📊 Here are the most prominent developments in the markets:
📊 Gold records new highs with fears of a further escalation of the trade war between China and the United States.
⬅️ This is after Trump stated that he is in no hurry to speak by phone with the Chinese President in order to reach understandings.
⚠️ China had responded to the US customs duties by imposing 15% fees on US imports that will come into effect on 2/10/2025.
• Today, the US non-agricultural jobs for the private sector will be issued, and the numbers indicate an increase from 122 to 148 thousand.
- Therefore, any number below 148 will be negative for the dollar and vice versa, positive for the dollar if it is higher.
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