4E: Trump's repeated escalation of tariffs has intensified market uncertainty, with tonight's CPI data becoming a key variable

BlockBeats news, on March 12, according to 4E monitoring, Trump reversed the Canadian tariff policy multiple times on Tuesday, driving the market into a 'roller coaster' situation. At the opening, the U.S. stock market once pumped, but then Trump announced a 25% tariff on Canadian steel and aluminum, causing the three major indexes to fall. Shortly after, news of the suspension of the policy and both sides re-entering negotiations emerged, but the downward trend of the U.S. stock market remained. Afternoon market dynamics changed again as Ukraine agreed to a 30-day ceasefire. Large-cap tech stocks saw a surge in buying, pushing the U.S. stock market to refresh daily highs, but weakened again towards the close. At the close, all three major indexes fell, with the Dow falling by 1.14%, the S&P 500 falling by 0.76%, and the Nasdaq falling by 0.18%. Most of the tech giants pumped. The encryption market showed a significant rebound, with BTC rebounding from a low of $76,606 to above $83,000, a rebound of over 8%, recovering from yesterday's rapid decline. ETH also rebounded over 9% from a low of $1754 to $1920. Some AltCoins saw even larger rebounds. The total market capitalization of cryptocurrencies slightly rose to $2.77 trillion, with a 2.5% increase in the last 24 hours, and market sentiment slightly improved. In the forex market, the U.S. Dollar Index fell by over 0.6%, spending most of the day in a declining state. Improvements in global oil inventories led to a slight pump in international oil prices. The resurgence of U.S. tariff tensions and economic concerns supported a rise in safe-haven gold, with Spot gold rising by over 0.9%. The ongoing uncertainty of Trump's tariff policies continues to impact the market, suppressing Wall Street's sentiment towards consumers and the economy. The CPI report at 8:30 tonight is highly anticipated, with investors looking to assess whether the market's concerns about economic stagnation are valid. If the data exceeds expectations, the market may experience another sharp decline. As a financial trading platform supporting Cryptocurrency, stock indexes, bulk gold, forex, and other assets, 4E recently launched a stablecoin financial product with an APR of 8% for USDT, providing investors with potential hedging options. 4E reminds you to be aware of market fluctuations and to allocate assets reasonably.