4E: With tariffs looming, this week’s focus will be on Trump’s policy moves and Powell’s speech

Mars Finance News: According to 4E monitoring, the global market experienced intense fluctuations under the intertwining of Trump's tariff uncertainty and Federal Reserve's easing expectations. After a roller-coaster performance, US stocks saw a strong weekly rebound, with the three major indices achieving their best performance in over a year. The S&P 500 cumulatively rose 5.7%, marking its best weekly performance since November 2023, the Dow Jones increased by 4.95%, and the Nasdaq rose 7.29%. The tech giants' index surged 8.95%, with NVIDIA particularly outstanding, rising 17.62% for the week. The crypto market was volatile, with Bitcoin initially plummeting close to $74,000 due to tariff-related risk aversion. Subsequently, as Trump temporarily suspended reciprocal tariffs and announced an exemption list, market sentiment improved, and Bitcoin gradually rebounded, breaking through $86,000. At the time of writing, Bitcoin was reported at $84,408, with a weekly gain of nearly 7%. Other Altcoins also saw significant rebounds, though Ethereum remained relatively weak. On the forex and commodities front, Trump's aggressive tariffs weakened the US dollar's safe-haven status, with the dollar index falling below 100 to its lowest level since 2022, dropping 2.9% for the week, the largest weekly decline in nearly two years. Oil prices continued to decline for the second consecutive week due to demand concerns, while gold prices hit new highs amid increased safe-haven demand, with spot gold rising 6.48% last week. Despite the market's rebound amid tariff policy relaxation, Trump's latest statement denying tariff "exemptions" suggests policy uncertainty remains a primary risk. US inflation data (CPI and PPI) were lower than expected, and the Federal Reserve's March meeting minutes indicated inflation might be more persistent. This week will require close attention to Trump's tariff dynamics and Powell's speech.