China said it was fully prepared to respond
with a "fierce counter strike" to Trump’s threat for $100 billion more in tariffs on
Chinese imports. The week ahead promised to be high stakes with high expectations as earnings season heats up.
Traders are expecting one of the best US quarterly earnings season boasted by the implementation
of the
reformed US Tax to show its biggest quarterly profit growth in seven
years. The corporate reporting kicks off
in earnest on Thursday and Friday with reports from several large financial
institutions including BlackRock and JP Morgan.The fragile market could be further upset
by disappointments . The most volatile U.S. stock market in two years
will meet 3 major test in the coming weeks as first-quarter earnings pour in,
announcements of the outcome of NAFTA renegotiation when Trump meets Mexico
President and Canadian PM at the end of the week and Chinese President Xi
speech on Tuesday for any reference to the Trade war .
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