415034 April 14, 2025 12:39 ICMarkets Market News
Global Markets:
Asia-Pacific markets surged Monday after U.S. President Donald Trump paused tariffs on certain consumer electronics, lifting investor sentiment. Hong Kong led regional gains, with the Hang Seng Index climbing 2.31% and the Hang Seng Tech Index rising 2.52%. In mainland China, the CSI 300 edged up 0.47%.
Japan’s Nikkei 225 jumped 1.92%, while the broader Topix index gained 1.63%. South Korea’s Kospi added 0.98%, and the small-cap Kosdaq rose 1.82%. Australia’s S&P/ASX 200 was up 1.35% in late trading. Indian markets were closed due to a public holiday.
The tariff pause includes exemptions on smartphones, computers, semiconductors, and other components, according to U.S. Customs and Border Protection guidance issued late Friday. However, both Trump and Commerce Secretary Howard Lutnick signaled Sunday that the exemptions may be temporary. Trump stated via Truth Social that these items remain “subject to the existing 20% Fentanyl Tariffs” and are now in a different tariff category.
Several Asia-Pacific countries are preparing for trade talks with the U.S. this week. Trump is prioritizing negotiations with key partners like Vietnam, India, South Korea, and Japan as part of efforts to counter China’s influence. Japan’s top trade official Akazawa Ryosei is set to visit the U.S. for discussions with Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, according to NHK.
U.S. futures also rose, following a strong close last Friday. The S&P 500 climbed 1.81%, the Dow Jones rose 1.56%, and the Nasdaq gained 2.06%.
The post Monday 14th April 2025: Asia-Pacific Stocks Surge as Trump Eases Tariff Pressure first appeared on IC Markets | Official Blog.
415033 April 14, 2025 12:39 ICMarkets Market News
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could make a bearish continuation toward the 1st support. Additionally, the price is below the bearish Ichimoku cloud, which suggests a bearish trend
Pivot: 100.25
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 97.71
Supporting reasons: Identified as a support that aligns with the 127.2% Fibonacci extension and the 100% Fibonacci projection, indicating a potential area where the price could stabilize once again.
1st resistance: 101.90
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise towards the pivot in the short term before reversing off and falling towards 1st support
Pivot: 1.1526
Supporting reasons: Identified as a pullback resistance that aligns with the 100% Fibonacci projection, indicating a potential area where selling pressures could intensify.
1st support: 1.1200
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.
1st resistance: 1.1686
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish continuation toward the 1st resistance.
Pivot: 158.18
Supporting reasons: Identified as an overlap support that aligns with the 61.8% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 155.55
Supporting reasons: Identified as a swing low support, indicating a potential area where the price could stabilize once again.
1st resistance: 168.11
Supporting reasons: Identified as a pullback resistance that aligns close to the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 0.8613
Supporting reasons: Identified as a pullback support, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 0.8490
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.
1st resistance: 0.8754
Supporting reasons: Identified as a multi swing high resistance that aligns close to the 127.2% Fibonacci extension, indicating a potential level that could cap further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 1.3258
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 1.3040
Supporting reasons: Identified as a pullback support, acting as a potential level where the price could stabilize once again.
1st resistance: 1.3412
Supporting reasons: Identified as a multi-swing high resistance, indicating a potential level that could cap further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish continuation toward the 1st support.
Pivot: 189.78
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 183.04
Supporting reasons: Identified as a swing low support, indicating a potential level where the price could stabilize once more.
1st resistance: 194.70
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise towards the pivot in the short term before reversing off and falling towards 1st support
Pivot: 0.8370
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 0.7860
Supporting reasons: Identified as a support that aligns with the 161.8% Fibonacci extension, indicating a potential level where the price could stabilize once again.
1st resistance: 0.8723
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 142.01
Supporting reasons: Identified as a swing low support that aligns with the 78.6% Fibonacci projection and the 100% Fibonacci projection, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 137.93
Supporting reasons: Identified as an overlap support, suggesting a potential area where the price could stabilize once more.
1st resistance: 147.17
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 1.3817
Supporting reasons: Identified as a swing-low support, indicating a potential area where buying interests could pick up to stage a minor rebound.
1st support: 1.3610
Supporting reasons: Identified as a pullback support, indicating a key level where the price could stabilize once more.
1st resistance: 1.3946
Supporting reasons: Identified as an overlap resistance that aligns with a 23.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise toward the pivot and potentially make a bearish reversal off this level to pull back toward the 1st support.
Pivot: 0.6404
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area where selling pressures could intensify.
1st support: 0.6205
Supporting reasons: Identified as a pullback support, suggesting a potential area where the price could stabilize once again.
