The HK50 was dragged down by U.S.-China trade tensions and weak economic data, posting an 8.47% weekly loss, marking its largest decline in recent years. Attention turns to the April 2 U.S. tariff updates and geopolitical risks, with potential for continued volatility in the short term. It's advised to proceed with caution. The key support level at 21,000 points is under pressure.
Copper prices rose 2.81% for the week, driven by tight supply and trade conditions, with key resistance at $4.5075. Keep an eye on the U.S. CPI on April 14 and the EIA report on April 16, as long-term demand prospects support prices.
The NAS100 has recently been under pressure, influenced by weak economic data, trade uncertainty, and expectations of tight monetary policy. Technically, the outlook is moderately bearish, with the support level at 16,590 being crucial. Next week, attention will be on U.S. CPI data and trade negotiations, which may trigger market volatility. Investors are advised to proceed cautiously and manage their exposure to risk.