๐ Market-Moving News: ๐ข Tariffs in Focus: ๐บ๐ธ๐๐จ๐ฆ U.S. imposes 25% tariffs on Canada & Mexico, 10% on China, while Canada retaliates with 25% tariffs on U.S. goods. ๐ฆ Central Banks: ๐๐ช๐บ ECB cuts rates to support growth, while ๐๐ฏ๐ต BOJ hikes rates, signaling diverging global monetary policies.
๐ Key Data Releases: ๐ JOLTS Job Openings (10 AM ET): Forecast 8.68M (Prev. 8.75M) ๐ญ Factory Orders (10 AM ET): Forecast +0.2% (Prev. -0.7%)
๐ก Market Scenarios: ๐ GAP ABOVE HPZ: Initial push higher before rejecting below 6044, leading to consolidation. ๐ OPEN WITHIN EEZ: Rebound attempt, but potential rejection back into the Equity Equilibrium Zone, causing choppy action. ๐ GAP BELOW HCZ: Early dip, potential bounce, but structure favors continued weakness before stabilization.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.