#TrumpTariffs

To a trade agreement with China, indicating that America will receive total tariffs of 55% while China will receive 10%

⭕Shortly after Trump's announcement, inflation data in America for May was released, showing a slowdown in inflation on a monthly basis, and its acceleration on an annual basis

⬅️How did global markets react to these developments?

▪️Gold futures maintain their gains and trade up by about 1%, recording levels of $3379.9 per ounce, awaiting confirmation from the Chinese side

▪️Oil prices maintain their gains at the highest level in about two months, amid optimism that the agreement will help stimulate global economic activity and demand for crude

▪️Brent crude futures rise by about 1.4% to $67.82 per barrel, while U.S. crude futures climb by 1.7% to $66.09 per barrel

▪️Futures contracts for U.S. indices on