đ Citi: April 2 Tariff Policy Day Could Trigger Major Market Moves
In its latest report, Citi outlines 3 key scenarios for the U.S. tariff announcement and their market impact:
1ïžâŁ Reciprocal Tariffs Only â Limited market reaction
2ïžâŁ Reciprocal Tariffs + VAT â
âą DXY could jump 50â100 bps
âą Global equities may fall
3ïžâŁ Reciprocal Tariffs + VAT + Sector Tariffs â
âą Most severe market reaction expected
đ After the worst Q1 start for the S&P 500 since 2020, analysts warn of downside risks ahead.
đ„ âThe April 2 market reaction will hinge on timing, sectors impacted, and global retaliation speed.â
