Review
U.S. stocks sold off on Friday, with investors jolted by hotter-than-expected inflation data, souring consumer sentiment and President Trump’s tariff announcements.
—By Vicky Ge Huang and Caitlin McCabe, “Stock Market Today: Stocks Fall on Tariff, Consumer Sentiment Fears,” Wall Street Journal, March 28, 2025.
Following the Spring Equinox, we saw many global markets making a corrective rally into the Sun’s ingress of Aries on March 19, followed by a sharp reversal last week. With Neptune set to enter the fire sign of Aries on March 30, inflation is starting to reappear, fueled by concerns around tariffs and trade (Gemini) wars (Uranus). With Uranus also set to change signs this year, trade wars are a real concern and may not be transitory, as Uranus takes approximately seven years to transit each sign of the zodiac. Fueled by these concerns, we saw a sharp sell-off on Friday, with the DJIA losing over 700 points and the NASDAQ losing 2.7%.
In Europe, the Euro Stoxx 50 and Germany’s DAX were down all week, fueled by the news of tariffs targeting car manufacturers. The UK’s FTSE had a relatively muted week as indecision prevailed. In Asia, the Nikkei and the Nifty appear to be moving in line with the US equity markets, selling off sharply into Friday. China’s Hang Seng and the Hong Kong Index formed a multi-year high into the Spring Equinox and continued the reversal down this week. In Australia, we also saw a corrective rally forming a crest this week, with a small reversal on Friday. Brazil’s Bovespa index appears to be bucking the trend as it continues its rally towards the ATH of Aug 2024.
With all the tension in the air, fueled by retrograde Venus and Mercury transiting back across the sensitive Vernal Axis and ahead of the Solar Eclipse in Aries (The sign associated with metals and the exaltation of the Sun, the significator of Gold), the true winners this week were the metals. Copper rallied over 34% from the primary cycle low in December, reaching a new ATH of 5.374 on Wednesday. Gold reached a new ATH of 3124.40 on Friday, and Silver finally also took out last October’s high, reaching 3550.
The cryptocurrencies continue to consolidate following the low of March 11, with no clear confirmation as to whether the primary cycle has formed. The biggest move down was in the grains, with wheat reaching a multi-month low of 517, driven by optimism around the Black Sea Truce between Russia and Ukraine. The truce was announced As Venus (the planet of peace) retrograded back into Pisces (the water sign closely associated with seas), yet there is uncertainty as to whether the peace agreement will hold, quite rightly too, as the negotiations took place and were signed under Mercury retrograde! This is not the best time to negotiate or sign contracts, as people are more likely to go against their word. As for wheat, my colleague Wyatt Fellows has done some excellent research on this asset and the unique opportunity it holds, which you can read about in the monthly MMA Grains Report coming out this week.
Short-term geocosmics
Vance called on the people of Greenland to reject Denmark’s oversight, arguing that the U.S. was better positioned to protect the territory from China and Russia. He said the U.S. had seen “very strong evidence” that Beijing and Moscow were interested in Greenland because of its strategic location.
— By Natalie Andrews, Sune Engel Rasmussen, and Alexander Ward “In Greenland, Vance Criticizes Denmark’s Stewardship of the Island,” Wall Street Journal, March 28, 2025.
In the two weeks since Mark Carney became Canada’s prime minister, he issued stern warnings that President Trump’s threats on trade and making Canada the 51st state broke the relationship between the two allies. “It is clear that the United States is no longer a reliable partner,” he said on Thursday. “There will be no turning back.”
— By Vipal Monga “Canada’s Carney Is Betting on a Tough Posture With Trump. So Far, It’s Working.” Wall Street Journal, March 28, 2025.
We head into the weekend with a stellium of planets in the final degrees of Pisces, ahead of a Solar Eclipse in Aries. This is an important eclipse as it will trigger longer-term events that are about to unfold, ahead of the period referred to as the “Aries Vortex” by Raymond Merriman. This eclipse takes place a day before the ingress of Neptune into Aries. It is worth noting that the American Civil War commenced a day before Neptune’s previous ingress into Aries on April 13, 1861. As noted in last month’s MMA Monthly Cycles Report Plus+, the eclipse path is over Greenland and Canada, and I was expecting these two nations to be brought into the geopolitical foreground. It’s worth noting that all this aggression and hostility is only the start. The eclipse degree will be triggered by a Mars opposition around August 9 (+/- 1 week), and I would anticipate more geopolitical tension and aggression during this period.
Looking at the synastry charts between Vice President Vance and President Trump, it is clear that these two individuals see eye-to-eye (both share Leo as their ascendants) and will fully support one another. President Trump has elevated JD Vance to the Vice-president’s office (Trump’s Natal Sun is in Vance’s House 10 of public life and career), and fully supports him and gives him the confidence and authority required to implement their agenda, with Trump’s Jupiter (planet of abundance, support, growth) conjunct Vance’s Moon (the planet of emotions, needs, and security). Denmark’s Ascendant is Aquarius, opposing that of both men and, therefore, has become a target of opposition and criticism. More importantly, there is antagonism between the synastry chart of Vance and the European Union (Maastricht Treaty). There are too many signatures to cover in this column, but the one that sticks out for me is Vance’s Mercury (speeches, comments, messages) conjunct with the EU Chiron (emotional wounds, criticisms, painful learning experiences).
Looking at the more immediate future, it is worth noting that the Venus-Saturn conjunction is coming up on April 7. This is a reversal signature, and we like to buy any markets that are selling off sharply into this signature.
Longer-term thoughts and opinion
In Persian Astrology, the Spring Equinox Chart was used as the start of the New Year (Nowrooz or “New Day” Celebrations). This chart was used for annual forecasts, and I always like to look at the Astrocartography of this Chart, paying close attention to the location on Earth where the Sun and the outer planets are in midheaven at the moment of the Sun’s ingress. This gives an idea of the countries in which events are likely to unfold.
Looking at this chart, Uranus (the planet of sudden disruptions and earthquakes) was directly over Myanmar, Thailand, and China on the ingress chart. A 7.7-magnitude earthquake hit the country a day before the Solar Eclipse. It is also worth noting that Saturn (the planet of restriction, capturing, political figures, rules, and enforcement of laws) was directly over Turkey, resulting in riots and mass protests over the arrest and detainment of the leader of the main opposition party and the Mayor of Istanbul, Ekrem Imamoglu. Also noteworthy are the Sun, Neptune, and the North Node, which are all placed in the Midheaven over Iran and Yemen on this chart. Significant changes are expected to take place over the next few years, and the start of this period is the Spring of 2025.
For now, I wish you all good health, peace of mind, and prosperity. It is the time of year when hope and kindness awaken in the heart of man, just as the golden rays of the Sun melt the winter’s snow and summon trees into bloom.
As Hafez once wrote:
“Spring will soon arrive with sweet laughter,
And the garden will bloom once more.
The sorrows of yesterday will fade away,
For a new dawn is knocking at the door.”
May this Nowrooz bring you renewed joy, fresh beginnings, and the warmth of love and light in all you do.
Disclaimer and statement of purpose: The purpose of this column is not to predict the future movement of various financial markets. However, that is the purpose of the MMA (Merriman Market Analyst) subscription services. This column is not a subscription service. It is a free service, except in those cases where a fee may be assessed to cover the cost of translating this column from English into a non-English language. This weekly report is written with the intent to educate the reader on the relationship between astrological factors and collective human activities as they are happening. In this regard, this report will oftentimes report what happened in various stock and financial markets throughout the world in the past week, and discuss that movement in light of the geocosmic signatures that were in effect. It will then identify the geocosmic factors that will be in effect in the next week, or even month, or even years, and the author’s understanding of how these signatures will likely affect human activity in the times to come. The author (Merriman) will do this from a perspective of a cycles’ analyst looking at the military, political, economic, and even financial markets of the world. It is possible that some forecasts will be made based on these factors. However, the primary goal is to both educate and alert the reader as to the psychological climate we are in, from an astrological perspective. The hope is that it will help the reader understand the psychological dynamics that underlie (or coincide with) the news events and hence financial markets of the day. No guarantee as to the accuracy of this report is being made here. Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions. Reader should understand that futures and options trading are considered high risk.
Recommended Content
Editors’ Picks

