Hot spot tracking

  • Trump: Reached a trade agreement with the Philippines, imposing a 19% tariff on the Philippines. The Philippines will open its market to the United States and implement zero tariffs. This news is bullish for the dollar.
  • Trump says the US is considering eliminating capital gains taxes on home sales. This news is bullish for US real estate.
  • US Treasury Secretary: The Fed should cut interest rates now. There is no sign that Powell should resign now. This news is negative for the dollar.

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