News

• Tariffs present a major challenge, uncertainty unseen for a long time in Japan
• Difficult to assess the impact of tariffs on the economy and prices currently

It’s not just Japan but pretty much all central banks across the globe that is feeling this way. It’s the same for the Fed as well when viewing Powell’s remarks yesterday.

This article was written by Justin Low at www.forexlive.com.

• German DAX futures -0.1%
• French CAC 40 futures -0.2%
• UK FTSE futures -0.4%

There is a balance to be struck with European indices needing to catch up a little to the declines in Wall Street overnight and also the bounce in the risk mood so far today. At the balance, that is pointing to a more neutral open perhaps later in the day. S&P 500 futures are seen up 0.9% currently.

This article was written by Justin Low at www.forexlive.com.

• Markets are nervous and uncertainty is heightening
• Still two weeks until next policy meeting, need to gauge factors including tariff discussions
• No comment on forex or tariff discussions

This just adds to her remarks from earlier here.

This article was written by Justin Low at www.forexlive.com.