By Krishna Kumar — Apr 02 - 07:12 PM
• USD/JPY down 0.7% in Asia, extends Wednesday's decline as risk sours
• Markets slump as Trump unveils steeper-than-expected tariffs
• Wall Street futures hit hard; S&P E-Mini hits lowest since September
• Nikkei futures decline 4.2%, hit lowest since Aug 9
• 24% tariffs on Japan, total of 54% on China; markets brace for trade war
• Wednesday range 149.10-150.49, Thursday Asia range 148.15-149.25
• Support 148.18-148.33, Mar 20 low and 76.4% of 146.545-151.215 rally tested
• Break opens 147.75; resistance 148.60-70, 149.00-10
Countries most exposed to U.S. auto tariffs:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters