š Citi: April 2 Tariff Policy Day Could Trigger Major Market Moves
In its latest report, Citi outlines 3 key scenarios for the U.S. tariff announcement and their market impact:
1ļøā£ Reciprocal Tariffs Only ā Limited market reaction
2ļøā£ Reciprocal Tariffs + VAT ā
⢠DXY could jump 50ā100 bps
⢠Global equities may fall
3ļøā£ Reciprocal Tariffs + VAT + Sector Tariffs ā
⢠Most severe market reaction expected
š After the worst Q1 start for the S&P 500 since 2020, analysts warn of downside risks ahead.
š„ āThe April 2 market reaction will hinge on timing, sectors impacted, and global retaliation speed.ā