1st resistance: 0.6537
Supporting reasons: Identified as an overlap resistance that aligns close to a 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising toward the pivot and could potentially make a bearish reversal off this level to pull back toward the 1st support.
Pivot: 0.5911
Supporting reasons: Identified as an overlap resistance that aligns close to a 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.
1st support: 0.5794
Supporting reasons: Identified as a pullback support, suggesting a potential area where the price could stabilize once more.
1st resistance: 0.6025
Supporting reasons: Identified as a swing-high resistance that aligns close to a 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 40,856.80
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
1st support: 39,550.00
Supporting reasons: Identified as a swing-low support, indicating a potential level where the price could stabilize once again.
1st resistance: 42,629.60
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 19,513.29
Supporting reasons: Identified as a swing-low support that aligns close to a 78.6% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a minor rebound.
1st support: 18,262.80
Supporting reasons: Identified as a swing-low support that aligns close to a 78.6% Fibonacci retracement, indicating a key level where the price could stabilize once more.
1st resistance: 21,523.30
Supporting reasons: Identified as a swing-high resistance that aligns close to a 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 5,528.60
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
1st support: 5,263.40
Supporting reasons: Identified as a swing-low support, indicating a potential level where the price could stabilize once again.
1st resistance: 5,785.00
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 88,147.57
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 38.2% Fibonacci retracement, indicating a potential area where selling pressures could intensify. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
1st support: 76,555.03
Supporting reasons: Identified as a multi-swing-low support, indicating a potential level where the price could stabilize once more.
1st resistance: 94,030.59
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 1,808.68
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
1st support: 1,456.05
Supporting reasons: Identified as a swing-low support, indicating a potential level where the price could stabilize once again.
1st resistance: 2,102.09
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 62.70
Supporting reasons: Identified as a swing-high resistance, indicating a potential area where selling pressures could intensify. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
1st support: 57.62
Supporting reasons: Identified as a swing-low support, indicating a key level where the price could stabilize once more.
1st resistance: 65.96
Supporting reasons: Identified as a pullback resistance that aligns close to a 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise towards the pivot in the short term before reversing off and falling towards 1st support
Pivot: 3299.27
Supporting reasons: Identified as a resistance that aligns with the 161.8% Fibonacci extension, indicating a potential area where selling pressures could intensify.
1st support: 3137.70
Supporting reasons: Identified as a pullback support, acting as a potential level where price could stabilize once again.
1st resistance: 3513.76
Supporting reasons: Identified as a resistance that aligns with the 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
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The post Monday 14th April 2025: Technical Outlook and Review first appeared on IC Markets | Official Blog.
415032 April 14, 2025 12:30 Forexlive Latest News Market News
The dollar is keeping more mixed ahead of European trading today, with the intense selling from last week cooling off slightly. USD/JPY is still seen down 0.2% to 143.23 but well off the lows of 142.25 earlier in the day. Meanwhile, EUR/USD is flat at 1.1355 currently. While not my favourite indicator of sentiment, the dollar index is meeting a critical technical juncture in the past week:
It is testing the lows from July 2023 with the greenback haven’t been this disliked since the aftermath of the Covid pandemic.
Amid Trump’s garbled approach on tariffs, it is making it tough for investors to gain much confidence about the dollar at the moment. That speaks a lot to the extent of the disdain for the dollar especially in times when markets are seeking safe havens and Treasury yields blowing up.
As things stand, the dollar continues to be reliant on the same factors impacting broader market sentiment at the moment. And that is having to move with the flow of trade/tariffs developments.
So far today, the selling has cooled a little bit. But the danger remains ever present as further escalation by either the US or China risks keeping the dollar in this tailspin for longer.
This article was written by Justin Low at www.forexlive.com.
415031 April 14, 2025 12:00 Forexlive Latest News Market News
As a reminder, he will be busy visiting Vietnam, Malaysia, and Cambodia from 14 to 18 April. That is indirectly saying that the ball is over to Trump’s side of the court as Xi will keep doing his own thing in the meantime. And so, the game of chicken continues with both sides still engaged in a bit of dance right now.
Trump’s latest move is to separate out electronics and semiconductors to a different tariffs bucket. Meanwhile, China is seen pushing for restricting rare earth mineral exports here.
This article was written by Justin Low at www.forexlive.com.
