💨 Abstract

Investor sentiment is fragile following a turbulent week of trade policy uncertainty and rising borrowing costs. Stocks and risk currencies fell, but the selloff in bonds eased. Markets are focusing on the U.S. nonfarm payrolls report and a speech from Fed Chair Jerome Powell for more rate clarity. The Nasdaq has been in correction since December, and Wall Street faces headwinds from a darkening U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