Odaily星球日报讯 德国商业银行的分析师 Thu Lan Nguyen 表示，由于特朗普的关税政策，美元贬值可能会降低美国贸易伙伴的通胀率。她表示：“如果这种情况持续下去，大多数央行将不会陷入两难境地：权衡经济和通胀风险。”这将允许进一步降息，从而减轻非美元货币对美元的升值压力。她表示，就目前而言，关税的影响似乎极不可能逆转。（金十）

Odaily星球日报讯 德国商业银行的分析师 Thu Lan Nguyen 表示，由于特朗普的关税政策，美元贬值可能会降低美国贸易伙伴的通胀率。她表示：“如果这种情况持续下去，大多数央行将不会陷入两难境地：权衡经济和通胀风险。”这将允许进一步降息，从而减轻非美元货币对美元的升值压力。她表示，就目前而言，关税的影响似乎极不可能逆转。（金十）

市场分析：美元贬值可能会降低美国贸易伙伴的通胀率

<Odaily> Planet Daily News: Commerzbank analyst Thu Lan Nguyen stated that due to Trump's tariff policies, the depreciation of the US dollar could lower the inflation rates of US trading partners. She said, "If this situation continues, most central banks will not be in a dilemma: weighing economic and inflation risks." This will allow for further interest rate cuts, thereby reducing the appreciation pressure of non-US dollar currencies against the US dollar. She noted that for now, the impact of tariffs seems highly unlikely to be reversed. (Jinshi)

Market Analysis: A weaker dollar could reduce inflation among U.S. trading partners

<Mars Finance> news, according to 4E monitoring, the global market fluctuated dramatically under the intertwining of Trump's tariff uncertainty and Federal Reserve's loose expectations. After experiencing a roller coaster, U.S. stocks showed a strong weekly rebound, with the three major indices achieving their best performance in over a year last week. 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 experienced significant volatility. Bitcoin initially plummeted close to $74,000 due to tariff-related risk aversion, but subsequently rebounded as market sentiment improved with Trump's temporary tariff suspension and exemption list. Bitcoin gradually recovered, breaking through $86,000. At the time of writing, it was reported at $84,408, with a weekly gain of nearly 7%. Other Altcoins also saw substantial rebounds, though Ethereum remained relatively weak. On the forex and commodities front, Trump's aggressive tariffs weakened the U.S. dollar's safe-haven status, with the dollar index falling below 100 to its lowest level since 2022, dropping 2.9% for the week. 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 ongoing policy uncertainty remains a primary risk. U.S. 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.

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

<PANews> News on April 12th, the consensus of "shorting the United States" has almost become global. In the trust crisis triggered by "market fluctuations entirely dependent on Trump", US assets were frantically sold off, with US Treasury bonds and the US dollar being particularly affected. After experiencing a week of massive volatility, uncertainties surrounding Trump's tariff policies, trade tensions, and concerns about potential severe economic impacts remain. Investors will closely monitor further developments and focus on 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 deliver 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 discuss monetary policy;

Wednesday 10:00, China's Q1 GDP year-on-year;

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 12th;

Thursday 1:15, Fed 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 US consumers' reactions to the policy before and after Trump's announcement of broad reciprocal tariffs and subsequent partial tariff postponement. According to analysts' estimates, March US retail sales are expected to increase by 1.4% month-on-month, higher than February's 0.2%.

Macroeconomic outlook for next week: Trump "plays too hard", Fed officials will go all out

Odaily Planet News: U.S. Secretary of Commerce Raimondo stated that she is not worried about the U.S. dollar, and electronic products will be included in the upcoming industry tariffs, which will be implemented within approximately one month. Tariffs on the pharmaceutical industry will be introduced in the next one or two months. (Jinshi)

Market Analysis: A weaker dollar could reduce inflation among U.S. trading partners

Download app to participate in rewarding events