2025.7.4 Jinyuan Reference News

1. In June, the seasonally adjusted non-farm payroll in the United States increased by 147,000, better than expected, and the unemployment rate unexpectedly fell to 4.1%. Traders no longer bet on the Federal Reserve lowering interest rates in July, and the probability of a rate cut in September has decreased.

(Bearish rally, how long will the dogs be able to short? How long can such a large amount of capital hold out???)

2. U.S. Treasury Secretary Basant warned countries not to delay trade negotiations, as tariffs could rise to levels seen on April 2. It is expected that about 100 countries will receive at least 10% in reciprocal tariffs. Trump will decide whether to extend the deadline of July 9; if the euro to dollar exchange rate hits 1.2, Europeans will scream, ensuring the dollar continues as the global reserve currency.

3. Trump is expected to inform trade partners of unilateral tariff rates as early as Friday local time.

4. Progress in tariff negotiations: The EU aims to reach a 'principled agreement' with the Trump administration before July 9; Japanese Prime Minister Shigeru Ishiba stated that Trump may have been misled regarding tariffs; Indonesia will sign a $34 billion trade investment memorandum with the United States; Canadian Finance Minister: We can negotiate the best trade agreement with the U.S., and there will be no more digital taxes.

5. The 'Big and Beautiful' bill in the U.S. passed the House of Representatives despite two Republican senators defecting, and Trump will sign the bill on Saturday morning.

6. Atlanta Federal Reserve President Bostic: The U.S. economy may experience a prolonged period of high inflation.

7. Trump spoke with Putin to discuss the Middle East situation, Russia-Ukraine negotiations, and plans to talk with Zelensky on military aid issues on Friday.

8. According to informed sources, U.S. Middle East envoy Wittecoff plans to meet with Iranian Foreign Minister Zarif in Oslo next week to restart nuclear negotiations; Iranian Deputy Foreign Minister: We do not intend to retaliate further against the U.S. but will continue uranium enrichment. #非农就业数据来袭 #btc