The introduction of new tariffs by the administration of U.S. President Donald Trump has become a catalyst for changes in global financial markets. Analysts predict that the current developments could significantly impact the global economy. Special attention should be given to forecasts from leading financial institutions, including RBC Capital Markets and UBS Global Wealth Management, which have already revised their year-end targets for the S&P 500 index.
Recently, financial markets have been witnessing significant changes in the monetary policies of various countries. One of the key events was the decision of the Hong Kong Monetary Authority (HKMA) on Thursday to keep the base interest rate unchanged at 4.75%. This move reflects the overarching trends occurring in the United States.