Also, 10-year T-note, gold, crude oil and Japanese yen futures
- Nasdaq 100 E-mini futures (/NQ): +1.88%
- 10-year T-Note futures (/ZN): +0.27%
- Gold futures (/GC): -2.01%
- Crude Oil futures (/CL): -1.53%
- Japanese Yen futures (/6J): -1.28%
The half-life between tariff announcements continues to shorten. Last week’s announcement by President Donald Trump of 50% tariffs on the European Union was unwound over the weekend, paving the path for a rebound in risk appetite — buy America — across the board. Stocks are trading higher led by the Nasdaq 100, while bond yields are lower at the long-end of the curve. The US dollar has perked up, particularly against the euro and the Japanese yen, while gold prices have cratered. The “boy who cried wolf” mentality that defined markets with respect to tariffs in January and February seems to be back.
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Symbol: Equities |
Daily… |
