Wonderful introduction:
Let the sorrows be full of worries, and can't sleep, push the moon. The full moon hangs high, scattered all over the ground. I think that the bright moon will be ruthless, and the wind and frost will fade away for thousands of years, and the passion will fade away easily. If there is love, it should have grown old with the wind. Knowing that the moon is ruthless, why do you repeatedly express your love to the bright moon?
Hello everyone, today Avatrade Aihua Foreign Exchange will bring you "[Avatradescn]: Five major events that will happen in the global market this week". Hope it will be helpful to you! The original content is as follows:
In terms of data, tenacious American consumers are attracting much attention. However, diplomatic storms about trade, in particular, may trigger greater action.
1. China-US easing relations
Reduced by 115% - the United States will impose a 30% tariff on Chinese goods, while Beijing only imposes a 10% tariff on American goods. While the agreement lasts only 90 days, the news has provided a significant relief for trade and may help avoid recession.
In addition, the two sides have set up a framework to further resolve differences. One option on the desktop is to reach a procurement agreement, with China pledging to buy U.S. goods to reduce the trade deficit.
The current tariffs are still higher than before the Trump 2.0 era and may rise in 90 days. However, a good atmosphere from Switzerland, where the two countries meet on weekends, may lead to further agreements. Additionally, the discussion channel has been reset. The market may cheer on these moves for a long time.
In addition to Sino-US relations, the market also hopes to see progress in other transactions such as India, Japan and Switzerland. The more the better, but the biggest prize is still China.
2. The war last week, now peace?
The two nuclear-weaponed countries, India and Pakistan, seem to be far from the brink of a full-scale war. However, this is a geopolitical frontline that the world will closely monitor.
On the other hand, U.S. President Trump will visit the Middle East, with one of his goals being to reach an agreement with Iran. Both sides reported progress, and a ceasefire between the United States and the Houthi forces in Yemen is seen as a step in reaching an agreement with Iran's nuclear facilities.
If Washington and Tehran announce swap ambassadors, oil prices will be affectedring. Although Iran exports crude oil, its export volume is lower than production capacity and is troubled by long-term insufficient investment.
avaforexcn.comThe third and last geopolitical front is in Europe. Russian President Putin called for direct dialogue with Ukraine, while Kiev insisted on a 30-day ceasefire first. Either move is good news for Europe and will put pressure on oil prices. The release of Russian crude oil to Europe will also increase production.
3. Core inflation in the United States may rise, keeping interest rates unchanged
Tuesday, 20:30 Beijing time. Ultimately – after several years, the U.S. core consumer price index (core CPI, fell below 3% in March. While the Federal Reserve (Fed) tracks another inflation indicator, the CPI report was released early, and another decline would provide optimism for central banks.
However, April data may begin to reflect Trump’s tariff announcement early last month. Economists expect core CPI to rise by 0.3% month-on-month, up from 0.1% recorded in March.
Investors refuse to hint at Fed Chairman Jerome Powell in June Share will cut interest rates and will not like any price increases. Unexpected downward surprises will reopen hopes of reducing borrowing costs.
4. US retail sales may be a variable
Thursday, 20:30 Beijing time. Do U.S. consumers convey a "business as usual" attitude in the context of tariffs? Is shopping increased by expected price increases? Or has it been reduced?
After total retail sales jumped 1.5% in March, the economic calendar pointed to a moderate growth of 0.1%. However, both sides There is room for surprise.
Investors will also focus on the retail sales control group, which grew 0.4% in March.
While these numbers are volatile, they provide hard data on the performance of the U.S. economy.
5. US consumer confidence may continue to recover
Friday, 22:00 Beijing time. The University of Michigan Consumer Confidence Index almost fell below the 50 level in April, marking a trough that has not been seen in years. Fear of tariffs and concerns about the Department of Efficiency (DOGE, layoffs Reduce confidence. However, confidence has rebounded after President Trump's announcement of delays in peer tariffs and other exemptions.
The decline in confidence has not been reflected in hard data such as retail sales or in evidence from credit card avaforexcn.companies such as Visa.
However, the magnitude of confidence collapse makes these soft data important. The upcoming data is the preliminary reading for May.
The above is all about "[Ava Aihua Forex]: Five big things to happen in the global market this week", was carefully avaforexcn.compiled and edited by Aihua Avatrade Forex editor. I hope it will be helpful to your trading! Thanks for the support!
Share, just as simple as a gust of wind can bring refreshment, just as pure as a flower can bring fragrance. The dusty heart gradually opened, and I learned to share, sharing is actually so simple.