415030 April 14, 2025 12:00 ICMarkets Market News
1
|
Ex-Dividends | ||
---|---|---|---|
2
|
14/4/2025 | ||
3
|
Indices | Name |
Index Adjustment Points
|
4
|
Australia 200 CFD
|
AUS200 | – |
5
|
IBEX-35 Index | ES35 | – |
6
|
France 40 CFD | F40 | – |
7
|
Hong Kong 50 CFD
|
HK50 | – |
8
|
Italy 40 CFD | IT40 | – |
9
|
Japan 225 CFD
|
JP225 | – |
10
|
EU Stocks 50 CFD
|
STOXX50 | – |
11
|
UK 100 CFD | UK100 | – |
12
|
US SP 500 CFD
|
US500 | 0.01 |
13
|
Wall Street CFD
|
US30 | – |
14
|
US Tech 100 CFD
|
USTEC | – |
15
|
FTSE CHINA 50
|
CHINA50 | – |
16
|
Canada 60 CFD
|
CA60 | – |
17
|
Germany Tech 40 CFD
|
TecDE30 | – |
18
|
Germany Mid 50 CFD
|
MidDE50 | – |
19
|
Netherlands 25 CFD
|
NETH25 | – |
20
|
Switzerland 20 CFD
|
SWI20 | – |
21
|
Hong Kong China H-shares CFD
|
CHINAH | – |
22
|
Norway 25 CFD
|
NOR25 | – |
23
|
South Africa 40 CFD
|
SA40 | – |
24
|
Sweden 30 CFD
|
SE30 | – |
25
|
US 2000 CFD | US2000 | 0.03 |
The post Ex-Dividend 14/4/2025 first appeared on IC Markets | Official Blog.
415029 April 14, 2025 11:39 Forexlive Latest News Market News
The one positive development over the weekend is that Trump relented on tariffs for electronics here. That said, he had to come out to clarify that a bit as they won’t be in the 145% bucket but set to be placed in a different bucket instead. When those tariffs will come about remains to be seen, but Lutnick said it may be “in a month or so”.
In any case, at least one thing is clear. That even with Trump wanting to come down hard on China, there is some line so as to not overstep. Looking at you, Apple.
For now, markets are taking things in stride with some hopeful optimism to start the new week.
S&P 500 futures are up 1% and that follows from the 5.7% gains last week – the most since the end of October last year.
However, there is a big question now posed to risk trades moving forward. Is any rally from here going to be sustainable or are we moving to a new cycle where it is a sell on rallies for risk?
Despite some better news in the past 48 hours, the global economy is still headed towards a major landscape change as Trump tariffs stay the course. Recession risks remain high and it’s still unclear what all of this is going to do to inflation, especially in the US.
The thing about Trump’s tariffs is that it has blown up the idea of markets over the past few years, that is to fade uncertainty because it is always just going to be temporary.
Now, tariffs are threatening to weigh on the global economy for a prolonged period of time with potential for things to get even worse.
That is a key risk to consider and to get a better handle of that, one has to a close watch on broader market sentiment as a whole.
US futures might be up today but long-term Treasury yields are not falling off all too much. 30-year yields are still at 4.85% and 10-year yields are at 4.47% currently. Those are at least 50 bps higher than the lows from last week, so it speaks to the level of caution and unease still prevailing.
But for now, we’re still subject to headline risks for the most part. So, let’s see what the next twist in the tale is going to be.
This article was written by Justin Low at www.forexlive.com.
415028 April 14, 2025 10:45 Forexlive Latest News Market News
China’s Ministry of Commerce responded on Sunday to the Trump administration’s move to exempt certain high-tech products—such as smartphones and computers—from steep reciprocal tariffs, calling it a limited but positive gesture.
The ministry said the exemption “represents a small step by the U.S. in correcting its erroneous unilateral approach,” referring to President Trump’s earlier imposition of tariffs as high as 145% on Chinese goods.
Beijing’s remarks suggest that while it acknowledges the move, it views the rollback as insufficient in addressing broader trade tensions.
This article was written by Eamonn Sheridan at www.forexlive.com.
415027 April 14, 2025 10:39 Forexlive Latest News Market News
Weekend headlines were dominated by Trump’s tariff reversal, with smartphones, computers, and other tech products reportedly exempted from the 145% tariff hike on Chinese goods — instead facing a trimmed 20% rate. Confusion soon followed, with conflicting statements from officials, and Trump himself muddying the waters on social media, insisting that “nobody is getting ‘off the hook’” and that “there was no Tariff ‘exception’ announced,” before later confirming the 20% figure. Trump added on Sunday evening (U.S. time) that he would announce the semiconductor tariff rate in the week ahead. The mix of abrupt policy shifts and muddled communication remains a feature of the current environment — unhelpful, but increasingly familiar.
Upon the reopening of Globex for the week, U.S. equity index futures rose.
