#TariffsPause Global markets are monitoring and analyzing ⚡🔥
* Following unconfirmed reports about China's intention to cancel tariffs on American goods, primarily:
- Technology chips related to artificial intelligence.
* This news came despite China's denial of any negotiations with the American side, while the other side insists that channels of dialogue are open.
⚡ The markets reacted quickly:
- Gold prices dropped to $3,320 per ounce.
- Meanwhile, stock indices rose, led by the technology and industrial sectors.
- The US dollar started to regain some of its losses, showing a clear recovery after hitting a three-year low.