From Investing.com: 2025-02-26 05:09:00

As the March 4 deadline for tariffs on Canada and Mexico looms, President Trump’s tough stance casts a shadow over risk sentiment. Meanwhile, the US-China trade battle escalates with a looming 25% tariff on Chinese imports. Ukraine signs a rare earth minerals deal with the US, awaiting confirmation in Washington. On Wall Street, weak US consumer confidence data leads to a selloff, with the tech-heavy Nasdaq suffering four consecutive negative sessions. Nvidia’s earnings report may further test market risk appetite amid uncertainty.

Market expectations now price in 55bps of Fed easing in 2025, with two rate cuts expected in July and December. Despite the risk-off sentiment, safe-haven assets like the dollar and gold record losses, while oil and cryptos plummet. Oil prices dip below $70, influenced by tariff talks and weak US data, while the cryptocurrency market struggles to recover from recent setbacks. The outlook for both oil and cryptocurrencies remains uncertain amidst ongoing market volatility.



Read more at Investing.com: Markets Try to Find Their Footing After a Risk-Off Session