💨 Abstract

and China agreed on a 90-day pause in tariffs, leading to a surge in global stocks and the dollar. The move, described by U.S. Treasury Secretary, implies a significant drop in reciprocal duties, sparking market optimism. Analysts, however, remain cautious, anticipating continued uncertainty and potential trade tensions ahead. Market reactions were positive, with U.S. futures and European stocks rising, the dollar strengthening, and bond yields increasing.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