In Orlando, Florida, investors experienced a boost as the Nasdaq recorded its first gain in five weeks. Major central banks expressed concerns about the impact of President Donald Trump's trade conflicts on global growth, inflation, and interest rate predictions. This uncertainty created a challenging environment for investors worldwide, leading to mixed market movements.

The MSCI World equity index ended a four-week losing streak with a 0.7% increase, while the S&P 500 and Nasdaq saw gains of 0.5% and 0.17%, respectively. European stocks also surged by over 1%, marking their best performance in five weeks. Despite high yield credit spreads tightening and gold prices rising, Treasury yields decreased as the dollar slightly strengthened.

The upcoming week remains uncertain, with no clear signals on political, policy, or data releases. The looming end of the quarter and President Trump's expected tariff announcement on April 2 continue to add to the market's uncertainty. Businesses, consumers, and investors are cautious due to the ongoing trade tensions, potentially delaying investment and spending decisions.

This year, a significant trend has been the movement of capital away from Wall Street toward foreign markets. U.S. stocks have lagged behind global markets by approximately 13%. Europe has notably benefited from this shift, especially with Germany's fiscal policy changes expected to boost growth in the eurozone.

However, with the prevailing trade uncertainties and concerns raised by central bank officials on both sides of the Atlantic, the outlook for the near term remains foggy. The upcoming week is anticipated to be equally unpredictable, requiring investors to navigate through uncertain market conditions.