Hello sirs,
Not over yet! Big events are happening today!
Today after 1 hour, all eyes will be on the US CPI inflation data, and there are high hopes for this data because the market expects CPI to drop to 2.5%, and core CPI to drop to 3%.
The reason this CPI can decrease is thanks to Trump, as the weighted oil prices have significantly dropped compared to March last year, and at the same time, the tariffs have just come into effect and won't impact CPI yet, so the market's expectations for this CPI are very positive.
However, for it to be considered a positive, the CPI must be below the expected 2.5%. But with such low market expectations, I believe as long as the actual results meet the expectations, it will be viewed positively.