Markets Brace for Impact as ‘Liberation Day’ Arrives
From Investing.com: 2025-04-02 04:54:00
Trump is set to announce his decisions on tariffs at 20:00 GMT, sparking speculation and uncertainty among investors. The tariffs could range from universal tariffs on all imports to industry-based tariffs, with possible start dates and negotiation opportunities for affected countries. Markets are hoping for a softer stance by Trump to support risk appetite, as US data shows signs of stagflation. Gold prices are expected to remain strong amid uncertainty, while oil prices may suffer if the announcements point to a global growth slowdown or US recession. Key US data releases are also expected ahead of Trump’s announcements, with focus on private job numbers and potential rate cuts by the Fed.
Read more at Investing.com: Markets Brace for Impact as ‘Liberation Day’ Arrives