#TrumpTariffs

⭕U.S. President Donald Trump announces that his country has reached a trade agreement with China, indicating that America will receive an overall tariff of 55% while China will receive 10%

⭕Shortly after Trump's announcement, inflation data for the U.S. was released for May, showing a slowdown in inflation on a monthly basis, while it accelerated on an annual basis

⬅️So how did global markets react to these developments?

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

▪️Oil prices maintain