🔵 Key Developments:

• The ceasefire between Iran and Israel led to a recovery in markets and a rise in stocks.

• However, the dollar came under pressure, while central banks began to shift toward gold, the euro, and the yuan.

• Trump pressures Powell to cut interest rates to save $800 billion annually.

⬅️ However, the Fed is sticking to a "wait and see" policy amid uncertainty stemming from tariffs.

⚠️ Markets are awaiting Fed Chairman Powell's testimony and the US new home sales report.

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