ChainCatcher news, Amundi's Global Head of Foreign Exchange Andreas Koenig stated that despite the ongoing uncertainty surrounding the trade war, the momentum initiated by the euro in the turbulent weeks of April is unlikely to be easily dismissed.Koenig believes that "(the appreciation of the euro) is a structural change that may last longer and further than we currently imagine." Jane Foley, Head of Foreign Exchange Strategy at Rabobank, stated, "Tariffs have already pushed up the prices of U.S. goods, and a stronger euro will make them even more expensive. Another sudden surge in the euro could be unsettling." For the time being, many are optimistic about the euro. Deutsche Bank predicted in January that the euro would fall below parity against the dollar this year, but now expects it to rise to 1.20 by December and further climb to 1.30 by the end of 2027.

ChainCatcher news, Sweden's Nordea Bank points out that as risks rise, the Federal Reserve is waiting for more clarity. Trade policies and economic outlooks are seen as extremely uncertain, and the Fed hopes to wait for more definitive results. The market interprets this information as slightly hawkish, further reducing the likelihood of a rate cut at the June meeting. We agree with this market shift but expect that the Fed will ultimately focus on supporting economic growth and overlook the temporary rise in inflation. If long-term inflation expectations remain within a manageable range and align with the inflation target, the Fed should be able to disregard the temporary inflationary impact caused by tariffs.There is also a possibility that the short-term impact of tariff uncertainty on the economy will exceed current expectations. But for now, the Fed believes that this move has a limited impact on the economy, and there are some signs of progress in trade negotiations. Inflation remains above the target, and due to tariffs, it is expected to begin rising again.

ChainCatcher news, according to Jinshi reports, Kate Moore, Chief Investment Officer of Citigroup's Wealth Management division, stated that the company cannot immediately adapt to policy changes, and the economy had already begun to slow down before the tariffs were implemented.

ChainCatcher news, according to Jinshi reports, the EU trade chief stated that the European Commission will announce the preparatory steps for the next response measures against U.S. tariffs on Thursday.

ChainCatcher message, ING forex strategist Francesco Pesole stated, "The dollar still has some room for recovery, as signals from the Trump administration indicate that their policy focus is shifting from threats and announcing large tariffs to negotiating trade agreements."

ChainCatcher news, according to market news, U.S. Treasury Secretary Basant stated that negotiations are currently underway with 17 out of 18 major trading partners.

ChainCatcher news, according to Jin Shi reports, "Fed mouthpiece" Nick Timiraos stated that President Trump's haphazardly introduced tariff policies could put the Federal Reserve in a lose-lose situation: either respond to an economic recession or deal with a period of stagflation. In this week's meeting, how the Federal Reserve will navigate these trade-offs will be a tricky communication challenge. Powell and other officials are expected to maintain their wait-and-see stance on interest rate cuts and develop strategies on how to refine this position. This deliberate patience reflects officials' efforts to avoid prematurely abandoning their commitment to combating inflation. Richard Clarida, senior advisor at bond giant Pacific Investment Management Company, stated, "This will not be a cycle where the Fed preemptively cuts rates due to a forecast of economic slowdown. They actually need to see this in tangible data, especially in the labor market."

ChainCatcher news, according to CCTV News, California Governor Gavin Newsom said in an online interview with Japanese media Nikkei Asia on the 2nd that the tariff policy of the Trump administration has caused great harm to California, and California will continue to "keep the trade door open" to China. Newsom stated that California has always been a "stable trading partner" of China. The two sides have signed a series of cooperation memorandums between provinces, counties, and cities. During his visit to China last year, he extended the connection with China to the national level. He emphasized that California is "open to all trading partners, including China," because global trade is not a zero-sum game; "we are interdependent."

ChainCatcher message, Trump commented on social media regarding the negative growth of the U.S. GDP in the first quarter: "This is Biden's stock market, not Trump's. I officially take office on January 20. The tariff policy is about to take full effect, and companies are moving back to the U.S. on an unprecedented scale. Our country is about to experience prosperity, but first, we must eliminate the economic shadow left by Biden. This will take time------ it has nothing to do with the tariff policy, purely because he left a mess. But when the economy takes off, its scale will be unprecedented. Stay patient!!!"

