Analysis: Suitable to Continue Recent Trading Momentum After Trump Tariffs Halted
According to a report by Jinse Finance, Frances Cheung, Head of FX and Rates Strategy at OCBC Bank in Singapore, stated that the U.S. federal government's decision to halt the Trump tariffs temporarily boosted risk sentiment, driving stock futures, bond yields, and the dollar higher. For bonds and foreign exchange, the current timing is suitable to continue the recent trading momentum, as the dollar has shown signs of rebounding, and long-term bond yields are also facing upward pressure. However, the development of tariffs and trade relations remains unstable, and investors may be reluctant to hold large positions in any direction of the trade. (Jin10)
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