From Investing.com: 2025-06-26 03:33:00

The recent two-day risk-on rally in the US stock market is losing steam as focus shifts to upcoming economic data, Fed policy, and tariff developments. Attention is on the expiration of the White House’s 90-day pause on reciprocal global tariffs (excluding China) on 9 July. On Wednesday, US equity benchmarks saw early gains fade by the close, with the Russell 2000 and S&P 500 underperforming. Asian markets were mixed, with Japan’s Nikkei outperforming. Fed Chair Powell remained cautious about the inflationary impact of tariffs. The US dollar weakened further, while the Euro and Sterling hit multi-year highs. Gold held steady above support amidst dollar weakness. The Nikkei 225 saw a bullish breakout from a 7-week range, indicating a potential up move.



Read more at Investing.com: US Dollar Nears Key Breakdown Level While Nikkei 225’s Bullish Breakout From Range