12 March 2025 Global Index Futures

 Crude, Gold, Dow, S&P 500 and Nasdaq

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E-Mini Dow

Stock market futures were falling ahead of economic data that will further illustrate the impact of Trump administration tariffs and policies on consumer spending, inflation, and sentiment.

The Trump administration's tariffs have weighed on stocks, and there are signs of more volatility to come. A broad set of 25% tariffs on steel and aluminum imports is set to begin on Wednesday.

(News Source: DJN)

Plan A: Long only if market retraced but supported firm above 42,552. Targets around 42, 749/43,038.

Plan B: Sell only if market failed to support above 42,552. Targets around 42,368/41,968.

E-Mini S&P500 

The target is 10.6% higher than the index's last close of 5,572.07.

On Monday, the S&P 500 saw its steepest one-day drop since December 18, wiping out a staggering $4 trillion from its recent peak.

The index was briefly on track to confirm a correction on Tuesday after U.S. President Donald Trump announced fresh tariffs on Canada. Trump backpedaled on the tariffs later.

(News Source: Trading Economics)

Plan A: Long only if prices are well supported above 5,612. Targets around 5,634 /5,655.

Plan B: Short if prices failed to support above 5,612. Targets around 5,592/5,575.

E-Mini Nasdaq

Wall Street ended lower on Tuesday, extending a turbulent period of losses as uncertainty over US President Donald Trump's tariff policies continued to shake investor confidence.

The tech-heavy Nasdaq Composite retreated 0.2% to 17,436.10. The downturn followed Monday's significant plunge, which saw the Nasdaq suffer its worst single-day loss since 2022.

Despite the general market decline, the Nasdaq found some support from major tech stocks. Tesla rebounded 3.8% following Trump's announcement that he would purchase one of the company vehicles, while AI chipmaker Nvidia climbed 1.7% after suffering steep losses on Monday.

(News Source: MSN)

Plan A: Long only if market supported firm above 19,375. Targets are 19,582/19,785. Place a reasonable stop order based on the assessment of the risk and reward ratio.

Plan B: Short if prices failed to support above 19,375. Targets are 19,143/18,885.  Place a reasonable stop order based on the assessment of the risk and reward ratio.

WTI Crude Oil

WTI crude oil futures rose to around $66.3 per barrel on Tuesday, despite worries that U.S. tariffs would slow economic growth and curb oil demand. Tariffs imposed and then later delayed by U.S. President Donald Trump on major oil suppliers, such as Canada and Mexico, along with China's retaliatory tariffs, have heightened concerns over a potential economic slowdown.

Over the weekend, Trump talked about a "period of transition" for the economy but declined to predict whether his tariffs would result in a U.S. recession. Additionally, signs of economic weakness in top oil importer China weighed on crude prices after latest data showed the country’s deflationary pressures deepened despite stimulus efforts.

On the supply side, Russia's Deputy Prime Minister Alexander Novak said on Friday the OPEC+ group agreed to begin increasing oil production starting in April but indicated that the decision could be reversed if market imbalances emerged.

(News Source: Tradingeconomics)

Plan A: Consider short if market resilient to 66.55. Targets are 65.29/64.40.

Plan B: Long only if prices retraced but supported firm above 66.55. Targets are 68.11/69.29.

US Gold

Gold prices rose on Tuesday, supported by safe-haven flows as trade war concerns sapped risk sentiment across wider markets, while attention was on U.S. inflation data.

Spot gold climbed 0.8% to $2,912.88 an ounce as of 1031 GMT after hitting its lowest since March 3 in the previous session. U.S. gold futures rose 0.6% to $2,917.90.

Federal Reserve Bank of New York's latest Survey of Consumer Expectations showed inflation a year from now is seen at 3.1%, up a hair from January's 3% reading. Markets currently expect Fed to cut in rates in June.

However, gold's role as a hedge could weaken if high inflation leads to sustained higher interest rates, as it yields no interest.

(News Source: Reuters)

Plan A: Short only if market resilient to 2,935. Targets are 2,904/2,888.

Plan B: Consider long only if market retraced and supported firm above 2,905. Targets at 2,935/2,968.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of the investment.