中国以反关税回应，风险情绪再次受到打击。随着我们对美国交易的展望，整体风险情绪正在回落。特朗普两天前宣布的关税只是所有这些不确定性的开始。

Risk sentiment takes another blow as China responds with counter-tariffs.This is seeing the overall risk mood slide back lower as we look towards US trading later. Trump's tariffs announcement two days ago is just the start of all this uncertainty.

今年美国GDP增长率将低于1%-瑞银全球财富管理。这增加了人们对美国经济放缓至衰退边缘的呼声，瑞银全球财富管理公司表示，美国国内生产总值可能在年内从峰值到低谷收缩约1%。

US GDP growth this year to be less than 1% - UBS Global Wealth Management.This adds to calls for the US economy to slow towards the brink of a recession, with UBS Global Wealth Management saying that US GDP could contract by some 1% peak-to-trough during the year.

美元/日元跌至6个月低点：避险资产需求旺盛。美国总统唐纳德·特朗普的全面关税刺激了对避险资产的需求。本周，特朗普宣布对所有进口商品征收10%的基本关税，将于4月5日生效。

USD/JPY Collapses to a 6-month Low: Safe-Haven Assets in Demand.US President Donald Trump's sweeping duties have fuelled demand for safe-haven assets. This week, Trump announced a 10% base tariff on all imports, set to take effect on 5 April.

欧元：意外受益人——荷兰国际集团。荷兰国际集团外汇分析师克里斯·特纳指出，欧元正意外地成为贸易驱动的风险资产抛售的受益者。

EUR: The surprise beneficiary – ING.The euro is proving the surprise beneficiary of the trade-driven sell-off in risk assets, ING's FX analyst Chris Turner notes.