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Report: The USA will not seek a depreciation of the dollar in the trade agreement, and the dollar is expected to rise overall today.
Media reports citing informed sources indicate that the USA will not seek a devaluation of the USD in trade agreements. Secretary of the Treasury Basant is the only member responsible for dealing with these issues, with no one else assigned for MMF policy consultations, and negotiations can only take place in Basant's presence. The USD surged about 20 points in the short term, rising above 101, with an overall increase during the day.
Federal Reserve Vice Chairman: Tariffs may disrupt the path of inflation decline and economic growth will slow down.
Jefferson stated on Wednesday that the latest inflation data shows the USA is continually moving toward the Federal Reserve's 2% inflation target, but the future trend of inflation still faces uncertainty.
U.S. stocks are moving differently | Spot Gold has dropped below the $3200 mark, causing the Gold Sector to decline.
Spot Gold has broken through the 3200 dollar mark, now down more than 2%.
Dollar Slips; Dow Opens Higher -- WSJ
Is the dollar just a "flash in the pan"? Wall Street insiders: market confidence in the dollar has collapsed.
① Jens Nordvig, the founder of Wall Street research firm Exante Data, believes that the recent rebound of the dollar is a "flash in the pan" and that investor confidence in the dollar has been shaken; ② he thinks that a bear market lasting several years has only just begun; ③ Nordvig advises clients to build positions in euros and Gold as a hedge, and predicts that the pressure on the dollar may intensify around September.
Is the USA's CPI cooling in April? Wall Street is calling out: "The inflation storm" is still coming, possibly as soon as next month!
① Wall Street Analysts warn that consumers may face a new wave of inflation in the coming months due to companies hoarding inventory to avoid tariff costs; ② In April, the USA's CPI rose 0.2% month-on-month and 2.3% year-on-year, lower than market expectations, indicating an unexpected cooling of inflation.
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ayah zan : rasa mcm kene switch ke gold la plak