The US stock market regained momentum, boosted by the White House's announcement of a 15% US corporate tax cut, which is part of President Trump's "extraordinary" fiscal plan. According to the latest news, personal income tax will also be partially reduced. More details will be released on Wednesday. Trump paid more attention to tax cuts than the fiscal deficit. Therefore, the debt ceiling of the United States will be adjusted and the result of government shutdown will be avoided. However, at present, the situation is very good. Private sector investors have been boosted, and optimism has returned to the U.S. market.

The US stock market rose to a three week high, boosted by the early signals of Trump's tax reform plan. Dow Jones approached $20 '800, and s&p500 rose to $2' 377. The upward trend will continue until more details are released on Wednesday.

The optimism of the US market will be transmitted to the European stock market. The DAX index is expected to rise, setting a new record for the second consecutive session. After the results of the French presidential election were announced yesterday, the index has risen to a record high (€ 12456.18). The FTSE index is expected to rise 18 points, as oil prices rebounded for the first time after eight consecutive declines. Trump's fiscal plan boosts fed hawks. The expansionary spending plan is expected to keep the Federal Reserve vigilant on monetary conditions. The Federal Reserve will step up the tightening of monetary policy and carry out a table reduction program at the same time. Although the 10-year US Treasury bond remained at 2.3%, the possibility of raising interest rates in June increased to 66.5%, compared with 43% a week ago. What the market tacitly knows is that if the probability of prediction is more than 80%, it can almost be determined that interest rates will be raised. At this time, if we do not take action, it will squeeze the market.