Markets News

Trump denies firing Powell, gold surges then falls back; 150 small countries will face 10% or 15% tariffs!

Trump denies firing Powell, gold surges then falls back; 150 small countries will face 10% or 15% tariffs!

· Trump: I hope oil prices can drop a little more, $64 per barrel is great. This news is bearish for crude oil. · The US June PPI annual rate was recorded at 2.3%, below the expected 2.5%, hitting a new low since September 2024, with the previous value revised up from 2.6% to 2.7%. This news is negative for the US dollar and US stocks. · Trump: Will send universal tariff rate notices to more than 150 small countries, possibly imposing tariffs of 10% or 15% on smaller countries. This news is bearish for the dollar.

TOPONE Markets Analyst
2025-07-17 08:14:04
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