On July 8, according to Jinshi Data, BMI said in a commentary that the market may interpret the extension of the US tariff moratorium as positive news. US President Trump announced on Monday that he would extend the negotiation agreement by three weeks. The agency said that this shows that he has adopted a pragmatic approach. "This reduces the risk of a sudden and substantial increase in tariff rates." However, negotiations may prove to be complicated. BMI said that some trade agreements may be vague in details and may eventually become a framework rather than an agreement. "We do not rule out the possibility of some transactions being delayed until September or October, and in some cases, the final details may take longer to be fully agreed upon." [Deep Tide TechFlow]

Institution: The market may view the extension of the U.S. tariff moratorium as a positive signal