#AltcoinETFsPostponed ⭕ Here are the latest market developments .. 📊

⭐️ Trump signed a decree yesterday ordering a partial reduction of tariffs on the automotive sector, which led to a decline in demand for gold and silver and their prices.

⬅️ However, he returned to attack the Chairman of the Federal Reserve, Jerome Powell, stating, "I have someone at the Federal Reserve who is not doing his job well."

⬅️ This has reignited market fears of his potential dismissal in the future.

• In Australia, inflation data came in positive, which supported the Australian dollar against other currencies.

• The manufacturing purchasing managers' index in China dropped to its lowest level since 2022, affected by the trade war, which pressured the New Zealand dollar.

📚 Today, we have several economic events that will in turn impact the markets (see the pinned post).