In the upcoming week, global markets are poised to remain highly responsive as investors keenly observe developments in trade dynamics. The ongoing uncertainty regarding the impact of increasing tariffs—particularly concerning the U.S. economy—continues to weigh heavily on market sentiment, thus influencing volatility across various asset classes. Concurrently, the U.S. earnings season will gather pace with key financial institutions such as Goldman Sachs, Bank of America, and Citigroup set to release their reports. Joining them are industry giants like Johnson & Johnson, Abbott Laboratories, American Express, Blackstone, UnitedHealth Group, and Netflix. On the economic docket, significant data releases include U.S. retail sales and industrial production, first-quarter GDP growth figures from China, Germany’s ZEW economic sentiment index, as well as inflation and labor market statistics from the UK, and CPI data from Japan and India. In tandem, major central banks—including the European Central Bank, Bank of Canada, Central Bank of Turkey, and Bank of Korea—are scheduled to unveil policy decisions.