Dollar Weakens as Chinese Stocks Rally on Tariff News

Reported about 23 hours 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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