Brent finds scant relief from China’s softer tariff tone

  • Brent set for weekly drop, despite China's reportedly softer tariff tone
     
  • Oil's rebound from 4-year low thwarted by 21-day SMA, key Fib level
     
  • Brent's upside limited by persistent trade war fears
     
  • Another bumper-sized OPEC+ output hike could send Brent below $60 again

 

Oil Brent Trade Tensions China President Trump OPEC+

Gold bulls taking justified breather below record high

  • Spot gold easing away from near-$3500 record high
     
  • US, China showing some restraint in ongoing trade conflict
     
  • Gold still in supportive environment; further declines could invite more buy-the-dip action
XAUUSD Gold safe haven Trade Tensions Donald Trump China Recession

Trade Talk Turns Tame. Is the US500 Buying It?

  • US500 gaps up +1.35% on trade optimism.
     
  • Trump softens stance on China, Powell; Bessent signals possible China de-escalation.
     
  • US PMIs & Fed Beige Book may drive next short-term moves
     
  • If 21-SMA resistance is conquered, US500 could soar over 100 index points

 

Donald Trump Trade War Tariffs Fed Chair Jerome Powell US500 Stock Market indices

This Week: Can NAS100 stay above 18k?

  • NAS100 now testing 18,000 psychological level for critical support
     
  • April 22nd: Tesla earnings due after US markets close; stock could move 8% up/down after
     
  • April 23rd: IBM earnings due after US markets close; stock could move 7.1% up/down after
     
  • April 24th: Alphabet earnings due after US markets close; stock could move 5.4% up/down after

Brent jumps ~3% on US sanctions & supply fears

 

  • US sanctions against Iran tighten supply outlook
     
  • OPEC+ enforces compliance cuts
     
  • Demand forecasts downgraded
     
  • Mixed US inventory picture
     
  • ~5% weekly gain before holiday

 

Brent Brent crude BRN

Gold retracts from its all-time high

 

Gold Bullion XAUUSD

EU50 Index rebounds ahead of ECB rate decision

 

EU50 ECB

USD index slides 10% YTD, eyes key economic data & J. Powell speech

 

US Dollar Index USDInd US Dollar

This Week: Tariff tensions & data-driven market volatility

 

Week Ahead RBA Earnings NAS100 ECB

Oil prices dip as demand outlook weakens

 

Brent crude Brent BRN
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