United States (US) President Donald Trump said on Friday he is deeply disappointed of certain members of the Supreme Court after it ruled that his sweeping tariffs are illegal. In a press conference in Washington DC, Trump has vowed to impose a 10% “global tariff” using an alternative law. 🔗 Source 💡 DMK Insight Trump’s vow for a 10% global tariff could shake markets—here’s why. The Supreme Court’s ruling against his tariffs signals a significant shift in trade policy, potentially leading to increased volatility in forex and commodity markets. Traders should watch how this impacts the USD, as tariffs often lead to currency fluctuations. If Trump follows through with the global tariff, expect reactions from major trading partners, which could escalate into broader trade tensions. This might not just affect the USD but also commodities like gold and oil, as tariffs can influence demand dynamics. On the flip side, while some traders might see this as a bearish signal for the USD, others could view it as a buying opportunity if they believe the market will stabilize after the initial shock. Watch for key levels in USD pairs, particularly against the EUR and JPY, as these could reveal sentiment shifts. Keep an eye on the next few weeks for any retaliatory measures from other nations, which could further complicate the trading environment. 📮 Takeaway Monitor USD pairs closely; a 10% global tariff could trigger significant volatility, especially against the EUR and JPY in the coming weeks.

UOB Global Economics & Markets Research highlights that Thailand’s economy remains a low‑growth, low‑inflation outlier, even as authorities project modest improvement in 2026 and 2027. 🔗 Source 💡 DMK Insight Thailand’s low-growth, low-inflation status is a double-edged sword for traders right now. While authorities anticipate a modest uptick in 2026 and 2027, the current economic stagnation could lead to volatility in the Thai Baht and related assets. Traders should be cautious, as this environment often leads to lower risk appetite among investors, impacting capital flows. If you’re trading the Baht, watch for any shifts in monetary policy or economic indicators that could signal a change in this trend. The broader Asian markets could also react, especially if Thailand’s situation prompts shifts in investor sentiment towards neighboring economies. Keep an eye on key support and resistance levels in the Baht, as any unexpected news could trigger sharp moves in either direction. 📮 Takeaway Monitor Thailand’s economic indicators closely; any signs of growth could shift sentiment and impact the Baht significantly.

United States CFTC S&P 500 NC Net Positions: $-177.8K vs previous $-105.1K 🔗 Source 💡 DMK Insight CFTC data shows a significant shift in S&P 500 net positions, and here’s why that matters: The latest figures reveal a net position of $-177.8K, a stark increase from the previous $-105.1K. This growing bearish sentiment among traders could indicate a lack of confidence in the market’s upward momentum, especially as we approach critical economic indicators like upcoming inflation reports. If this trend continues, it could lead to increased volatility in the S&P 500, impacting related assets like ETFs and options tied to the index. Traders should keep an eye on the $4,200 resistance level; a failure to break above this could trigger further selling pressure. But here’s the flip side: if the market manages to stabilize and break through that resistance, we could see a short squeeze that catches these bearish positions off guard. So, watch for any signs of reversal in sentiment, particularly in the next weekly candle close. The key takeaway is to monitor the CFTC data closely for shifts in positioning, as they can often precede larger market moves. 📮 Takeaway Watch the S&P 500’s $4,200 resistance level closely; a failure to break above could trigger more selling pressure amid growing bearish sentiment.

United Kingdom CFTC GBP NC Net Positions declined to £-42.4K from previous £-25.8K 🔗 Source 💡 DMK Insight The drop in CFTC GBP NC Net Positions to £-42.4K signals a bearish shift among traders. This decline from £-25.8K indicates that sentiment is turning more negative, which could lead to increased selling pressure in the GBP. For day traders and swing traders, this is a crucial moment to reassess positions, especially if you’re holding long GBP trades. Watch for potential support levels around recent lows, as a breach could trigger further declines. The broader context shows a market grappling with economic uncertainty, which might amplify volatility in the GBP. Keep an eye on correlated assets like GBP/USD; a continued drop in net positions could lead to a stronger dollar as traders flee to safety. The flip side? If the market overreacts, a short squeeze could occur if positions are unwound quickly. So, monitor the sentiment closely and be ready to pivot if the technicals suggest a reversal. 📮 Takeaway Watch for GBP/USD reaction around key support levels; a breach could signal further downside as bearish sentiment grows.

Japan CFTC JPY NC Net Positions: ¥13K vs ¥-19.1K 🔗 Source 💡 DMK Insight The shift in Japan’s CFTC JPY net positions from ¥-19.1K to ¥13K is significant for traders: it signals a potential bullish sentiment shift in the yen. This change indicates that traders are increasingly optimistic about the JPY, which could lead to a stronger currency against major pairs like USD/JPY. If this trend continues, we might see a test of key resistance levels, particularly if the yen can hold above recent highs. Watch for any economic data releases from Japan that could further influence these positions, as they might either reinforce or undermine this sentiment. On the flip side, if the yen fails to sustain this momentum, it could lead to a quick reversal, especially if global risk sentiment shifts negatively. Keep an eye on the ¥13K level as a potential pivot point; a drop back into negative territory could signal a bearish reversal for the yen. 📮 Takeaway Monitor the ¥13K net position closely; a sustained bullish sentiment could strengthen the yen against the dollar, impacting USD/JPY trading strategies.