Hot spot tracking
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US Treasury Secretary Besant: Several major agreements are close to being reached; if countries that received tariff letters fail to reach an agreement, the tariff rates will revert to April levels starting August 1. This news is negative for the US dollar and US stocks.
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According to British media: The US made a last-minute demand, threatening to impose a 17% tariff on European agricultural products. Reports indicate that the EU failed to achieve a breakthrough in trade talks with the US. This news is negative for the euro.
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Yemeni official: A merchant ship was attacked by Houthi forces in the Red Sea. This news is bullish for crude oil and gold.
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