Flying under the radar was significant news that China has halted exports of rare earth minerals and magnets, materials critical to sectors like autos, aerospace, and semiconductors.
In FX, USD/JPY slipped from around 143.75 following comments out of Japan that Finance Minister Kato and U.S. Treasury Secretary Bessent would discuss FX volatility, with both agreeing that excessive moves are undesirable.
China:
Singapore’s MAS eased policy for a second straight meeting, citing a deteriorating global outlook. The central bank said it would continue allowing a modest, gradual appreciation of the S$NEER band, but reduce the pace of appreciation. The width and centre of the band remain unchanged.
EUR/USD gapped a little lower early on Monday but rose to a high above 1.14. As of posting its back around 1.1365.
The U.S. dollar index (DXY) fell to its lowest level in three years.
In commodities:
Gold surged to a record above US$3,243.
Oil markets were supported by reports that U.S.–Iran talks progressed over the weekend, with direct (perhaps) talks expected to resume Saturday.
Finally, in geopolitics, future German Chancellor Friedrich Merz said he would be willing to send Taurus cruise missiles to Ukraine, adding that they could be used to strike high-value Russian targets — explicitly mentioning the Crimean Bridge.
USD/JPY:
This article was written by Eamonn Sheridan at www.forexlive.com.
415026 April 14, 2025 10:14 Forexlive Latest News Market News
China March dollar-denominated imports -4.3% y/y
expected -2%, prior -8.4%
China March trade balance $+102.64 billion
China Jan–Mar dollar-denominated exports +5.8% y/y, imports -7.0% y/y
China Jan–Mar dollar-denominated exports +5.8% y/y
China Jan–Mar dollar-denominated imports -7.0% y/y
China Jan–Mar trade balance $+272.97 billion
This article was written by Eamonn Sheridan at www.forexlive.com.
415025 April 14, 2025 10:14 Forexlive Latest News Market News
China Customs says it has detected salmonella in imported American poultry meats and bone meal
Such discoveries tend to happen t times of heightened trade tensions it seems.
This article was written by Eamonn Sheridan at www.forexlive.com.
415024 April 14, 2025 10:00 Forexlive Latest News Market News
Goldman Sachs cite:
Gold hit a record high today:
This article was written by Eamonn Sheridan at www.forexlive.com.
415023 April 14, 2025 09:39 ICMarkets Market News
US Stocks Rally into Weekend – Nasdaq up 2%
US stock markets rallied into the weekend on Friday, closing out another hectic week of trading. The Dow rose 1.50%, the S&P gained 1.81%, and the Nasdaq pushed up 2.06% by the end of another choppy session. US Treasury yields climbed again, locking in their biggest weekly gains in nearly two decades. The 2-year closed up 9.8 basis points at 3.960%, and the 10-year finished up 6.5 basis points at 4.490%, having touched nearly 4.6% during the day. Despite rising yields, the dollar plummeted to fresh annual lows, with the DXY down another 0.65% to close at 100.10. Oil prices rebounded, with Brent up 2.26% to $64.76 and WTI up 2.38% to $61.50. Gold continued its rally, gaining nearly 2% on the day to close at a record $3,235.66 an ounce.
Dollar and Treasuries Under Pressure from Trump
Extreme volatility has rocked global markets in recent weeks as President Trump imposed sweeping tariffs on US trading partners, triggering widespread financial panic. Two of the world’s traditional safe-haven assets—the dollar and US Treasuries—have been under pressure, with yields experiencing their biggest weekly move in nearly 20 years. Normally, such conditions would push the dollar higher. However, the US 10-year yield has surged nearly 19% from a low of 3.86% on April 4th to a high of 4.592% on Friday, while the DXY has dropped 4%, falling from 103.18 to a low of 99.01 in the same period. Traders will continue to monitor the ongoing flight from US safe-haven assets, but for now, it’s shaping up to be a “sell dollars, wear diamonds” environment.
Quiet Calendar Day to Start a Busy Week
The macroeconomic calendar is light today, so traders expect geopolitical developments to drive market flows. Despite the calm start, there’s plenty of information for investors to digest before the calendar picks up tomorrow in a holiday-shortened week. Already, China’s New Loans data (released Sunday) beat expectations (3,640 billion vs. expected 3,020 billion), which may bolster the positive sentiment from Wall Street in today’s Asian session. However, there’s little else in terms of Tier 1 data in the first two trading sessions of the week. The US session is also quiet on data releases, but we will hear from Fed members Barkin, Waller, and Harker later today, and investors will be looking for further reassurance amid current market conditions.
The post General Market Analysis – 14/04/25 first appeared on IC Markets | Official Blog.