#TrumpTariffs
๐ MARKET UPDATE โ JUNE 12, 2025 ๐
๐จ BREAKING NEWS
๐บ๐ธ President Trump is set to send letters to key trading partners within 1โ2 weeks, outlining unilateral tariff rates, ahead of a July 9 deadline to reimpose higher tariffs on multiple countries. (Source: Bloomberg)
๐ Macro Data
CPI came in higher than previous but lower than expected โ signals inflation is still climbing ๐
Market now awaits PPI data for further direction
๐ข๏ธ GEOPOLITICS & OIL
Tensions rise: US sources say Israel is prepared to launch operations against Iran
Oil surging, nearing $69/barrel โ highest since March 2025
๐ Remember: Rising war risks + tariff uncertainty = volatile market conditions โ ๏ธ