TechFlow news, February 10 — According to QCP's Daily Market Observations, following DeepSeek’s move two weeks ago and last week’s tariff-driven volatility, Trump’s announcement of a 25% tariff on steel and aluminum briefly disrupted markets ahead of Powell’s testimony and the Consumer Price Index (CPI) data release. With Mexico and Canada being among the top three suppliers to the U.S., these tariffs cast doubt on last week’s temporary delay and could reignite trade tensions. Adding further uncertainty were Trump’s remarks about potentially imposing sanctions on Japan—one of America’s key allies—coming right after the White House blocked a Japanese steelmaker’s acquisition of U.S. Steel. Commodity prices remained largely unchanged, Asian equities declined, and Bitcoin briefly dipped below $95,000 before rebounding—indicating sentiment-driven market moves rather than a fundamental shift in risk appetite. Bitcoin’s options skew now leans toward bearishness through April, reflecting a lack of catalysts for upside momentum. A feedback loop is emerging: President Trump is highly sensitive to market reactions, yet his stance is increasingly being questioned by markets. This dynamic may further embolden him, potentially amplifying market volatility.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
