Analysis: After Trump's tariffs are stopped, it is appropriate to continue the recent trading momentum
2025-05-29 01:00:56
Frances Cheung, Head of FX and Rates Strategy at OCBC Bank in Singapore: The U.S. federal government's ruling to halt Trump's tariffs has temporarily boosted risk sentiment, sending equity futures, bond yields and the U.S. dollar higher. For bonds and foreign exchange, the timing is right to continue the recent trading momentum, with the U.S. dollar already showing signs of a rebound and long-term bond yields also facing upward pressure. But the development of tariffs and trade relations remains volatile, and investors may be reluctant to take large positions in either direction of the trade. (Jin Ten)
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