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$SOL
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Cryptocurrency market finds footing after jitters.
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US and China Forge Preliminary Trade Deal Framework A significant step has been taken to de-escalate the trade war between the United States and China. The two nations have successfully agreed on the framework of a potential trade deal that will be finalized when their respective leaders meet later this week. The agreement addresses several critical points: A final resolution is included regarding the controversial US operations of social media platform. China has agreed to defer the implementation of its recently tightened controls on rare earth minerals. The US will likely avoid imposing the threatened 100% tariff on Chinese goods. In return, China will commit to resuming substantial purchases of US soybeans. This preliminary deal marks a major effort by both of the world's largest economies to prevent further escalation in their ongoing trade tensions. Yes, a framework for a trade deal between the US and China is highly likely to affect the trade market. Supply Chain Stability: The deferral of China's rare earth mineral controls is seen as stabilizing for key global manufacturing industries, especially in technology and electric vehicles, which rely on those materials. This provides a temporary relief from major supply chain uncertainty. Boost to Global Stock Markets: Reducing the threat of escalating tariffs (like the potential 100% tariff being avoided) usually increases investor confidence and risk appetite, leading to gains in stock markets globally. Commodity Price Impact: Agricultural Goods (Soybeans): The commitment by China to resume substantial purchases of US soybeans typically causes the prices of those commodities to rise. #MarketRebound #PowellRemarks #BitcoinETFNetInflows #MarketSentimentToday #exchange
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Learn and Earn Programme join and enhance your earnings by learning with Binance. How many of you are new here ? Do you really want to learn about trade and related economical strategies? Join and get command on your trade skills by participating these type of quiz programmes. Increase your knowledge and talk on Square Talks by posting your experiences and get more engagements on your post. follow for more updates and links. Refer Friends.Get 100 USD Trading Fee Credit Each. https://www.binance.com/activity .#MarketRebound #BinanceSquareTalks #BinanceSquare $USDT
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$USDT The USD is currently selling against riskier assets like the Australian and New Zealand Dollars as risk-on sentiment improves due to anticipated progress in US-China trade talks. However, the Dollar Index (DXY) is holding near 98.8, supported by a bullish technical outlook and the major focus being on the upcoming Fed rate decision (expected cut) and the Trump-Xi meeting later this week.#USDT #MarketRebound #TrumpBitcoinEmpire #BinanceHODLerENSO $BTC $SOL
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