As the trade war between the United States and its partners escalates, the U.S. dollar hit its lowest level in three months. However, this wasn't the only factor driving financial markets. A major reform in Germany's government borrowing policy triggered a massive sell-off of German debt, the largest since the late 1990s.
At the same time, investors watched the start of China's annual parliamentary session, where Beijing reaffirmed its commitment to achieving sustainable economic growth of around 5% by 2025. These trends show that global markets face multiple challenges, from U.S. trade protectionism to changes in European financial policies, making the coming period full of volatility.