Global markets remain tense as US President Donald Trump reaffirmed that 25% tariffs on Mexico and Canada remain under consideration, with a final decision expected by March 3.
\ud83d\udcc9 Market Impact
- Investors haven’t fully priced in the risks, but currency markets could react more strongly as the deadline approaches.
- The USD/CAD and USD/MXN currency pairs may face near-term upside risks if tariffs move forward.
\ud83d\udcca Economic Data in Focus
- US Consumer Confidence Report (Conference Board) is expected to decline from 104.1 to 102.5—a drop below 100 could trigger a stronger market reaction.
- Richmond Fed indices will provide further insights into economic momentum, following weaker-than-expected Fed activity readings from Chicago and Dallas.
\ud83d\udcc8 Dollar Strength Amid Trade Uncertainty
- ING strategists suggest Trump is likely using tariff threats for negotiating leverage, similar to February’s delay.
- Markets are still only modestly pricing in the risk of full implementation.
Tracking Market Trends & Economic Risks
\ud83d\udd39 Sector P/E Ratio API – Analyze valuation shifts across industries amid tariff uncertainty.
\ud83d\udd39 Full Financials API – Track company financial health in response to macroeconomic risks.
With tariff tensions, economic data, and forex volatility in play, markets are poised for potential sharp movements in the coming days.
