4E: Market Cautious as Tariff Uncertainty Persists, US Stocks Under Pressure, Crypto Market Trading Sideways

On April 18th, according to 4E Monitor, the ongoing tariff uncertainty continued to have an impact on the US stock market. On Thursday, the three major indices closed with mixed results: the Dow dropped by 1.33%, the S&P 500 rose by 0.13%, and the Nasdaq inched down by 0.13%. The US stock market will be closed on Friday due to Good Friday. This week, the three major indices saw their third consecutive week of decline, with the Dow down 2.66%, the Nasdaq down 2.62%, and the S&P 500 down 1.5%. The crypto market traded in a sideways manner, with Bitcoin remaining stable around $84,000 and Ethereum hovering just below $1,600, while the volatility in the altcoin market decreased. Investors remained cautious in the face of tariff policy uncertainty, with concerns in the derivative markets about a potential downturn outweighing expectations of an upward movement. In the forex and commodities market, the US Dollar Index declined slightly by 0.01%, marking its third consecutive week of weakness. Driven by the weakened US dollar and Trump's optimistic comments on energy trade, oil prices surged by more than 3% on Thursday, with a cumulative increase of about 5% for the week. Gold prices retreated from their highs, with spot gold falling by 0.46%. The ECB maintained its accommodative stance, while the Fed remained cautious. On Thursday, Trump harshly criticized Powell's rate policy, stating that it was "always too late and wrong" and emphasizing that firing Powell was urgently needed. The market is closely watching to see if Powell will adjust the policy under political pressure. eeee.com, as a financial trading platform supporting assets such as cryptocurrencies, stock indices, gold, and forex, recently launched a USDT stablecoin financial product with an annualized yield of 8%, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate your assets reasonably.