It's being viewed as a watershed, historic moment for global trade. The US Liberation Day tariffs have certainly shaken up financial markets. In the immediate aftermath, investors have lost confidence in the US dollar, which has come under pressure across the board—particularly against other major currencies, which are being seen as attractive alternatives.
Clearly, the moves have been viewed as more aggressive than expected. Now it comes down to the global response. We’ll find out if the days ahead bring further escalation or if it’s the start of a negotiation process where some of the extremes are pared back.
Key standouts on Thursday's calendar come from German, Eurozone, and UK PMI reads; Eurozone producer prices; ECB speech; Canada trade; US trade; US initial jobless claims; US ISM services; and the ECB minutes.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Clearly, the moves have been viewed as more aggressive than expected. Now it comes down to the global response. We’ll find out if the days ahead bring further escalation or if it’s the start of a negotiation process where some of the extremes are pared back.
Key standouts on Thursday's calendar come from German, Eurozone, and UK PMI reads; Eurozone producer prices; ECB speech; Canada trade; US trade; US initial jobless claims; US ISM services; and the ECB minutes.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
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blackbull.com/en/economic-calendar/?utm_source=tradingview
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.