Markets News

China-US Geneva Trade Talks Joint Statement Released, Gold Plunges More Than 2%!

China-US Geneva Trade Talks Joint Statement Released, Gold Plunges More Than 2%!

· U.S. Treasury Secretary: Will study how to address non-tariff barrier issues. This news is bullish for the dollar. · Trump signed an executive order to lower drug prices and issued a threat of auto tariffs against countries that do not reduce prices. This news is bullish for the healthcare sector. · Goldman Sachs delays Fed rate cut expectations to year-end, lowers U.S. recession odds. This news is bullish for the dollar.

TOPONE Markets Analyst
2025-05-13 09:30:25
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