#TariffsPause #Binance #Square

Global markets are watching and analyzing ⚡🔥

* After circulating unconfirmed news about China’s intention to cancel tariffs on American goods, primarily:

- Technological chips related to artificial intelligence.

* This news comes despite China's denial of any negotiations with the American side, while the other side insists that channels of dialogue are open.

⚡ Markets reacted quickly:

- Gold prices dropped to $3,320 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 recovery after hitting a three-year low.

* 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 rising unemployment rates.

- Concurrent statements from the American side showed a tendency to soften the confrontational tone with Beijing, amid hopes of reaching a "big deal" on the trade front.

* The high tariff revenues remain a source of controversy:

- Are they enough to compensate for the cost of tax cuts, or will their inflationary effects outweigh the financial gains?

* Will rumors succeed in changing the course?