Lam Research’s bullish trend persists; wave IV correction offers entry before potential wave V move to all-time highs.
Kevin Hassett highlights 24 trade deals nearing completion, predicts market stability and praises UK deal model.
Gold prices dropped below $3,300 as trade optimism and Powell’s comments reduced demand for safe-haven assets.
Nasdaq futures remain range-bound; key levels signal potential breakouts. Mean reversion likely dominates today’s trading strategy.
The Euro gains slightly, stays below 1.13; ECB hints at June cuts amid tense EU-US trade.
New York Fed’s Williams highlights uncertainty, transformation; stresses central bank independence benefits; no policy details provided.
Mexico consumer confidence plunges; gold rises amid global tensions; markets await US-China trade talks, CPI data.
Canadian job growth expected amid economic slowdown; unemployment slightly rising, rate cut probability at 46%.
USD shows limited momentum near 7.2600 against CNH; range trading likely amid resistance and support levels.
Forex focus: EURUSD, USDJPY, GBPUSD as Fed weighs tariffs, inflation, and economy’s resilience amid uncertainty.
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