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Trump Threatens EU With 50% Tariffs, Takes Aim at Apple; Dow Drops — WSJ

By Joe Wallace President Trump launched new broadsides in his tariff campaign, threatening to impose a 50% rate on the European Union within days, and[…]

USD/JPY: Yen on Track for 8th Gain in a Row After Japan’s Bond Yields Hit All-Time High

Key points: Record borrowing costs for long-term debt were driving traders to the yen in hopes that more money could flow into Japan. 🚀 Eight Days’[…]

XAU/USD: Gold Ticks Up Above $3,300 as Dollar Decline Boosts Safe-Haven Demand

Key points: It’s a strong week for gold — precious metal is up more than 3% since Monday as traders are pivoting out of the[…]

EUR/USD: Euro Cracks Through $1.1250 as Dollar Pulls Back on Rating Downgrade Fears

Key points: Major currency pair was marching higher early Tuesday, seeking to ride out an upswing for the second day in a row. Quiet days[…]

META: Meta Stock Can’t Rebound for Days After News Native ‘Behemoth’ AI Model Is Delayed

Key points: Is Zuckerberg in trouble or is that another opportunity to buy the dip in big tech? According to WSJ, Meta’s engineers can’t come[…]

USD/JPY: Yen Gains Against Dollar as Japan’s Economy Shrinks for First Time in a Year

Key points: GDP growth just wasn’t there for Japan in the first quarter but on a year-on-year basis, the economy expanded 1.7%, helping strengthen the[…]

GBP/USD: Sterling Seesaws Near $1.33 as UK Economy Expands 1.3%, Topping Consensus Calls

Key points: British pound first shot up but then came down as forex bros digested the latest economic news out of the UK. 💪 UK GDP[…]

AAPL: Apple Stock Soars 6.1% on 90-Day Tariff Rollback. Is the Outlook Finally Bright?

Key points: US-China trade truce sparked hopes that the iPhone maker’s troubles might be over. But the company already kicked off a long and costly[…]

EUR/USD: US Dollar Flexes Against Euro as White House Slashes China Tariffs to 30% for 90 Days

Key points: Trump’s weekend in Geneva resulted in a trade deal which will also see US goods imported to China at levies of just 10%,[…]

BTC/USD: Bitcoin Eyes $100,000 as Powell’s Presser Sparks Fresh Crypto Enthusiasm

Key points: Apparently, crypto traders were eager to bid up after Fed boss Jay Powell said inflation risks are elevated and no rate cuts are[…]

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