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US stocks enter a muted open as investors' focus shifts back to earnings and US data as trade war fears subside. US jobless claims and Challenger job cuts were higher than expected ahead of tomorrow's non-farm payroll report. Amazon will report after the close and attention will be squarely on the cloud business and AI after Alphabet and Microsoft disappointed.

USD/CAD has declined more than 3% over the past three sessions, with movements favoring the Canadian dollar.

US stocks point to a weaker open on Wednesday as traders digest a slew of corporate earnings as well as ongoing trade tensions between the US and China. Alphabet is falling 7% pre-market after revenue missed forecast, the cloud computer revenue growth slowed, and worries over plans for huge capital expenditure, despite DeepSeek's cheaper AI model.

After a long session of indecision in USD/MXN movements, during which the pair surged by more than 4%, the Mexican peso has managed to recover nearly all of its losses and remains in a neutral zone against the U.S. dollar.

US stocks point to a subdued open as investors remain cautious about fears of a US-China trade war. However, tech earnings offer some distraction. Alphabet is due to report after the close, with EPS of $2.12 expected on revenue of $96.6 billion.

US stocks are set to open lower after President Trump unveiled tariffs against key trading partners over the weekend, fueling fears of a full-on trade war. The tariffs will take effect on Tuesday and include 25% duties on Canada and Mexico and 10% on China. The measures could increase inflationary pressures, giving the Fed less room to cut rates.

US stock markets are heading higher after the Fed's preferred gauge for inflation brought no nasty surprises and remained muted in December, supporting further reductions in interest rates. Apple beat forecasts on the top and bottom line, helping the share price jump by 4% pre-open.

The S&P 500 and Nasdaq 100 are heading higher after the Federal Reserve left interest rates unchanged and amid a post-earnings boost from mega-caps Meta and Tesla. Microsoft is falling after earnings. US GDP was weaker than forecast at 2.3% annualised.

US stock futures are rising amid relief in the market from a slightly more measured inauguration speech. President Trump did not lay out concrete plans for universal tariffs, bringing initial relief. Since then Trump has mentioned plans to implement trade tariffs on Canada and Mexico. Oil extends losses on Trump's plans to increase output.

U.S. stocks are heading higher on Friday, with the S&P 500 and the Dow Jones set to book the strongest weekly advances since November. Investors are waiting for further clues regarding Tump’s policies next week. Treasury yields have dipped this week and the USD has fallen, helping lift sentiment.

The EUR/USD has dropped over 8% from the peak levels seen in September 2024.

U.S. stocks are heading for a mixed start after weaker-than-expected data keeps rate cut hopes alive and as banks’ quarterly results continue to roll in. Retail sales rose 0.4% MoM and jobless claims rose 217k. However, this is a fine balance, the market won't want to see data weaken too much. Elsewhere Morgan Stanley and Bank of America continued the strong start to earnings season.

Over the past three sessions, USD/MXN declined by more than 2%, benefiting the Mexican peso.

U.S. stocks are surging higher following cooling US inflation data and after banks kick off earnings season on the front foot. US CPI rose 2.9% YoY up from 2.7% in November. Core CPI eased to 3.2% easing some inflationary worries. pulling treasury yields and the USD lower while lifting stocks. US banks kicked off earnings on a positive note with JP Morgan, Goldman Sachs and Wells Fargo posting solid profits.

Tomorrow’s CPI report seems quite important given the run-higher in U.S. Treasury yields that’s taken place even as the Fed has continued to cut. This could have an outsized effect on USD-pairs, bonds and SPX.

U.S. stocks are heading for a positive open on Tuesday, boosted by softer US PPI data ahead of tomorrow's CPI figures and by hopes of gradual trade tariffs from Trump. PPI rose 3.3% YoY in December, below the 3.4% forecast. Reports that Trump's team could adopt a gradual approach to trade tariffs are also helping the mood and bringing treasury yields modestly lower. Fed speakers are in focus later today.

USD bulls continue to push and this week brings another installment of CPI, which has been a bullish driver for the Greenback since the Fed’s start of a rate cutting cycle in September.