Stocks pop higher, dollar up on thislatest headline as news algos any gkimmer of hopoe oif a trade war thaw

Using my platform as a HEATMAP shows…

… the dollar trading blower as a fresh bout of weaker stocks sets a risk off mood
The catalyst: tariffs news led by…
Nvidia shares falling sharply after hours as the White House restricts chip sales to China
Gold surges to another record high
Looking ahead: U.S. retail sales (but data is old news!, BoC rate decision
FWIW
In latest media crackdown, White House limits newswire access to Trump
April 15 (Reuters) – Wire services including Reuters and Bloomberg News will no longer hold a permanent slot in the small pool of reporters who cover President Donald Trump, the White House said on Tuesday, as it moves to exert greater control over who gets to ask him questions and report on his statements in real time.
The decision comes after the Trump administration last week lost a court challenge brought by another wire service, the Associated Press, over its earlier exclusion from the press pool.
1) China’s first-quarter GDP growth beat expectations, underpinned by solid consumption and industrial output even as policymakers brace for the impact of U.S. tariffs. rtrs
2) Chinese exporters on Rednote ask local consumers to buy goods meant for US
3) China appoints new top trade negotiator amid US tariff war
– BEIJING, April 16 (Reuters) – China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with the U.S., replacing veteran trade tsar Wang Shouwen with the Chinese envoy to the World Trade Organization.
That some attitude … !! has been — really ?
Tokyo has ‘many cards’ to play in U.S. tariff negotiations, says Japanese economic advisor cnbc
Japan has “many cards” to play in tariff negotiations with the United States, according to Takeshi Niinami, senior economic advisor to Japan’s prime minister.
He pointed out that Japan has been the biggest foreign investor in the U.S. and the largest holder of U.S. Treasury bonds.
His comments comes ahead of a three-day trip by top negotiator Ryosei Akazawa to the U.S. for talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. …/..
Is this an escalation or the trade war or trying to force Chima to negotiate?

Trump Presses China to Make Tariff Offer to Calm Trade War – Tue, April 15, 2025 at 2:23 p.m. EDT
President Donald Trump called on China to reach out to him in order to kick off negotiations aimed at resolving the escalating trade fight between the world’s two largest economies.
“The ball is in China’s court. China needs to make a deal with us. We don’t have to make a deal with them,” White House Press Secretary Karoline Leavitt said Tuesday, reading what she said was a statement Trump dictated.
“There’s no difference between China and any other country except they are much larger, and China wants what we have, what every country wants, what we have — the American consumer — or to put another way, they need our money,” the statement continued.
The comments are a fresh sign the US and China continue to dig in their heels, indicating there is no end in sight to fight that has seen both sides raise trade barriers to staggering levels …/..
President Donald Trump is exploring whether the law allows him to deport United States citizens to prisons in Central American countries, the White House said.
Trump has said he would like to send “homegrown criminals” to a notorious prison in El Salvador, where the U.S. has already deported some non-citizens.
Trump administration officials claim they cannot compel El Salvador to return Kilmar Abrego Garcia, who was deported from the U.S. to his native country due to an admitted administrative error.
EURUSD popped higher along with EURGBP on this headline (stocks dipped)

CDA CPI miss on downside… USDCAD up but not too far… see our Economic Calendar
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