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[Mtl JP]

do you have an addiction weakness
–
Coming to a store near you: double-digit coffee price hikes
March 27, 2025 7:25

Summary
Companies
Consumers face price hikes of about 20% in next weeks
Roasters reeling as raw bean prices double
After 21% hike, Brazil’s 3 Coracoes raises prices by 14% – document
Supermarkets pushing back against hikes as shop shelves emptying

LONDON/NEW YORK, March 27 (Reuters) – If your favourite coffee beans have vanished from the shelves, don’t worry – they will return soon. The bad news is they will be up to 25% more expensive.

[GVI Forex 2]

US OPEN

European bourses hit on auto tariff rhetoric, DXY mixed vs peers while EGBs & USTs diverge

Good morning USA traders, hope your day is off to a great start!

Here are the top 6 things you need to know for today’s market.t

6 Things You Need to Know

The US is to impose 25% tariffs on all cars made outside of the US effective on April 2nd

Trump reiterated that reciprocal tariffs are also set for next week but stated they will be lenient

Updates which weigh on European equities with Auto names lagging, US futures mixed/firmer

DXY mixed with GBP outperforming in an attempted recovery from Wednesday’s action while JPY lags

EGBs and USTs diverge as they focus on growth and inflationary implications of the latest rhetoric respectively

Crude benchmarks lower, TTF choppy, XAU gains and base metals slip

[GVI Forex 2]

Flavor of the day are sell orders in JPY, whih has lifted USDJPY while offsets boost the EUR and others vs. the USD.

So far USDJPY has paused at 151 and EURUSD at 1.08.

[Topnine]

This is 11AM Nigerian time and the day is bright. GOLD (XAU/USD) is at price 3040. The market is set up for a bullish run . It reached to a high at price 3038 this early morning before retracing. it went bearish to the price range at 3026.62 and has since begun an upward movement. it is at 3040 area now and ready for a fresh bullish movement to price range at 3042.

Let us take a few pips and save the money in the bag. A 1-5% profit target should suffice. Don’t over leverage your Account. A word is enough for the wise.

Thsnks,
TOPNINE.

[GVI Forex 2]

USDJPY DAILY – Key resistance cited

Guenther asked yesterday whether ut was time to start building longs for a run at 157.

While 157 seems an eons away, to trigger a move higher, 151.30 would need to be broken. This week’s high at 150.94 stands in the way.

Note the up trendline.

[GVI Forex 2]

When I see USDJPY trade higher, the first thing I look at are US bond yields, which are trading higher.

It is not clear whether bonds are reacting to recent cautious Fedspeak, the risk of higher inflation from tariffs, month.quarter end portfolio rebalancing or a combination.

[GVI Forex 2]

XAUUSD 4 HOUR CHART –   Key level tested

Catching a bid but still needs to get through 3038 (tested) which still needs to be broken to end fading signs of a retracement risk and put 3047-57 in play again..

On the downside, supports at 3013 and 3007 protect the 2999 low.

 

[GVI Forex 2]

Using my platform as a HEATMAP shows

… the dollar trading mixed to lower after aextending its upside in early trading.

EURUSD range 1.0733-1.0787 so…

…if -.07 does not trade then a 4 day pattern around this level will be broken (bearish indicator).

Approaching month/quarter end rebalancing said to favor dollar buying.

XAUUSD catching a bid

Relatively light calendar

U.S. weekly jobless claims, final Q4 GDP revision, pending home sales

Otherwise it remains a Trump and tariffs headline driven market

[Mtl JP]

USDCAD 1.4278

RTRS Canada will react to Trump’s ‘attack’ soon, could impose tariffs, says Carney

OTTAWA, March 26 (Reuters) – Canada will soon respond to new tariffs on imported vehicles announced by U.S. President Donald Trump and could impose retaliatory measures against the United States, Prime Minister Mark Carney said on Wednesday.

Summary
Canada could impose retaliatory tariffs against US, Carney says
Carney to convene cabinet meeting for response strategy
Ontario Premier Ford advocates strong response to US tariffs

Carney said Trump’s move was “a direct attack” and told reporters he would be convening a high-level cabinet meeting on Thursday to decide on a response.

“We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together,” he said

we … yeah

[Mtl JP]

re 9:57 “How will impacted countries react?” hahaha,
if they i.e “countries” are stupid they will retaliate

BUT countries are NOT companies
business folks act differently from politicians – unless coerced by politicians

[Mtl JP]

…” the auto tariffs will take effect on April 2″…
– President Trump

[GVI Forex 2]

Posted in our blog

Reciprocal Tariffs Day: More Questions than Answers

[GVI Forex 2]

Trump turns up the tariff heat

Try Newsquawk for 7 Days Free

[Mtl JP]

eye on yellen
–
at risk of being accused obsessed with janet:
“CNBC
Former Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned.”

[Mtl JP]

The Treasury Department is planning to furlough a “substantial” level of its workforce

The Treasury currently has more than 100,000 employees.

srce: cnbc

[GVI Forex 2]

NAS100 4 HOUR – Leading the sell-off

NAS leading the stock sell-off that would need to break 19345 for the move to be fatal.

Otherwise, expect more volatility with downside at risk unless 20000-100 is renewed.

Only below 19345 would shift risk back to the lows

[GVI Forex 2]

US500 4 HOUR =  5600-5800?

As I have been saying all week, US500 would need to regain 5800-10 to build momentum… in this regard it has failed, leaving a  void after 5752 was broken..’

On the downside, there is a double bottom at 5597 and only through there would shift the risk back to the low.

If 5600-5800 becomes the range, then te 5700 midpoint will set its tone.

 

[Belgrade Bobby]

NIO Inc.

Supports: 4.10, 4.00 & 3.60

Resistances: 4.30, 4.40 & 4.50

Pressure is on the downside.

 

[Mtl JP]

(AP) — President Donald Trump on Wednesday will announce tariffs on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. March 26, 2025

Leavitt said the tariffs would be detailed at a 4 p.m. EST news conference

[Belgrade Bobby]

XAUUSD – Gold Daily

Resistances: 3025.00, 3035.00 & 3055.00

Supports: 3010.00, 3000.00 & 2980.00

Last 4 days we have higher lows ( you can draw a trendline) , and because of it I wouldn’t be surprised to see another test of highs.

Think of 3000.00 as a breaking point to the downside.

 

[Author]

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