losing
- Dow Jones returned to the weekly red zone on Friday.
- President Trump increased recent tariff threats, attacking Canadian goods with recent import fees.
- Investor’s sentiments remain entwined in a constantly changing trade policy environment.
The industrial average Dow Jones (DJIA) threw a two -day recovery on Friday, testing again below 44,400 levels, because the actions struggle with a recent reality in which trade tariffs exist in a quantum state, prone to appearance and disappearance at the time of notification. President Donald Trump was occupied this week, establishing a number of recent tariff threats to a lot of countries after re -suspended “mutual” tariffs announced in April.
President Trump collects additional double -digit tariffs on US key sales allies, including South Korea, Japan, and now Canada, and also threatens a 50% tariff on all copper imports to the USA. The recent round of tariff threats is to come into force on August 1, unless the countries successfully negotiate acceptable trade agreements with the Trump administration, the same day on which the “mutual” Trump’s tariffs will announce at the beginning of April. The ads of the tariff from the day of liberation were quickly suspended for 90 days, which was then expanded to August 1 during the departure to the date of July 9.
The stock markets ended on the back foot despite testing recent ups in the middle of the week. Investors are preparing to start the Q2 earnings season, as well as the fresh round of consumer price inflation (CPI) next Tuesday. CPI inflation in June is expected, which will make it hard to enter the Federal Reserve (FED) to enter a recent cycle of rates, to the terror of President Trump and some Fed decision -makers, who tilted towards the reduction of summer rates in effort to make more attractive as potential elections to replace the Fed Ceed Fed. Jerome Powell When the term Fed Head ends next year.
Dow Jones price forecast
Dow Jones remains restricted below 45,000 main price handles, and this week short-term transformers on the fresh stubborn rush this week on the agility of geopolitical rocks, maintaining bidding in the intention range in the 44,400 region. Despite losing this week, Dowy remains heavily buried in Bull Country, sales well in the north of 200 movable average (EMA) near 42 330.
Dow Jones Daily Table
Economic indicator
Consumer price index (Yoy)
Inflation or deflation tendencies are measured by the periodic sum of the price of representative goods and services and presenting data as a consumer price indicator (CPI). CPI data is compiled monthly and issued by Department of US Labor statistics. Yoy reading compares the prices of goods in the month of reference to the same month a year earlier. CPI is a key indicator of measuring inflation and change of shopping trends. In general, high reading is perceived as stubborn for an American dollar (USD), while low reading is seen as a bear.
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