Trump pulls a big move! India calls for "duty-free" and shocks the world, Apple is advised to withdraw from India! Gold plummets, A-shares suffer a sharp decline!💥💣
Trump just revealed that India actually took the initiative to show goodwill, willing to eliminate all tariffs on American products, a definite trade spectacle! What's even more intense is that he personally called the CEO of Apple, sternly saying: "Don't build factories in India, produce more in the USA!" This maneuver directly overturns the global supply chain pattern.🍏🚫🇮🇳
Meanwhile, gold has been heavily sold off, plunging to a more than one-month low, as investors closely monitor U.S. inflation data and expectations for a Federal Reserve rate cut begin to take shape, diminishing gold's safe-haven appeal.🪙⬇️
A-shares are not spared either, experiencing a day of reduced trading volume and adjustments, with the ChiNext Index down nearly 2%, and sectors like military and computing power concepts facing setbacks, making the market feel like a cold winter, with investor sentiment heavily leaning towards cautious observation.
UBS experts coldly state: "Without new favorable news, don't expect a big rise; the gains have already been priced in." The RMB may appreciate moderately, bond market yields may decline, and as the winds shift, who will be left smiling in the end?⛈️💸
