As we look to the day ahead, we will have some key economic data releases to work through. In Europe, there's the Eurozone CPI report before we move on to US where we will get the ISM manufacturing PMI and JOLTS job openings.
For the time being, everything and anything might still be up in the air. A report over the weekend suggested he might not take on a targeted approach on tariffs. But then yesterday, he said that they are going to "be nice" and that we might get some idea on his plans later today or definitely tomorrow.
Trump says 'going to be nice' on tariffsReports that Trump won't decide on tariffs until the morning of April 2The real question then turns to: Is the tariffs narrative going to turn into a sell the rally play instead of buying the dip moving forward?
You can bet that this won't be the end of Trump's tariffs threats and as long as there is this complication and uncertainty for markets to deal with, it will be difficult to sustain any optimism for a decent period. I would argue that's the real risk that markets should be looking at, and not if this week is the be-all, end-all for risk trades.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about trump tariffs remain in focus as the countdown continues was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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