong>, with further momentum potentially reaching <strong>$64.19<\/strong>.<\/sub><\/li>\n\n\n\n<li><sub><strong>Opening expectation:<\/strong> The market is expected to open near the <strong>$61.12<\/strong> level, reflecting cautious sentiment amid concerns over potential OPEC+ production increases and global demand uncertainties.<\/sub><\/li>\n\n\n\n<li><sub><strong>Support zone:<\/strong> Primary support: <strong>$60.09<\/strong>, secondary support: <strong>$59.10<\/strong>, third support: <strong>$58.14<\/strong>.<\/sub><\/li>\n\n\n\n<li><sub><strong>Strategy (bullish approach):<\/strong> Long positions may be viable on a confirmed breakout above <strong>$61.46<\/strong>, aiming for <strong>$63.74<\/strong> and <strong>$64.19<\/strong>, with a stop-loss below <strong>$60.09<\/strong>.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><strong>Trade opportunity:<\/strong> Target 1: $62.30, target 2: $63.04.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>NEWS HEADLINES<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>ECB pause nears as euro and Aussie strengthen<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>European Central Bank policymakers are expected to deliver a final interest rate cut in June before entering a pause phase, as evolving economic conditions warrant a more cautious approach.<\/sub><\/li>\n\n\n\n<li><sub>Seasonal trends point to potential strength in EUR\/USD and AUD\/USD in June, offering bullish momentum for both currency pairs amid dovish policy expectations.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>Oil slips, tech shines, tariffs weigh<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>WTI crude oil prices have dropped to four-year lows, driven by accelerated production hikes from OPEC+, fuelling concerns over a growing supply glut.<\/sub><\/li>\n\n\n\n<li><sub>Gold futures edged lower as a strengthening US dollar dampened investor demand for the precious metal.<\/sub><\/li>\n\n\n\n<li><sub>Wall Street futures slipped as renewed tariff concerns resurfaced following a US federal appeals court ruling.<\/sub><\/li>\n\n\n\n<li><sub>Meanwhile, strong earnings from AI leader Nvidia helped offset broader uncertainty, boosting investor confidence in the technology sector.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><strong>India gains, Japan slows<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><sub>Japan&#8217;s factory output declined by 0.9% month-on-month in April, signalling ongoing challenges in its manufacturing sector.<\/sub><\/li>\n\n\n\n<li><sub>In contrast, India\u2019s GDP growth gained pace in the March quarter, supported by robust rural demand and increased state spending, suggesting growing economic momentum.<\/sub><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=market_forecast&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first week of June brings a mix of critical economic data, central bank decisions, and political developments that are likely to shape market sentiment. With investors closely watching the European Central Bank\u2019s next move and the upcoming US jobs report, markets are poised for potential shifts in expectations around inflation, interest rates, and global <a href=\"https:\/\/www.vtmarkets.com\/de-eu\/week_ahead\/week-ahead-tariff-uncertainty-keeps-investors-on-alert\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":17906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-17900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-week_ahead"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/posts\/17900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/comments?post=17900"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/posts\/17900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/media\/17906"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/media?parent=17900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/categories?post=17900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/de-eu\/wp-json\/wp\/v2\/tags?post=17900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}