Brad Alexander
FX Large Limited
After several days of severe market selloff, we see some risk-on sentiment.
But, will it last?
Last time, we looked at the different US Indices and how they were affected by the selloff caused by US tariffs.
Here is a spreadsheet looking at the percentage impact of the crash and how US small-cap companies were hit harder than the huge companies in the large-cap indices like the DJIA.
We see the opening of the markets in Europe and there was a rebound there but investors are selling off again, based on threats of retaliatory tariffs between the US and China.
With all the turmoil, the economic calendar may have little effect as all the world’s central banks will be confused.
But, we have an Interest Rate Decision, Wednesday, in New Zealand where we expect a 25 basis point drop.
If that doesn’t happen, we may have some volatility to trade.
Every chart with NZD pairs shows similar volatile price action, so look for sudden moves against the trends.
We also have speeches from major central banks which, under the current circumstances, should move the markets.
We have New Zealand, Japan and the US tomorrow, and Australia Thursday.
Thursday and Friday, we have more US new,s but there is no guarantee that these will move the markets.
We are seeing volatility in the crude oil markets as both WTI and Brent Crude fell to lows not seen for over 4 years.
Any positive news regarding tariffs should have the crude oil markets rebounding.
That’s all for now.
CFDs and FX are leveraged products and your capital may be at risk.
While we may offer market commentary based on fundamental or technical analysis, we do not offer trading advice and cannot be held liable for any decisions taken by viewers and readers of our material.
Recommended Content
Editors’ Picks
EUR/USD extends gains toward 1.1400 after German sentiment data
EUR/USD stretches higher toward 1.1400 in the European session after upbeat German business sentiment data. The pair's solid uptick could also be linked to the latest leg down in the US Dollar as concerns re-emerge over Trump's tariff plans with China and Japan.
GBP/USD holds firm near 1.3300 on intense US Dollar weakness
GBP/USD rises further to test 1.3400 in European trading on Thursday, snapping a two-day losing streak. Uncertainty over US President Donald Trump's tariff plans returns and sends the US Dollar sharply lower across the board, suporting the pair. Mid-tier US data awaited.
Gold price trims part of intraday gains, still well bid above $3,300 mark
Gold price regains positive traction as fading US-China trade optimism revives safe-haven demand. The US economic worries and Fed rate cut bets undermine the USD, also benefiting the commodity. A positive risk tone might hold back the XAU/USD bulls from placing aggressive bets and cap gains.
SEC Crypto Task Force plans to establish digital asset regulatory sandbox
The Securities & Exchange Commission's Crypto Task Force met with El Salvador's National Commission on Digital Assets representatives to discuss cross-border regulation and a proposed cross-border sandbox project.
Five fundamentals for the week: Traders confront the trade war, important surveys, key Fed speech Premium
Will the US strike a trade deal with Japan? That would be positive progress. However, recent developments are not that positive, and there's only one certainty: headlines will dominate markets. Fresh US economic data is also of interest.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.