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#USDollar on the slide / #SPX 5730 200dma KEY support / Trump's tariffs hurting US corps / NFP & Crypto summit

  • Writer: Stéphan
    Stéphan
  • Mar 7
  • 4 min read


  • What a week : USD the story (breaking big levels, lower with ease..- price action), BUND, JGB move, DAX, HSI, CHINA all up big time, while U.S markets, MAG7, TSLA get smashed... (Trumpf must be pi""ed, anti U.S sentiment..sell US assets - isolated etc), huge defense response from EU (German vote next week), U.S economy 'stopped', Recession calls on the icnrease !payrolls this afternoon, HUGE med to long-term support in #SPY 200dma level around 5730, 20K NASDAQ etc... failure to hold... 18K NASDAQ on cards

  • German debt brake 'will' rattle debt/bond markets - whatch your #duration risk

  • Donald Trump’s crypto project made at least $350mn from the launch of his memecoin, a windfall that is likely to fuel concerns over conflicts of interest arising from the token, and that is exactly why he is there..

  • Donald Trump restrains Doge as concern mounts over scale of job losses US cabinet told to ‘keep all the people you want’ in first sign of pushback against Elon Musk’s cost-cutting project, and on tarrifs : Trump better take a FIRM and FINAL decision to provide guidance to corporations, or else ..

  • Crypto - Cryptocurrencies decline as Trump’s U.S. bitcoin reserve plan falls short of expectations - Cryptocurrencies fell Thursday night after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States and, separately, a “digital asset stockpile.”. “The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.”

  • Trudeau says US tariff war to drag on, Bessent calls him a 'numbskull', and 'Major powers should not bully the weak', China foreign minister says

  • The People’s Bank of China has reported adding a further 5 tonnes to its gold reserves in February. Over the first two months of 2025, it has added 10 tonnes, lifting its total gold holdings to 2,290 tonnes


 






Trump delays tariffs for goods under Mexico, Canada trade deal | Reuters >> on, off, maybe for 1more month, maybe not... no wonder large businesses are doing close to nothing, they simply don't know what's going on...






UBS’s punch line is: “Closing tariff gaps at the product-trading partner level amounts in tariff terms to a blanket tariff increase of 1.65% by the US. This is roughly an order of magnitude smaller than the 10% blanket tariff that candidate Trump was threatening to impose on the world.” So a reciprocal system, to be unveiled April 2, represents a major climbdown dealing with a problem that is not that serious. You can’t easily argue that it’s worth the uncertainty that it is creating. And if this is what indeed results, there’s no need for stocks to sell off like this. The market is, however, sending a clear message that it wants clarity on tariffs, and that it would prefer to do without them altogether. The question, growing ever clearer, is whether the Trump administration will stand up to the market.







 
 
 

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