#PowellRemarks 🔵Important Developments
🔷 Nvidia announces that it may face losses of 5.5 billion US dollars due to tariffs.
⬅️ Meanwhile, China has suspended the receipt of American Boeing aircraft in response to US tariffs.
🔷These new events have led to an increase in demand for gold, reaching new historical peaks of 3300 dollars and above per ounce.
🔷Therefore, the impact of the prevailing tariffs on the market remains, and any breakthrough in this file will strongly support currencies and indices.
🔷The most important thing we are waiting for today is the US retail data, and more importantly, the speech of the Chairman of the US Federal Reserve at 17:30 GMT, as the market will be watching for any hints regarding the future of monetary policy.
Very important news.