Hot spot tracking

  • US media reports that Trump is considering a tiered tariff plan for China, while the White House states that Trump's stance on China tariffs has not softened. This news is negative for the yuan.
  • Fed's Harker: If economic data becomes clear, a rate cut may occur in June. This news is negative for the dollar.
  • The Atlanta Fed's GDPNow model predicts a -2.5% growth rate for US GDP in the first quarter. This news is negative for the US dollar and US stocks.

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