Stock markets rebound as Trump suspends tariffs for 90 days
Trump suspends tariffs for 90 days and stock markets rebound. The situation remains complicated, after the emotional wave we will see how the markets will reason on the open issues: China, Mexico, Canada, macro data, quarterly reports.
Our intermarket dashboards show a new market turnaround, with the S&P 500 moving back above its 10-day average in a single session. Gold is also rising again, while the recovery in bonds is much less pronounced. The situation remains very complicated and we will see how the markets position themselves once the emotional phase associated with the announcement of the suspension of the tariffs has passed.
On the macroeconomic front, the day will be dominated by the publication of US inflation data for March, Chinese inflation and US jobless claims.
Our forecast analysis points to a still uncertain day for the equity markets, but with a positive base. Volatility is expected to be on the downside. Otherwise, the situation remains unchanged.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 10 April 2025 - 7:25 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
