Market Sentiment Improves Amid Trade Tariff Relief

According to PANews, recent developments in trade negotiations have led to one of the strongest trading days for risk assets this year. U.S. President Donald Trump hinted twice on Monday that trade partners might receive exemptions or reductions in tariffs, providing a temporary reprieve for market tensions. This has led to a potential end to one of the fastest declines in the U.S. stock market recently. Analysts from JPMorgan and other strategists are advising their clients that improved market sentiment, combined with historically favorable seasonal factors, could positively impact the market. Boosted by Trump's comments on tariff exemptions, Bitcoin briefly surged past $88,000, marking a short-term market rebound. Despite the second quarter typically being one of the strongest periods for risk assets, the options market remains cautious, with a bullish tilt expected to become more apparent by June. Investors are closely watching the quarterly options expiration this Friday and the upcoming release of the Personal Consumption Expenditures (PCE) inflation data, which could serve as the next key catalyst for market movements.