#TariffsPause
⚡ Global markets are watching and analyzing ⚡🔥
* After trading unconfirmed news about China’s intention to lift tariffs on American goods, primarily:
- Technology chips related to artificial intelligence.
* This news came despite China denying any negotiations with the American side, while the other side insists that channels of dialogue are open.
⚡ Markets reacted quickly:
- Gold prices fell to 3,320 dollars per ounce.
- Meanwhile, stock indices rose, led by the technology and industrial sectors.
- The US dollar began to recover some of its losses, showing a clear rebound after its lowest level in three years.
* In a related context, US monetary policy officials issued warnings about the effects of tariffs on the economy, especially concerning inflation and employment.
* While some voices called for caution and reliance on data, others warned that uncertainty could lead to a freeze in investment decisions and an increase in unemployment rates.
- Simultaneous statements from the American side showed a tendency to soften the confrontational tone with Beijing, amid hopes for a "big deal" on the trade front.
* The high tariff revenues remain a source of debate:
- Are they sufficient to offset the cost of tax cuts, or will their inflationary effects outweigh their financial gains?
* Will rumors succeed in changing the course?