Economic uncertainty over the weekend , combined with failed trade deals and excess consumer;topics, has sent markets reeling. Yet, as the US President sent a “non-tariff cheating” list to his administration for trade deals, tensions in the U.S.-China relationship have only increased. Meanwhile, a report highlighting economic slowdowns in the U.S. and the Eurozone, as well as spiraling inflation in the global economy, underscores the challenges ahead.
The drop in consumer sentiment and the surge in household inflation expectations suggest that the economic landscape is unstable, and positive growth may be foiled if the situation continues. Federal Reserve Chair Jerome Powell’s criticism of Trump’s tariffs, combined with the曾任 reponents from the U.S. President, is contributing to investor sentiment. While the week’s data could further impact central bank decision-making, it remains unclear what the overall economic outlook may be for the coming weeks.
As the economic calendar begins to pick up, several key events are expected. On April 21, the Global Services and Manufacturing PMI report will be released, providing leading indicators of economic trends. March data on durable goods orders is set for a fourth week, as is consumer confidence and inflation expectancies in April. Figures will also be released regarding home sales and sender home purchases in March. Additionally, a number of Federal Reserve speakers will join virtually April 21 to discuss possibilities for further rate hikes.
U.S. President的心 of Adam Posen noted that the government is poorly prepared to respond, as the U.S. faces an “a looming wave of inflation” fueled by central banker’s interventions. His analysis suggested that the Fed has been “too loose” with monetary policy, increasing inflation risk. He also noted that ~20% of S&P 500mother companies, including Tesla and Alphabet (Google), are set to report earnings in a “tough quarter,” posing further challenges for big tech.
Meanwhile, crypto markets havebirthday started the week in the golds, with Bitcoin leading the charge. The price of this precious cryptocurrency reached $87,000 on its third white들 since late March.分析师 believe that its chart has reversed a three…” month downtrend and possibly broke out of a falling wedge pattern, indicating potential support for the reversal of a downtrend. However, Ethereum, XRP, and Binance Coin have shown modest gains, while Bitcoin continues to dominate the market in Asia.
