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Taiwan Stock Market Shows Confidence Amid Turbulence, Investment Trusts Anticipate Year-End Rally

Taiwan Stock Market Shows Confidence Amid Turbulence, Investment Trusts Anticipate Year-End Rally

According to reports, the announcement by President Trump to postpone tariffs for 90 days has improved market sentiment, leading to a rebound in the Taiwan stock market. The latest economic data reveals that the University of Michigan's consumer confidence index exceeded expectations but still fell significantly from previous levels, indicating consumer concerns about the future.

Despite ongoing uncertainties in trade policy, the Jiankou Investment Trust highlighted that many companies reported first-quarter earnings that surpassed market expectations, contributing to a more optimistic market sentiment. Notably, Bitcoin surged, further boosting the performance of risk assets.

In the stock market, both the S&P 500 and Nasdaq exhibited significant increases last week. Looking ahead, attention will be focused on upcoming U.S. unemployment data and earnings reports from major tech companies. Should tariff issues continue to ease, the Taiwan stock market may find stability and see a rebound before year-end.