Dollar Steady, Markets Await Trump Tariff Announcement April 2

Financial markets are experiencing mixed signals as U.S. stock futures rise while the dollar remains under pressure ahead of President Trump's impending tariff announcements set for April 2. Analysts are closely watching Trump's plans for reciprocal tariffs, which are expected to impact U.S. economic growth, as recent comments suggest he may have some flexibility in their implementation. The U.S. dollar index has shown resilience, remaining above 104, bolstered by a lack of urgency from the Federal Reserve to cut interest rates further. However, concerns persist regarding the potential for Trump's trade policies to trigger a recession, leading to a cautious approach among investors. Major earnings reports from U.S. companies and economic data releases are also anticipated this week, adding further complexity to market movements. As market participants weigh these developments, analysts predict continued volatility in stocks and currencies.