#TariffsPause ⚡ Global markets are watching and analyzing ⚡🔥
* After trading on unconfirmed news about China's intention to abolish tariffs on American goods, primarily:
- Technology chips related to artificial intelligence.
* This news comes despite China's denial of any negotiations with the American side, at a time when the other side insists that channels of dialogue remain open.
⚡ Markets reacted quickly:
- Gold prices fell to $3,320 per ounce.
- While stock indices rose, led by technology and industrial sectors.
- The US dollar began to recover some of its losses, showing a clear recovery after hitting a three-year low.
* In a related context, US monetary policy officials issued warnings about the effects of tariffs on the economy, especially concerning inflation and employment.
* While some voices called for caution and reliance on data, others warned that uncertainty could lead to a freeze in investment decisions and a rise in unemployment rates.
- Concurrent statements from the American side showed a tendency to soften the confrontational tone with Beijing, amid hopes of reaching a "big deal" on trade.
* The high tariffs remain a source of controversy:
- Are they sufficient to offset the cost of tax cuts, or will their inflationary effects outweigh their financial gains?
* Will rumors succeed in changing the course?