Indices Market News

It was Wall Street that faced the worst of Friday’s sell-off. Notably, the dollar—traditionally a haven during market turmoil—failed to stage a rally, instead tumbling as investors sought refuge in gold, the yen, and the euro. The trend suggests that confidence in the US economy is beginning to fray, with Trump’s protectionist stance raising concerns over the long-term stability of America’s growth engine.

The trade war has escalated and there is going to be a lot of back and forth from now until the April 2 “liberation day.” Against this backdrop, we will maintain a short-term bearish view on the European markets. The DAX outlook could weaken if we see further support levels break in the coming days, which could accelerate the selling pressure.

Much now hinges on Trump’s rhetoric—should he soften his tone, markets might find some relief. If not, the risk of prolonged volatility looms large, particularly as April 2 approaches—a date dubbed “liberation day” by Trump. So, the near-term Nasdaq 100 forecast remains uncertain and dependant on Trump’s rhetoric.

The relative calm seen on Wall Street these past two weeks came to an abrupt end on Wednesday in anticipation of Trump's auto tariffs. The Nasdaq led the way lower, with S&P 500 and ASX futures being dragged along for the ride.

President Trump’s April 2 “Liberation Day” plan will introduce reciprocal tariffs on countries with high trade surpluses and barriers to US goods - see what it might mean for markets!

After a bright start, the S&P 500 and Nasdaq 100 were coming off their highs, while the Dow and Russell lost their earlier gains. The loss of momentum comes after the S&P enjoyed one of its strongest days so far this year in the previous session. Clearly, investors are fearful about further volatility ahead and are happy to book profit, as the major indices test key resistance areas.

Wall Street staged a respectable bounce following Powell’s somewhat dovish tone, but—as we’ve seen in recent sessions, the gains could not hold for too long.

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this edition, we will get technical on the Nasdaq 100.

The risk-off mood is punishing ASX 200 SPI futures and AUD/JPY, but as both eye deeper downside flushes, traders face a tough call—stay short or prepare for a squeeze?

Markets shudder as Trump’s recession comments fuel risk aversion, but the warning signs were already flashing well before his remarks.

After a roller-coaster week for US stock markets, Friday saw the major indices bounced sharply off their lows to end the day on a positive note after the Nasdaq 100 had earlier dropped to the official threshold of a correction (10% from the recent high).

With USD/JPY sliding and Nasdaq 100 futures breaking trend support, the AI-fueled market shakeout may not be done yet. Will payrolls change the tide—or add to the chaos?

The question now is whether dip-buyers will make a return, as they have in recent sessions, and provide a boost to the Nasdaq 100 outlook by lifting it from a key support area. The Nasdaq and S&P 500 are both at pivotal junctures, testing their respective 200-day moving averages alongside key tech names such as Amazon, Oracle, Tesla, and MicroStrategy.

I suspect the S&P 500 and Nasdaq 100 could be looking at fresh cycle lows before they break to new record highs, but that doesn't mean they cannot post a cheeky bounce along the way.

Sentiment has been boosted because Germany’s incoming Chancellor Friedrich Merz has unveiled plans to inject hundreds of billions of euros into defence and infrastructure, which marks a significant departure from Germany’s traditionally rigid borrowing rules, fuelling optimism for a broader economic uplift across Europe. The focus is now turning to the ECB rate decision and President Lagarde’s press conference tomorrow, which could influence the DAX forecast.

US Commerce Secretary Howard Lutnick hinted at a compromise on tariffs on Tuesday, while Trump himself acknowledged that there may be an “adjustment period” to tariffs. The key question for the near-term S&P 500 outlook now is whether the recovery will hold?