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After tariff suspensions, the USD and stocks surged, signalling market enthusiasm amidst ongoing negotiations

U.S. and China suspend tariffs for 90 days; markets rise amid trade talks and economic uncertainty.

With a 4% rise in NASDAQ futures, excitement surrounds the temporary tariff reductions between the US and China

Tariff truce boosts markets: NASDAQ futures soar, tech stocks surge, gold drops, treasury yields climb.

Bessent anticipates a Trump-Xi call soon, suggesting tariffs can revert to previous levels if needed

Trump and Xi may speak soon; tariff talks continue, with potential delays testing Trump’s patience.

The US Dollar strengthens against G10 currencies due to easing US-China trade tensions and market adjustments

US Dollar strengthens broadly; G10 currencies weaken amid tariff pause and shifting Fed rate cut expectations.

Bessent believes tariffs on China are unlikely to drop below 10%, maintaining current levels as a guideline

Tariffs remain high as baseline measures aim to prevent escalation; fentanyl-related tariffs raise U.S. total.

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