In the coming week, geopolitical themes will once again take center stage for investors. The market awaits the first results of trade negotiations conducted by the U.S. with foreign partners, hoping for an easing of the current restrictions. At the same time, the quarterly earnings season continues in the United States. Interesting macroeconomic data will also be published, such as PMI indicators for the services and manufacturing sectors. For this reason, in the coming days, it is worth paying special attention to instruments such as US500, GOLD, and JP225.
US500
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appFor the U.S. stock market, issues related to international trade and the ongoing earnings season remain key. The escalation of the trade conflict with China and mixed signals from talks with other trade partners maintain a high level of uncertainty. Nevertheless, the White House has repeatedly signaled that negotiations are proceeding successfully and that the first agreements may be signed soon. Progress in trade talks will certainly be closely watched by investors around the world. In the coming week, we will see the results of companies such as Tesla, SAP, GE, Philip Morris, IBM, and Alphabet. Although the impact of tariffs may not yet be visible in the reports for the first quarter of 2025, investors will closely analyze forecasts and revisions of expectations for the rest of the year.
GOLD
Gold is gaining value due to the intensification of the trade war between the U.S. and China and controversial statements by Donald Trump, including those about a possible replacement of Fed Chairman Jerome Powell. These factors have led to another record capital inflow into gold, which has surpassed the level of 3350 USD per ounce. Further developments in the geopolitical situation may support continued price increases. On the other hand, a potential easing of tensions could result in a price correction. One thing is certain — we should expect continued volatility in the gold market in the coming week.
JP225
This week, Donald Trump announced that trade negotiations with Japan are going very well. According to his statements, the first effects of the talks and the publication of preliminary agreement terms can be expected soon. Similar declarations were also made by other representatives of the White House. Progress in U.S.–Japan talks will be closely monitored by investors and may serve as a trigger for volatility in the JP225 index.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
