Date 25 Apr 25 (Fri) : Is U.S. indexes on Technical Rebound?
- Ada Tam Ying Ying
- Apr 25
- 1 min read
After the denial of tariff negotiation with U.S. from China, will Dow Jones face technical resistance at 40,000 level? Beside looking at the movements of the 3 big U.S. indexes, I suggest investors look at the following indicators closely for market movement directions:
Forex Market : Pound sterling, Euro, Swiss Franc
USD/JPY
10-years Treasury Bills
Oil & Gold price
And the entire market is waiting for what Powell will say in the coming FOMC meetings (May. 6-7), and FOMC being the main monetary policy-making body of the Federal Reserve, is designed to be independent. Therefore, it will likely keep the interest rate unchange even there's political pressures. Therefore, the market still eye on the trade tensions between US and China, can be eased off anytimes soon.
Events to be watched out in the 2nd half of Q2 :
FOMC Meeting on June. 17-18
US risks default as soon as August without debt-ceiling action, CBO estimates
To take note :
Beige Book Flashes Multiple Warnings About Who Pays for Tariffs Uncertainty around trade policy 'pervasive' across reports, Fed Beige Book finds
Take note of Tesla Q1 result:
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