Dollar Weakens as Chinese Stocks Rally on Tariff News

Reported 3 months ago

The dollar weakened for the first time in six days, while Chinese stocks surged on reports that President-elect Trump's team is considering a gradual approach to implementing tariffs on China. This positive sentiment has led to gains in the stock markets across Asia, with the S&P 500 futures also rising. Meanwhile, traders are eager for upcoming inflation data which could influence the Federal Reserve's interest rate decisions.

Source: YAHOO

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