PANews reported on April 12 that over the past week, "shorting the United States" has become almost a global consensus. In the trust crisis triggered by "rises and falls depend entirely on Trump", US assets were frantically sold off, with US Treasury bonds and the US dollar being particularly hard hit. After experiencing a week of massive volatility, uncertainties surrounding Trump's tariff policies, concerns about trade tensions, and potential severe economic impacts still persist. Investors will closely monitor further developments and focus on the actual economic impacts. Here are the key points the market will focus on in the new week:
Tuesday 0:00, 2027 FOMC voter and Richmond Fed President Barkin will give a speech on navigating economic fog;
Tuesday 6:00, 2026 FOMC voter and Philadelphia Fed President Hark will speak about the Federal Reserve's role;
Tuesday 7:40, 2027 FOMC voter and Atlanta Fed President Bostic will speak about monetary policy;
Wednesday 10:00, China's Q1 GDP year-on-year rate;
Thursday 0:00, 2026 FOMC voter and Cleveland Fed President Harmark will participate in a Q&A;
Thursday 20:30, US initial jobless claims for the week ending April 12;
Thursday 1:15, Federal Reserve Chair Powell will speak at the Chicago Economic Club;
Thursday 7:00, 2025 FOMC voter Kansas City Fed President Schmidt and Dallas Fed President Logan will have a fireside chat about the US economy and banking sector.
Among the upcoming US economic data, the March retail sales data to be released on Wednesday will attract attention. Investors will carefully study the US consumers' reaction to the policy before Trump announced broad reciprocal tariffs and later postponed some tariffs. According to analysts' estimates, US retail sales in March are expected to increase by 1.4% month-on-month, higher than February's 0.2%.
