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Macro outlook next week: April 2 is the day of Trump’s reciprocal tariff announcement that globally is concerned, and may become a watershed in global assets
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2025-03-29 23:02 4,907
Golden Finance reported that next Wednesday (April 2) is the day of Trump's reciprocal tariff announcement that globally concerned. Before that, investors are more cautious because it is unclear what specific tariffs Trump will implement. Bank of America Forex analysts Athanasios Vamvakidis and Claudio Piron said in a note that risks are balanced before the deadline for next week. It is already a market expectation to impose tariffs on specific products. Comprehensive tariffs will be a negative surprise. The dollar is not expected to continue to strengthen under this situation. Against the backdrop of high risk aversion in the market, gold hit new highs this week, with a historical record rising to $3,086.75 per ounce, setting the 18th record high of the year, with a quarterly increase of 17%, the largest since 1986. Here are the key points that the market will focus on in the new week: Monday 21:45, US March Chicago PMI Tuesday at 21:45, U.S. S&P Global Manufacturing PMI Final Value Wednesday at 20:15, U.S. ADP employment in March ECB President Lagarde speaks on Thursday at 01:00 On Thursday, 19:30, the ECB released minutes of March monetary policy meeting Thursday at 19:30, U.S. Challenger Corporate Layouts in March Fed Vice Chairman Jefferson delivered a speech on Friday at 00:00 Friday at 20:30, the unemployment rate in the United States in March, the non-farm employment population after the seasonal adjustment in the United States, and the average annual rate of hourly wages per month in March Fed Chairman Powell delivered a speech at 23:25 on Friday
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