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The New Trade War and Market Gaps: A Closer Look

Writer's picture: Lepus Proprietary TradingLepus Proprietary Trading

Recent developments suggest that trade tensions between the United States and its key partners—Mexico, Canada, and China—have reached a new level of intensity. Following President Trump’s statements, covered by both Reuters and Bloomberg, global markets reacted with significant volatility this week.


Striking Gaps in the Markets

Monday’s open was marked by extensive weekend institutional selling, resulting in notable price gaps across multiple instruments. A few prime examples include:

  • DAX Index: The German DAX index surged open with a substantial 270-point gap. This move caught many traders off guard, as it is quite rare to witness such a large gap on open.

  • EUR/USD: In the Forex market, EUR/USD opened with a 100-pip gap, reflecting the heightened uncertainty gripping global investors.

  • MXN/USD: The Mexican peso faced particular pressure, with gap almost closing today.

  • USD/CAD: While this pair also opened with a gap, it managed to close by the end of the session, demonstrating how rapidly market sentiment can shift.


These gaps underscore the broader market anxiety tied to escalating tariff announcements and geopolitical maneuvering.


Trump’s Strategy of Shock

Although there were initial signs of temporary pauses in negotiations with Canada and Mexico, many analysts now view them as part of President Trump’s broader strategy to apply sudden pressure. By introducing potential tariffs or threatening new measures, the administration aims to compel foreign leaders to act decisively rather than engage in prolonged negotiations that may yield few tangible results.


Benefiting from Volatility

At Lepus Prop Traders, we welcome volatility because rapid market movements can present lucrative trading opportunities. By staying vigilant and flexible, we have been able to capitalize on these significant gaps, turning uncertainty into robust returns.


What Lies Ahead?

With the administration continuing to signal readiness for additional tariffs, the prospect of further volatility in equities, currencies, and commodities remains high. Market participants would be wise to remain informed and responsive as developments evolve—swift actions, strategic thinking, and disciplined risk management are key to navigating these unpredictable conditions.


Disclaimer: This blog post is based on publicly available information and reflects the perspectives of Lepus Prop Traders. It is intended for informational purposes only and should not be construed as financial or investment advice. Always conduct thorough research or consult a professional before making trading or investment decisions.

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