Australian Dollar

DXY is still getting pummeled.

DXY goes “CRACK”.

DXY is falling.

Wall Street crumbled again overnight as the realisation has set in that the Don in the Oval Office is hell bent on upending the global trade order, as Canada hit back with their own tariffs.

Asian share markets are reeling again as King Trump goes full swagger with his tariff threats, shooting the US consumer in both feet with confirmed tariffs on Canada, Mexico and China.

Increasingly, it appears DXY is topped and EUR bottomed.

Wall Street crumbled overnight as the realisation has set in that the Don in the Oval Office is hell bent on creating a recession in the US with the slew of tariffs that are now going to go ahead against almost every single major trading partner.

Asian share markets are seeing generally positive results across the board but have been overshadowed by the spike in cryptocurrencies on the latest Trump spewing of verbal diarrhea that continues to evaporate confidence in the USD.

A very busy end of month session on Friday night saw a drop in US consumer spending but Wall Street played the short covering game while Chinese volatility spiked earlier in the session, causing European shares to make no advances.

Goldman on the currency fantasy.

DXY is back again as EUR pukes.

Asian share markets are slumping across the board as confidence evaporates from risk markets due to continued selloffs on Wall Street as bond markets rally in fear of US recessions and the new global trade war.

The latest US initial jobless claims number spiked overnight and combined with more senseless tariff threats from Trump including doubling down on China saw volatility hit Wall Street hard as all the post election gains were wiped out, taking European stocks lower as well.

DXY is back on tariff talk.

Asian share markets are doing slightly better on the back of somewhat mixed sessions on Wall Street and in Europe overnight, absorbing the post close NVIDIA earnings and the new tariff announcements on Europe by the Orange Mussolini.

DXY is trending down.

Wall Street finally stopped flailing around while European stocks pushed higher despite more Trump Tariffs, as the EU gets caught in the crosshairs of Putin’s Puppet.

Asian share markets are very mixed with Chinese shares lifting while the rest of the region is playing along with the downtrend on Wall Street as the upcoming Canadian/Mexican tariffs look like starting soon, although that’s clear as mud due to the ongoing clownshow at the White House.

Deutsche with the note.

Wall Street continues to flail while European stocks try hard to push forward, buoyed by more defense spending promises while the cuts in US federal spending and employment loom large amid a the Canadian/Mexican tariffs that are still on the table.

DXY is still falling.

Asian share markets are not doing so well as the play catchup to the risk off mood that has been dragging down Wall Street since Friday night with returning Japanese markets down the most while local shares are still heading down due to the somewhat hawkish RBA position.

DXY is still legging it down.

Wall Street is still failing to make a comeback after its Friday night breakdown with tech stocks again on the back foot while European shares were mixed as the German DAX made a new high on the back of a new conservative government that looks set to go full steam ahead in defense spending.

Asian share markets are generally doing well after a big drop on Wall Street from Friday night, but have absorbed the volatility out of the German election result from the weekend.