Asian actions increased slightly on Thursday, and traders won a little while traders evaluated trade talks between the United States and Japan, while the concerns concerning the prices presented by President Donald Trump kept the prudent mood.
The markets would also digest the comments of the president of the Federal Reserve Jerome yesterday.
The president of the Fed, Jerome Powell, gave a Firal Hawkish message, rejecting hopes despite the concerns of inflation. It has projected higher inflation and a lower job market due to prices, while mainly focusing on inflation control. This position, twinned by Trump tolerating market volatility, is likely to leave actions under pressure.
Prices took a break during the Asian session after printed a new summit of around $ 3,357 / OZ in early Asian trade. At the time of writing, is negotiated at $ 3,325 / OZ, down approximately 0.50% during the day. This decision does not seem to be reduced to the feeling, but could be due to the profits before the Easter holidays.
Rose slightly after the American secretary of the Treasury, Scott Bessent, made a comment that President Trump is ready to guarantee that Iranian oil exports fall to zero. The oil is on the right track for another weekly gain.
While we head towards the European session, the feeling remains fragile after the manufacture of semiconductor Taiwan (Nlysis 🙂 noted that Trump policies would harm growth.
TSMC net income jumped 60.3% from last year to 361.56 billion dollars, and its income increased by 41.6% in the March quarter to 839.25 billion dollars. However, the company is confronted with challenges because of the trade policies of the American president Donald Trump, which include prices on Taiwan and more strict export rules for its Nvidia customers (Nasdaq 🙂 and AMD (Nasdaq :).
Library of economic data
From the point of view of the data, the main event of the European session will be today with probably in my opinion. Market players have long been priced in a drop of 25 bps, so the euro is unlikely to be strongly affected.
There is no reason why it cannot prolong its earnings against the, except a strong recovery of the greenback.
Table of the day – Brut oil
From a technical point of view, crude oil prices have exceeded one …
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