Investors will soon see the impact of the latest developments in tariffs on the markets, while the U.S. Federal Reserve issues a new decision regarding interest rates, at a time when U.S. President Donald Trump is pressuring the Federal Reserve and its chairman, Jerome Powell, to lower interest rates, something the central bank has hesitated to do so far.

The markets are awaiting the release of several economic data that will provide a picture of the state of the economy, as well as earnings reports from a large number of companies that will clarify the effects of tariffs on trade activity.

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