🔰 The US market fall ...

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🔰 Trump is vowing an additional 50% tariff on Chinese goods, effective Wednesday, if Beijing follows through with its announced retaliation.

🔰 That would bring the total tariff rate applied to Chinese goods to 104% so far this term, a White House official confirms to me.

#USD #Gold #Oil🛢
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🔰 UK 30-YEAR YIELD CLOSES 21BPS🔺 HIGHER, BIGGEST JUMP SINCE 2022

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🔰 What the China order book looks like with 104% or 124% tariffs...

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🔰 There is no important news today .

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🔰 Financial institutions and bank order :

Tuesday

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2. Video !

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🔰 China MOFCOM says China strongly opposes 50% additional tariffs and urges resolution of disputes with United States via dialogue.

🔰 European bourses are on a firmer footing with US futures also in the green; ES +1.5%🔺.

🔰 #USD softer vs. most major peers, antipodeans lead, #EURUSD remains on a 1.09 handle.

🔰 Bonds were initially contained but has recently given way to pressure as the risk tone recovers.

🔰 Crude choppy in a tight range while metals benefit from a softer Dollar ahead of trade updates.

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🔰 TRUMP: CHINA ALSO WANTS TO MAKE A DEAL, BADLY, BUT THEY DON’T KNOW HOW TO GET IT STARTED. WE ARE WAITING FOR THEIR CALL.

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🔰 Trump imposes 104% tariffs on China again!!!!!

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