Headwinds picking up steam, Gold rising

Important news this week

Wed, 25th, 01:30 CET AU Consumer price index.
Wed, 25th, 03:00 CET US President Trump speech.
Thu, 26th, 14:30 CET US Unemployment claims.
Fri, 27h, 14:30 CET CA Gross domestic product.
Fri, 27th, 14:30 CET US Producer price index.

US tariffs

According to the recent ruling of the Supreme Court in the US the tariffs, which had been implemented in April last year, were deemed illegal. Other countries might now start to claim payments back from the UNited States, which could in itself add a lot of uncertainty moving forward. Yet, President Trump implemented new tariffs, which will be in effect from Tuesday this week and remain for the next 150 days. Stock markets might start to weaken based on this uncertainty. Institutional investors rather remain on the sidelines, while seemingly only retails traders buy during the current market. In general a correction in stocks should be expected at the headwinds keep increasing.

Market talk

The Dollar is starting slightly weaker into the week and this seems to also support the Gold market. The precious metal might also strengthen based on geopolitical tensions. Silver keeps pushing higher as well but might face a correction if tensions increase. In particular an attack of Iran might cause SIlver to push lower, while this could be a reason of a correction in the equity market. The crypto market offers no signs of positivity but instead is inching lower again. The German DAX might break higher if the technical resistance of 25.300 points can be broken through. The same might be observed with the Dow Jones Industrial index if it can break the 50,000 points mark.

Tendencies in the markets

• Equities mixed, USD positive, crypto weaker, oil sideways, Silver positive, Gold positive.