💨 Abstract
On Monday, stocks and the dollar surged following news that the U.S. and China had agreed to a 90-day pause on tariffs, with reciprocal duties dropping sharply. This move, announced after talks in Geneva, raised investor confidence that a full-scale trade war might be averted. Market reactions included significant gains in U.S. and European stock futures, a strengthening dollar, and rising U.S. Treasury yields.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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