Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
The recent market reaction strongly suggests that the financial market is overreacting to all the media chatters, and we at FxWirePro would like to recommend our readers to cut through the noise and look at hard data for evidence of what actually happening.
What noise we are talking about:
This Reuters report, https://in.reuters.com/article/usa-stocks/wall-street-gains-as-trade-fears-ease-oil-prices-jump-idINKBN1JN1TF says, “At the market open, stocks rose as President Donald Trump said he will use a strengthened national security review panel — the Committee on Foreign Investment in the United States (CFIUS) — to deal with potential threats from Chinese acquisitions of U.S. technology, instead of imposing China-specific restrictions.”
Good news! Right? Wrong! Fake news or noise! The actual truth is nothing has changed.
Here is one of the Bloomberg stories https://www.bloomberg.com/news/articles/2018-06-24/u-s-plans-curbs-on-chinese-investment-citing-security-risks that suggests U.S. to specifically target China.
Bloomberg later had to clarify and redact the suggestions of the U.S. targeting only China, as the Treasury Secretary Steven Mnuchin countered the claim.
Maybe Bloomberg is right in its reporting or wrong. Maybe they have an insider; maybe they don’t. But the point is that the market is overreacting to every claim and counterclaim.
Believe in hard evidence:
The policies are pretty clear; the U.S. wants to reduce deficits, especially trade deficits. So, we strongly recommend watching the trade numbers rather than the noise around. For example, many people suggest that trade was are not healthy for the economy; so we guess the GDP/IP/CPI/NFP numbers would surely tell us.
More importantly, Trump supporters do not believe that trade wars would be bad for the economy as a whole; so it is very likely that the sentiment readings would be overly skewed and would not reflect the actual picture. That makes the hard numbers more important despite their lag.
You can check the numbers from census bureau site here, https://www.census.gov/foreign-trade/balance/c0004.html
