Positive

From Investing.com: 2025-03-05 00:12:00

Risk sentiment in Asia is set to shift after U.S. Commerce Secretary Howard Lutnick hinted at a potential compromise on tariffs with Canada and Mexico, easing some uncertainty in the market. The EUR/USD surged 1.3% due to dollar weakness, increased European military spending, and technical buying. USD/JPY rebounded sharply, with a bullish pin candle pointing towards resistance at 151. S&P 500 futures bounced off the 200DMA, but a close below could lead to further losses. Bond futures signaled a potential top, suggesting a shift in bond prices and yields.



Read more at Investing.com: EUR/USD, USD/JPY, S&P 500: Bond Bears Bite as Markets Reset Tariff Risks