PANews reported on April 12 that "shorting the United States" has almost become a consensus around the world in the past week. In the crisis of confidence triggered by "the rise and fall depends on Trump", US assets have been sold off crazily, especially US bonds and the US dollar. After a week of huge fluctuations, the uncertainty surrounding Trump's tariff policy, concerns about trade tensions and the possible severe blow to the economy still exist. Investors will pay close attention to further developments and will also turn their attention to the actual economic impact. The following are the key points that the market will focus on in the new week:】
At 0:00 on Tuesday, Barkin, 2027 FOMC voting member and Richmond Fed President, gave a speech on "Getting Through the Economic Fog";
At 6:00 on Tuesday, Harker, 2026 FOMC voting member and President of the Federal Reserve Bank of Philadelphia, will give a speech on the role of the Federal Reserve;
At 7:40 on Tuesday, 2027 FOMC voting member and Atlanta Fed President Bostic will speak on monetary policy;
10:00 on Wednesday, China’s first quarter GDP annual rate;
At 0:00 on Thursday, 2026 FOMC voting member and Cleveland Fed President Hammack participated in a Q&A session;
At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending April 12;
At 1:15 a.m. Thursday, Federal Reserve Chairman Powell will speak at the Economic Club of Chicago;
At 7:00 a.m. on Thursday, 2025 FOMC voting member, Kansas Fed President Schmid and Dallas Fed President Logan will hold a fireside chat on the U.S. economy and banking industry.
Among the upcoming U.S. economic data, retail sales for March, due on Wednesday, will be in focus as investors scrutinize how U.S. consumers reacted to Trump's announcement of broad reciprocal tariffs and his subsequent postponement of some of them. U.S. retail sales are expected to rise 1.4% month-on-month in March, up from 0.2% in February, according to analysts' estimates.
