Uncertainty in stock markets: U.S. trade policy and jobs data in focus

The growing confusion over U.S. trade policy and the anticipation of upcoming labor market data are fueling uncertainty in global stock markets. In Europe, the major indices are moving cautiously, especially following the drop in Wall Street, where the Nasdaq entered correction territory from December's highs. Sales in Asian markets further contributed to the fragile sentiment. Investors are now closely watching Federal Reserve Chairman Jerome Powell's statements, as they may provide crucial guidance on the future direction of U.S. monetary policy. This complex scenario has raised speculation that the Fed may keep interest rates unchanged at the March 19 meeting, following the recent rate cut by the ECB.