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$BTC $ETH $XRP 🔴 Gold rises, supported by a weaker #dollar and escalating trade tensions between Beijing and Washington, amid uncertainty about the future of trade talks between the two countries.
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$BTC $ETH $XRP 🔴 #Oil prices are falling after #OPEC+ announced an increase in production, while concerns about the global economic outlook continue amid US tariffs and the escalating trade war, increasing pressure on markets.
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$BTC $ETH $XRP 🔴 Green dominates Asian markets' closing bell, led by a 2.66% rise in the South Korean stock market after the opposition leader's victory in the presidential election, boosting investor optimism about future economic trends.
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$BTC $ETH $XRP 🔴 US President Donald Trump in a post on Truth Social: • I like Chinese President XJ , always have, and always will, but he's very tough, and it's very difficult to make a deal with him.
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$BTC $ETH $XRP 🔴 [Quick Facts]: 1. Japan's services PMI fell to 51.0 in May, and activity growth slowed. 2. The US government proposes its first spending cut plan, requesting the return of $9.4 billion. 3. The White House announces a 50% increase in tariffs on steel and aluminum imports. 4. Vote counting has concluded in the South Korean presidential election, with Lee Jae-myung receiving 49.42% of the vote. 5. Trump proposes a new framework for the nuclear deal with Iran; Iran will respond in a few days. 6. US job openings unexpectedly rose in April, and hiring activity accelerated. 7. Before the new steel and aluminum tariffs take effect, the UK is scrambling to salvage the steel tariff agreement with the US. 8. Cook: Tariffs could lead to a rebound in inflation, putting pressure on the labor market.
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