Nomura: Further clarity on trade tariffs could help markets eventually move higher

Odaily Planet Daily News - Nomura Securities analysts said in a research note that as the July 9 deadline approaches, the market may be volatile. The near-term outlook may depend on several key factors, including tariff rates, the effective date of such tariffs, and the countries involved in the new agreement. "While uncertainty remains high across a variety of possible scenarios, we believe that further clarity on trade tariffs may actually help the market eventually move higher," the analysts said. They said the new tariff agreement could reduce uncertainty and allow investors to temporarily focus on other positive developments, such as the Fed's rate cut theme and artificial intelligence narrative. (Jinshi)