🔮 🔮
🌍 Market-Moving News 🌍
🇺🇸 U.S.–China Trade Tensions Ease: President Trump announced plans to "substantially" reduce tariffs on Chinese imports, signaling a potential de-escalation in the trade war. Treasury Secretary Scott Bessent labeled the current tariffs as "unsustainable," and the IMF warned of a "major negative shock" to global growth due to the ongoing trade conflict.
📉 Tesla's Profit Decline: Tesla reported a 71% drop in Q1 profits, attributing the decline to backlash over CEO Elon Musk's involvement in government affairs. Musk announced plans to reduce his role in the "Department of Government Efficiency" (Doge) starting in May.
🛫 Boeing's Earnings Under Scrutiny: Boeing is set to report earnings, with investors closely watching for impacts of trade tensions on Chinese plane deliveries. The company's performance is seen as a bellwether for the aerospace sector amid global economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, April 23:
🏠 New Home Sales (10:00 AM ET):
Forecast: 675,000
Previous: 662,000
Measures the annualized number of newly constructed homes sold, indicating housing market strength.
📈 S&P Global Manufacturing & Services PMI (9:45 AM ET):
Manufacturing Forecast: 49.5
Services Forecast: 51.0
Provides insight into the economic health of the manufacturing and services sectors.
🛢️ EIA Crude Oil Inventory Report (10:30 AM ET):
Reports on the weekly change in the number of barrels of commercial crude oil held by U.S. firms, influencing oil prices and energy sector performance.
⚠️ 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.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
🌍 Market-Moving News 🌍
🇺🇸 U.S.–China Trade Tensions Ease: President Trump announced plans to "substantially" reduce tariffs on Chinese imports, signaling a potential de-escalation in the trade war. Treasury Secretary Scott Bessent labeled the current tariffs as "unsustainable," and the IMF warned of a "major negative shock" to global growth due to the ongoing trade conflict.
📉 Tesla's Profit Decline: Tesla reported a 71% drop in Q1 profits, attributing the decline to backlash over CEO Elon Musk's involvement in government affairs. Musk announced plans to reduce his role in the "Department of Government Efficiency" (Doge) starting in May.
🛫 Boeing's Earnings Under Scrutiny: Boeing is set to report earnings, with investors closely watching for impacts of trade tensions on Chinese plane deliveries. The company's performance is seen as a bellwether for the aerospace sector amid global economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, April 23:
🏠 New Home Sales (10:00 AM ET):
Forecast: 675,000
Previous: 662,000
Measures the annualized number of newly constructed homes sold, indicating housing market strength.
📈 S&P Global Manufacturing & Services PMI (9:45 AM ET):
Manufacturing Forecast: 49.5
Services Forecast: 51.0
Provides insight into the economic health of the manufacturing and services sectors.
🛢️ EIA Crude Oil Inventory Report (10:30 AM ET):
Reports on the weekly change in the number of barrels of commercial crude oil held by U.S. firms, influencing oil prices and energy sector performance.
⚠️ 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.
📌 #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.
Related publications
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.