4E: The cloud of tariffs hangs over, this week focusing on Trump's policy moves and Powell's speech

On April 14th, according to 4E monitoring, the global market fluctuated violently under the intertwining of Trump's tariff uncertainty and the Federal Reserve's easing expectations. US stocks rebounded strongly on a weekly basis after a roller coaster. Last week, the three major stock indexes recorded their best performance in more than a year. The S & P rose 5.7%, its best weekly performance since November 2023. The Dow rose 4.95% and the Nasdaq rose 7.29%. The Big Seven index of technology stocks rose 8.95%, and Nvidia performed particularly well, with a weekly increase of 17.62%.
The crypto market fluctuated violently. Bitcoin was affected by the risk aversion caused by the tariff war. It plummeted close to 74,000 dollars at the beginning of the week. Then, under the background of Trump's suspension of reciprocal tariffs and the announcement of the exemption list, the market sentiment has warmed up. Bitcoin gradually rebounded and broke through 86,000 dollars. Deadline Times $84408, a week-on-week increase of nearly 7%. Other counterfeit products also rebounded sharply, but the overall performance of Ethereum continued to be weak.
Although the market rebounded in the easing of tariff policy last week, Trump's latest denial of tariff "exemption" and policy uncertainty remain the main risk. US inflation data (CPI and PPI) are lower than expected, and the Federal Reserve's March meeting notes suggest that inflation may be more persistent. This week, we need to pay close attention to Trump's tariff developments and Powell's speech.