Bessent (US Secretary of the Treasury) and Lutnick (Secretary of Commerce) stated that today's talks with China were productive. Representatives from both countries will continue to meet tomorrow to follow up on trade discussions.
#Juros 🇺🇸💬 Powell remains cautious about interest rates
Today (02/06), at the 75th anniversary event of the Fed's International Division, Jerome Powell stated that U.S. monetary policy is "well positioned" and that there is no rush to cut interest rates. He avoided signaling changes, highlighting uncertainties in the economy and the importance of waiting for new data.
#Tarifas 🇪🇺🇺🇸 EU PREPARES RETALIATION TO NEW US TARIFFS 📉 #GlobalTrade #Tariffs
The European Commission announced today (31) that it is ready to adopt countermeasures in response to the recent increase in tariffs on steel and aluminum imposed by the US. The retaliatory measures, which may come into effect by July 14, aim to protect the European industry and consumers if negotiations with Washington do not progress.
#Tarifas 🇺🇸 FEDERAL JUDGE SUSPENDS TARIFF BLOCK AND GRANTS 14 DAYS FOR APPEAL 📉 #Macroeconomics #GlobalTrade
A federal judge in the U.S. temporarily suspended the decision that blocked the trade tariffs known as "Liberation Day", granting the Trump administration a 14-day deadline to appeal.
The U.S. Federal Court has blocked today the tariffs known as "Liberation Day," imposed by President Donald Trump. The court found that the president exceeded his authority by imposing broad tariffs without Congressional approval.
This decision reduces trade tensions and may provide relief for global markets, favoring risk assets like stocks and cryptocurrencies.
Those who sell the idea that altseason starts in February and March are lying, as looking at the Ethereum chart in 2021, its highest peak was in November and not in February as stated here in the publications.
41386684602 📢🚨 Trump restarts trade war against Canada and Mexico! 🚨📢
🇺🇸 US President Donald Trump announced that the 25% tariffs on Canada and Mexico will go ahead. According to him, the measure will be beneficial to the United States:
🗣 *"It will be very good for our country. Our country will be extremely liquid and wealthy again."*
This decision could intensify trade tensions in North America and affect several economic sectors.
🤔 What do you think of this measure?
💬 Comment your opinion!#Trump4138668460#TradeWar#USA #Economy
#BTC 📢 Abu Dhabi is eyeing Bitcoin and Ethereum! 🇦🇪🔥 #BTC #ETH
Abu Dhabi's sovereign wealth funds are increasing their crypto bets, and this could be a strong signal for the market!
✅ First, the Abu Dhabi National Wealth Fund has already purchased $436 million in Bitcoin and Ethereum ETFs in the first quarter alone.
✅ Now, CZ (founder of Binance) revealed that other sovereign wealth funds in the region may also be buying BTC, including Mubadala, one of the largest investment funds in the United Arab Emirates.
The SEC has accepted Grayscale's application for a Dogecoin ($DOGE) Spot ETF for review! This means the application has officially entered the SEC's review process. 🚀🐶
#inflação 📢 🚨 US producer inflation higher than expected! 🚨
The Producer Price Index (PPI) for January rose 0.4% (vs. 0.3% expected), and the December figure was revised from 0.2% to 0.5%.
This reinforces inflationary pressure, which could lead the FED to keep interest rates high for longer. In addition, the PPI has components in common with the core PCE, the inflation indicator most closely monitored by the FED.
📊 Market watch! High interest rates for longer may impact risk assets. Stay tuned!
#uniaoeuropeia 🚨 BREAKING NEWS: 🇪🇺🇺🇸 European Union to reduce tariffs on US cars!
The European Union probably made this announcement fearing that the tariffs Donald Trump intends to impose today will include the bloc. To avoid these tariffs, the Europeans may have rushed to announce this measure, trying to calm the situation.
Today, the most important data on the US labor market was released. The long-awaited payroll came in below expectations, but the unemployment rate fell.
The point that I have been warning about as most relevant, the growth in hourly wages in the United States, exceeded projections. This may be a reflection of the policies of deporting illegal immigrants implemented by Donald Trump.
We must remain vigilant, as this scenario may generate inflationary pressures in the future. Overall, the data was mixed.