This week could be a game-changer for traders. Two major events are happening on the same day—Wednesday, July 9—that may trigger big price moves in forex, stocks, and commodities.
First, US President Trump is expected to announce a new wave of tariffs on several foreign countries. This marks the end of a 90-day pause and could reignite global trade tensions. Second, the US Federal Reserve (The Fed) will release its FOMC meeting minutes, which could offer fresh insight into interest rate plans and economic conditions in the US
Both events carry the potential to shake markets. Here’s what you need to know and how to prepare.
New US Tariffs Could Shake Global Trade and Markets
What’s Happening on July 9?
On July 9, President Trump is expected to send formal notices to several countries, announcing new tariffs on their goods. This move ends a 90-day break on what he calls “Liberation Day” tariffs—his administration’s aggressive trade stance meant to protect US industries.
This policy shift may reignite trade wars, create fresh supply chain disruptions, and put pressure on global stock markets.
Which Sectors Are Most at Risk?
Some industries are more sensitive to trade changes than others. Here are sectors to watch:
- Retail and Consumer Goods: These industries rely heavily on imported products and materials. New tariffs could raise their costs and shrink profit margins.
- Technology: Many tech companies depend on global supply chains. Tariffs on components or finished goods could disrupt production and sales.
- Automotive and Industrial: Car manufacturers and machinery producers with international supply chains may face price increases or delays.
Will Your Trades Be Affected?
If you trade forex, indices, or stocks linked to companies with international exposure—especially in the US, EU, Japan, or Mexico—pay close attention. A surprise tariff announcement could cause:
- Stock sell-offs in affected sectors
- Increased demand for safe-haven assets like gold or the US dollar
- Volatility in currency pairs tied to targeted countries (e.g., USD/JPY, USD/MXN, EUR/USD)
Markets will react based on three key factors:
- Scope – How many products or industries are targeted?
- Timeline – When will the tariffs take effect?
- Trading partners – Are major economies involved?
If the tariffs are broad and immediate, expect stronger market reactions.
Fed Meeting Minutes: Fresh Clues on US Interest Rates
Why the Fed Minutes Matter
Also on July 9, the Federal Reserve will release minutes from its most recent policy meeting. This document shows what Fed members discussed when setting interest rates and their view of the US economy.
For traders, the minutes are like reading between the lines—they offer clues about future rate hikes, cuts, or pauses.
What Traders Want to Know
The Fed has been navigating tricky waters. Inflation is still a concern in the US, but recent data has been mixed. Job growth remains strong, but consumer prices are not falling as quickly as hoped.
The FOMC minutes will be closely examined for:
- Comments on inflation trends – Are price increases slowing or still sticky?
- View on labor market strength – Are jobs too hot to cool inflation?
- Internal divisions – Are Fed officials united or split on the next move?
These clues help shape market expectations around interest rates. If the Fed appears more hawkish (likely to raise rates), bond yields could spike and stock prices could dip. If the Fed sounds more dovish (leaning toward cuts), we may see rallies in risk assets and a weaker US dollar.
Double Trouble: When Trade Policy Meets Monetary Policy
Why This Combo Is Rare and Risky
It’s not often that two high-impact events land on the same day—especially ones that affect both international trade and monetary policy.
For traders, this could mean increased volatility in:
- Forex pairs – Especially those involving the US dollar, euro, yen, peso, and yuan
- Indices – Like the S&P 500, Dow Jones, and global stock benchmarks
- Commodities – Including oil and gold, which tend to react strongly to risk sentiment
The interaction of trade headlines and interest rate expectations may amplify price movements. Even if one event seems “priced in,” a surprise from the other can shift sentiment quickly.
How Vestrado Traders Can Prepare
At Vestrado, we believe in staying informed and staying ready. Here are practical tips for managing risk this week:
1. Watch the News Closely
Set alerts for:
- Tariff announcements from the White House
- Press releases or leaks about targeted countries or products
- Commentary from Fed officials after the minutes are released
2. Use Stop Loss and Take Profit Orders
With increased volatility, protecting your trades is more important than ever. Don’t leave positions exposed without a plan.
3. Be Cautious with Leverage
The more leverage you use, the more one market swing can hurt you. If you’re not sure how these events will play out, consider reducing position sizes.
4. Focus on Safe-Haven Assets (If Uncertain)
If you’re unsure where markets are headed, assets like gold or the Japanese yen may offer relative stability. These often attract traders during times of uncertainty.
Conclusion: A Critical Week for Global Traders
July 9, 2025, could be a turning point in the markets. The combination of new US tariffs and the Fed’s FOMC minutes means traders need to be alert, informed, and prepared.
Whether you’re trading currencies, indices, commodities, or company stocks, this is not the week to set and forget.
Stay on top of developments with Vestrado. Our platform provides you with real-time news, trading tools, and expert insights—so you can act confidently, even when markets move fast.
Ready to trade the news? Open your Vestrado trading account or log in now to stay ahead of market shifts this week.
