Next, what you need to know on Monday, April 14:
The feeling of the market improves at the beginning of the week while investors evaluate the last holders around the commercial conflict between the US and China. The economic calendar will not have any high -impact data publication on Monday. Several managers of the Federal Reserve will pronounce speeches during US negotiation hours.
US dollar last 7 days
The lower table shows the percentage of change of the US dollar (USD) compared to the main currencies last 7 days. American dollar was the weakest currency against the New Zealand dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -3.92% | -2.11% | -2.12% | -2.98% | -4.51% | -5.19% | -4.83% | |
| EUR | 3.92% | 2.18% | 2.52% | 1.61% | -0.66% | -0.70% | -0.34% | |
| GBP | 2.11% | -2.18% | -0.96% | -0.56% | -2.78% | -2.82% | -2.46% | |
| JPY | 2.12% | -2.52% | 0.96% | -0.85% | -1.49% | -1.93% | -2.43% | |
| CAD | 2.98% | -1.61% | 0.56% | 0.85% | -1.91% | -2.27% | -2.17% | |
| Aud | 4.51% | 0.66% | 2.78% | 1.49% | 1.91% | -0.03% | 0.33% | |
| NZD | 5.19% | 0.70% | 2.82% | 1.93% | 2.27% | 0.03% | 0.37% | |
| CHF | 4.83% | 0.34% | 2.46% | 2.43% | 2.17% | -0.33% | -0.37% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the US dollar of the left column and move along the horizontal line to the Japanese yen, the percentage change shown in the box will represent the USD (base)/JPY (quotation).
The administration of US President Donald Trump granted some exemptions to technology imports, including smartphones, computers, laptops and disc units, of high tariffs reciprocal imposed on China. These products will be subject, as reported, to the existing tariffs of 20% on China, which were related to the fentanyl crisis in the US, and will be excluded from additional 125%. However, US Secretary of Commerce, Howard Lutnick, said in an interview with ABC News on Sunday that these products, along with semiconductors, will face new separate taxes in the next two months. After this development, the futures of the US stock market indices are deemed decidedly upwards in the European morning on Monday. At the time of publication, Nasdaq’s futures rose 1.7% in the day.
He US Dollar Index (USD)which tracks the USD yield against a basket of six main currencies, lost about 3% last week and touched its lowest level since April 2022 about 99.00. After a technical correction when entering the weekend, the USD index struggles to maintain its position on Monday and remains in negative territory below 99.30.
During the Asian negotiation hours, China’s data showed that China’s commercial surplus was reduced to 102.64 billion dollars in March from 170.51 billion dollars in February. In annual terms, exports grew by 13.5%, while imports fell 4.3% in March. After winning more than 4% the previous week, AUD/USD He continues to push up and was last seen rising around 0.65% in the day to 0.6330.
GBP/USD It benefits from the persistent sale pressure that surrounds the USD and quotes above 1,3150 in the European morning. The United Kingdom National Statistics Office will publish Employment Data on February on Tuesday.
After losing more than 2% last week, USD/JPY It is maintained under bearish pressure and trades about 142.50 to start the European session. Earlier in the day, Japan data showed that industrial production expanded 2.3% in monthly terms in February, below the market expectation of an increase of 2.5%.
Gold He won more than 6% the previous week and played a new historical maximum of $ 3,245 on Friday. After a bearish opening in the new week, Gold reversed its traction and tested the historical maximum before entering a consolidation phase. At the time of the publication, the Xau/USD was marginally quoted down on the day about $ 3,230.
EUR/USD It remains firm and listed in positive territory about 1,1400 in the European morning after more than 3.5% has risen last week. Eurostat will publish industrial production data on February on Tuesday.
Commercial War between the US and China Faqs
In general terms, “Trade War” is a commercial war, an economic conflict between two or more countries due to the extreme protectionism of one of the parties. It implies the creation of commercial barriers, such as tariffs, which are in counterbarreras, increasing import costs and, therefore, the cost of life.
An economic conflict between the United States (USA) and China began in early 2018, when President Donald Trump established commercial barriers against China, claiming unfair commercial practices and theft of intellectual property by the Asian giant. China took retaliation measures, imposing tariffs on multiple American products, such as cars and soybeans. The tensions climbed until the two countries signed the Phase one trade agreement between the US and China in January 2020. The agreement required structural reforms and other changes in China’s economic and commercial regime and intended to restore stability and confidence between the two nations. Coronavirus pandemia diverted the attention of the conflict. However, it is worth mentioning that President Joe Biden, who took office after Trump, kept the tariffs and even added some additional encumbrances.
Donald Trump’s return to the White House as the 47th US president has unleashed a new wave of tensions between the two countries. During the 2024 election campaign, Trump promised to impose 60% tariff particularly in investment, and directly feeding the inflation of the consumer price index.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