ChainCatcher news, according to Jin10 data reports, the U.S. Conference Board Consumer Confidence Index fell to a nearly 5-year low in April, as concerns over tariffs intensified, dragging down economic prospects. The U.S. Conference Board data shows that the Consumer Confidence Index dropped by 7.9 points in April to 86.0, the lowest level since May 2020.Stephanie Guichard, Senior Economist at the World Federation of Large Enterprises Global Indicators, stated: "Consumer confidence has declined for the fifth consecutive month in April, reaching its lowest level since the outbreak of the COVID-19 pandemic." The U.S. GDP data, expected to be released tomorrow, is anticipated to show a significant slowdown in economic growth in the first quarter, as businesses rush to import goods to avoid rising costs from tariffs, leading to a surge in imports. Consumer spending may also slow significantly, as high inflation and concerns about the economic impact of tariffs prompt some households to cut back on spending to preserve savings.

ChainCatcher news, according to CNBC, Morgan Stanley's Chief Market Strategist for the Americas, Gabriela Santos, recently stated on CNBC's "Squawk Box" that the time window for reducing tariffs on China is rapidly closing. Meanwhile, Goldman Sachs CEO David Solomon pointed out that the current level of market uncertainty is too high and detrimental to productivity.David Warrick from Overhaul warned that even if the tariff policy eventually ends, the damage done to global supply chains is already difficult to reverse. Several financial experts advise investors to diversify their asset allocation and carefully select investment opportunities in the current environment.

ChainCatcher News, U.S. President Trump stated that we will maintain reasonableness on tariff issues, believing that the market is adapting to the tariff policy. (Jin Shi)

ChainCatcher news, according to CCTV News, on April 23 local time, the states of New York, Arizona, Colorado, Connecticut, Delaware, Illinois, Maine, Minnesota, New Mexico, Oregon, and Vermont filed a lawsuit in the U.S. International Trade Court, attempting to block the implementation of the Trump administration's tariff policy and seeking a court declaration that its new tariff policy is illegal.Previously, California Governor Gavin Newsom announced on the 16th local time that he would sue the Trump administration over tariff issues, accusing the latter of abusing tariff policies as "illegal." This is the first state government in the U.S. to challenge Trump's tariff "club."

ChainCatcher news reports that according to 4E monitoring, Trump made remarks on Tuesday indicating a softening of tariff policies, stating that the tariffs on China are too high and that a significant reduction in rates is expected. With optimistic expectations for China-U.S. tariff negotiations, global trade tensions eased, boosting risk sentiment and leading to a surge in U.S. stocks. The S&P 500 rose by 2.5%, the Dow Jones increased by 2.66%, and the Nasdaq climbed by 2.71%. Major tech stocks recovered from the previous day's losses, with the seven giants index rising by 2.84%.The cryptocurrency market saw a collective rise, with Bitcoin continuing its strong performance. After breaking through the $90,000 mark last night, it accelerated its rise and, following Trump's retraction of his earlier threat to fire Federal Reserve Chairman Powell, it briefly approached $94,000 this morning, reaching a new high since early March, currently reported at $93,063, with a daily increase of 5.6%. Ethereum reversed its recent downturn, surging by 14% and breaking through $1,800. The altcoin market also rose collectively, with the total cryptocurrency market capitalization increasing by 5.4%.In the forex commodities market, the U.S. dollar index rebounded significantly by 0.65%, and international crude oil rose nearly 2%; as risk appetite improved, international gold prices, which had reached new highs for several consecutive days, retraced some gains, with spot gold down 1.25%.Trump's remarks on tariff softening and his moderate stance on Powell shifted the investment atmosphere from previous concerns to optimism. Moving forward, the progress of trade negotiations and the direction of Federal Reserve monetary policy will become the focus of attention.

ChainCatcher news, according to the Anti-Tariff Declaration website, a number of well-known economists, including two Nobel laureates in economics, have jointly issued a statement opposing the large-scale unilateral tariff measures implemented by the Trump administration through executive orders since taking office in 2025.The statement criticizes the policy for repeating the protectionist mistakes of the Smoot-Hawley Act of 1930, distorting the market, harming consumer interests, and violating the principles of free trade and constitutional governance.The statement calls for a return to the founding values of "peace, commerce, and honest friendship," and the current "Anti-Tariff Declaration" has received support from over 1,368 scholars and policymakers.

ChainCatcher news, according to CCTV News, recently, individuals from multiple countries have stated that the United States' excessive imposition of tariffs will not only affect the U.S. economy but will also impact global trade. The biggest victims of the U.S. tariff policy will be the United States itself. Khalid, the former commercial counselor of Saudi Arabia in China, stated that for the U.S. economy, this will lead to rising prices and will also affect financial markets, which are direct and unavoidable impacts. At the same time, it will also have a huge impact on the world; international trade connects countries around the globe, which will lead to turmoil in trade and international relations. If the trade war continues, the situation will worsen. Virovatz, a senior economist at ING Hungary, stated that throughout world history, there has never been an improvement or progress in the global economy achieved through trade closure and protectionism.