TechFlow, May 29 — According to Jinshi Data, OCBC's head of foreign exchange and interest rate strategy, Frances Cheung: The U.S. federal government's ruling to halt Trump-era tariffs has temporarily boosted risk sentiment, driving up stock futures, bond yields, and the dollar. For bonds and foreign exchange, the current timing supports continuing recent trading momentum, with the dollar already showing signs of rebound and long-term bond yields facing upward pressure. However, developments in tariffs and trade relations remain unstable, making investors hesitant to take large positions in either direction.
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