USD/JPY slumps to three-week low amid Trump's tariffs-inspired risk-off impulse
USD/JPY dives to a three-week low, closing in on 147.00 in the Asian session on Thursday as Trump's sweeping trade tariffs provide a strong boost to the safe-haven asset Japanese Yen. Meanwhile, US receesion fears smash the US Dollar back closer to a multi-month low touched in March, undermining the pair.

AUD/USD remains heavy below 0.6300 despite upbeat Chinese PMI data
AUD/USD remains under decent selling pressure below 0.6300 in Asian session on Thursday. The Australian Dollar keeps losses against the US Dollar despite the strong Chinese PMI data. US President Donald Trump's global reciprocal tariffs-led risk aversion remains a drag on the Aussie pair.

Gold price corrects from record high as focus shifts to US NFP data
Gold price is correcting sharply from a new record high of $3,168 reached in the early Asian session on Thursday. Despite the pullback, Gold price preserves a significant part of the recent record run, courtesy of escalating risks of a global trade war and a US recession.

Bitcoin and top altcoins slide as Trump kicks off reciprocal tariffs
Bitcoin and the entire crypto market saw a quick correction on Wednesday following President Donald Trump's reciprocal tariff announcements based on half of each country's respective rates.

Trump’s “Liberation Day” tariffs on the way
United States (US) President Donald Trump’s self-styled “Liberation Day” has finally arrived. After four straight failures to kick off Donald Trump’s “day one” tariffs that were supposed to be implemented when President Trump assumed office 72 days ago, Trump’s team is slated to finally unveil a sweeping, lopsided package of “reciprocal” tariffs.

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.