U.S. Trade Representative Reportedly Says U.S.-China Trade Talks Have Produced a 'Deal'
Dow Futures Rally Over 400 Points As US, China 'Come To Agreement' In Geneva Trade Talks
Is it another Crazy Monday? After bullish news came out from China and the United States, signs of a major rise have appeared in the global stock market.
① The high-level economic and trade talks between China and the USA concluded last weekend, with both sides indicating substantial progress, igniting optimistic sentiment in the market; ② Wall Street Equity Index futures rose, and the dollar strengthened against safe-haven currencies, reflecting a positive market response to the talks' outcomes; ③ This week, the USA will release April Consumer price data and retail data, Analysts expect it to reflect the preliminary impact of tariffs, but the market is generally Bullish on Monday's trends.
Evercore ISI: The bear market in the U.S. stock market has ended, and a "marathon-style" bull market is expected under the shadow of tariffs.
The investment bank Evercore ISI pointed out that the latest market rebound marks the end of the bear market in 2025, but unlike in the past, this bull market will not accompany sharp rises, but will instead show a slow and volatile advance.
The U.S. Secretary of Commerce talks about "Trump tariffs": The base tariff rate of 10% will continue to exist!
① The Secretary of Commerce of the USA, Howard Lutnick, stated that the 10% base tariff rate on commodities imported from Other countries is likely to persist in the foreseeable future; ② Lutnick refuted the viewpoint that "American Consumers will bear the increased costs due to tariffs," insisting that businesses and the relevant countries will pay the price for it.
After Trump's "Liberation Day", the first wave of "hard data" from the USA is coming, will the inflation alarm ring again?
The latest data on inflation will be brought in the coming week, with the Consumer Price Index (CPI) being released on Tuesday and the Producer Price Index (PPI) being released on Thursday.
DancingCoww :
