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CICC Wealth Futures: It is expected that the probability of a market rebound and recovery in the near future is relatively high.
Overnight, the global markets experienced a dramatic reversal, with U.S. stocks surging sharply. Iran and the United States each declared victory, and Trump announced acceptance of a two-week ceasefire; Iranian media claimed the U.S. was “forced to accept” its ten-point plan. Negotiations between Iran and the U.S. are set to begin on April 10 in Islamabad, Pakistan. If the Iran-U.S. issue is resolved, the global economy will face relatively limited pressure, which is indeed conducive to a rebound in risk assets. The probability of a recent market rebound and recovery is relatively high. (CICC Wealth Futures)