Global markets turn around! Tariff negotiation hopes illuminate the stock market, the yen plummets, and oil prices rebound!

On Friday, good news came from China's Ministry of Commerce: Beijing is willing to negotiate with the U.S. on tariff issues, and the market reacted positively, with Asian stock markets and U.S. stock futures all rising! In particular, S&P 500 futures surged 0.6%, and Nasdaq futures rose 0.3%, effectively easing market concerns following poor performances from Apple and Amazon. Although Apple warned that tariffs would increase costs by about $900 million, investors remain optimistic about the future.

Asian stock markets strongly rebound

The Japanese Nikkei 225 index rose 0.7%, and the Taiwanese stock market soared by 2%. The MSCI index also followed suit, rising 0.4%, as investor sentiment recovered and expectations for further tariff negotiation outcomes grew.

Yen significantly depreciates, dollar surges

The yen to dollar exchange rate fell to 145.62, the lowest since April, affected by the Bank of Japan's maintenance of low interest rates and tariff concerns. Meanwhile, the dollar performed strongly in the foreign exchange market, achieving its best weekly performance since February. The dollar index reported 100.14, with investors closely watching the upcoming non-farm payroll data.

Oil prices soar, gold demand cools

Affected by Trump's warnings of secondary sanctions against Iran, oil prices rebounded, with Brent crude and WTI crude futures both rising by 0.56% and 0.6%, respectively. However, gold prices fell sharply due to reduced safe-haven demand, with spot gold prices dropping to $3,234.9.

Market outlook is promising

Despite uncertainties in the global economy, positive progress in trade negotiations gives investors hope. The rebound in U.S. and Asian stock markets injects new momentum into future market trends.