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.
? 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.
? 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.
? 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
? Sector P/E Ratio API – Analyze valuation shifts across industries amid tariff uncertainty.? 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.