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About: anakin

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According to Bessent, the US economy is fragile, reliant on government spending and job growth.

US Treasury Secretary Bessent warns of a fragile economy, citing high spending and government-driven job growth concerns.

Following Trump’s tariff remarks, CAD stabilises as short-term volatility increases ahead of the deadline.

CAD volatility rises with tariff concerns; USD resistance at 1.4250/60, support at 1.4150/75, potential shift ahead.

The NASDAQ index fell for four consecutive days, dipping below its 100-day moving average.

NASDAQ falls for fourth day, dropping below 100-day moving average, signaling increased selling activity despite optimism.

Scotiabank’s strategist observes the US Dollar fluctuating as risk appetite declines against major currencies.

USD trades unevenly as risk appetite declines; tariffs impact yields. Key data releases include housing and confidence.

Technology faces declines, while healthcare and financial sectors showcase resilience, prompting cautious investor optimism.

Technology and semiconductor stocks decline, while healthcare, financials, and utilities rise. Investors may favor resilient sectors.

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