🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📈 U.S. Tariff Pause and Increased Tariffs on China: President Donald Trump announced a 90-day pause on tariffs for most trading partners but increased tariffs on Chinese imports to 125%. This move led to a surge in global stock markets, with the S&P 500 rising by 9.5% and the Dow Jones by 7.9%.
🇨🇳📈 China's Retaliatory Tariffs: In response, China imposed additional tariffs of 84% on U.S. goods, escalating trade tensions and impacting global markets.
📊 Key Data Releases 📊
📅 Thursday, April 10:
📈 Consumer Price Index (CPI) (8:30 AM ET):
Forecast: 0.1%
Previous: 0.2%
Measures the average change over time in the prices paid by consumers for goods and services, indicating inflation trends.
📉 Initial Jobless Claims (8:30 AM ET):
Forecast: 219,000
Previous: 225,000
Reports the number of individuals filing for unemployment benefits for the first time, reflecting labor market conditions.
🗣️ Fed Governor Michelle Bowman Testifies to Senate (10:00 AM ET):
Provides insights into the Federal Reserve's perspective on economic conditions and monetary policy.
⚠️ 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. Tariff Pause and Increased Tariffs on China: President Donald Trump announced a 90-day pause on tariffs for most trading partners but increased tariffs on Chinese imports to 125%. This move led to a surge in global stock markets, with the S&P 500 rising by 9.5% and the Dow Jones by 7.9%.
🇨🇳📈 China's Retaliatory Tariffs: In response, China imposed additional tariffs of 84% on U.S. goods, escalating trade tensions and impacting global markets.
📊 Key Data Releases 📊
📅 Thursday, April 10:
📈 Consumer Price Index (CPI) (8:30 AM ET):
Forecast: 0.1%
Previous: 0.2%
Measures the average change over time in the prices paid by consumers for goods and services, indicating inflation trends.
📉 Initial Jobless Claims (8:30 AM ET):
Forecast: 219,000
Previous: 225,000
Reports the number of individuals filing for unemployment benefits for the first time, reflecting labor market conditions.
🗣️ Fed Governor Michelle Bowman Testifies to Senate (10:00 AM ET):
Provides insights into the Federal Reserve's perspective on economic conditions and monetary policy.
⚠️ 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.