Uncertainty Looms Over Global Markets Amid Tariff Talks

Global stock markets showed signs of a relief rally, but uncertainty persisted due to unclear tariff policies by President Trump. Potential exemption discussions and new tariffs on Venezuelan oil added to market volatility. Key economic data and fiscal updates are expected from the UK and France.

Global stock markets demonstrated cautious optimism as stocks in Asia continued their rally on Wednesday, though the enthusiasm was tempered by growing uncertainties.

This uncertainty stems from mixed signals regarding U.S. tariffs, particularly whether President Trump's softer stance will result in exemptions by the April 2 deadline. Markets are particularly sensitive to these ambiguities.

Adding to the tension, the UK prepares for a fiscal update and economic indicators from France, which could influence market dynamics further. Investors are also eyeing speeches from U.S. Federal Reserve officials.

(With inputs from agencies.)