Pound Sterling rises slightly; Starmer to announce defence spending. BoE’s Pill speaks on rates; GBP consolidates near support.
Risk assets struggle as consumer confidence drops; oil falls below $70, with WTI at $69.54, lowest since December.
EUR remains stable; narrower spreads support gains. Resistance at 1.0530 limits upside, with support at 1.0430.
US Treasury Secretary Bessent warns of a fragile economy, citing high spending and government-driven job growth concerns.
CAD volatility rises with tariff concerns; USD resistance at 1.4250/60, support at 1.4150/75, potential shift ahead.
NASDAQ falls for fourth day, dropping below 100-day moving average, signaling increased selling activity despite optimism.
USD trades unevenly as risk appetite declines; tariffs impact yields. Key data releases include housing and confidence.
Technology and semiconductor stocks decline, while healthcare, financials, and utilities rise. Investors may favor resilient sectors.
Gold hit a record $2,956 before stabilising, driven by tariffs, Fed expectations, and market reactions.
USDCHF hits new lows, approaching key support near 0.9000, with sellers maintaining control in a bearish trend.
