๐ฎ ๐ฎ
๐ Market-Moving News ๐:
๐บ๐ธ๐ Implementation of New U.S. Tariffs: As of April 9, the U.S. has imposed a 104% tariff on Chinese goods, escalating trade tensions and raising concerns about a potential global economic slowdown.
๐ข๏ธ๐ Oil Prices Decline Sharply: In response to escalating trade tensions, oil prices have fallen nearly 4%, reaching their lowest levels since early 2021. Brent crude dropped to $60.69 per barrel, while West Texas Intermediate (WTI) declined to $57.22.
๐ Key Data Releases ๐
๐ Wednesday, April 9:
๐ฆ Wholesale Inventories (10:00 AM ET):
Forecast: 0.3%โ
Previous: 0.8%โ
Indicates the change in the total value of goods held in inventory by wholesalers, reflecting supply chain dynamics.โ
๐ฃ๏ธ Richmond Fed President Tom Barkin Speaks (11:00 AM ET):
Remarks may shed light on economic conditions and policy perspectives.โ
๐ FOMC Meeting Minutes Release (2:00 PM ET):
Provides detailed insights into the Federal Reserve's monetary policy deliberations from the March meeting.โ
โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.โ
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
๐ Market-Moving News ๐:
๐บ๐ธ๐ Implementation of New U.S. Tariffs: As of April 9, the U.S. has imposed a 104% tariff on Chinese goods, escalating trade tensions and raising concerns about a potential global economic slowdown.
๐ข๏ธ๐ Oil Prices Decline Sharply: In response to escalating trade tensions, oil prices have fallen nearly 4%, reaching their lowest levels since early 2021. Brent crude dropped to $60.69 per barrel, while West Texas Intermediate (WTI) declined to $57.22.
๐ Key Data Releases ๐
๐ Wednesday, April 9:
๐ฆ Wholesale Inventories (10:00 AM ET):
Forecast: 0.3%โ
Previous: 0.8%โ
Indicates the change in the total value of goods held in inventory by wholesalers, reflecting supply chain dynamics.โ
๐ฃ๏ธ Richmond Fed President Tom Barkin Speaks (11:00 AM ET):
Remarks may shed light on economic conditions and policy perspectives.โ
๐ FOMC Meeting Minutes Release (2:00 PM ET):
Provides detailed insights into the Federal Reserve's monetary policy deliberations from the March meeting.โ
โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.โ
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
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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.