#加密市场反弹 After waking up, the financial market is in a frenzy! US stocks and the cryptocurrency market have surged significantly, and all of this stems from Trump's three major concessions made at 00:00, 01:00, and 05:00.
US Treasury Secretary Mnuchin was the first to speak out, stating that the trade war with China is unsustainable and that a de-escalation is imminent.
Shortly after, Trump himself stated: "A 145% tariff is too high; tariffs on China will be significantly reduced, China will be satisfied, and the US and China will work together for good cooperation." Additionally, although Trump is dissatisfied with the Federal Reserve's interest rate cut progress, he made it clear that he has no intention of firing Powell.
What’s even more noteworthy is that Trump also threw out a “super egg,” claiming that he will announce a peace plan for Russia and Ukraine within three days.
Previously, the unusual movement of US Treasuries, the strong countermeasures taken by the Bank of Japan, and Powell's public challenge have all hinted at a shift in the wind.