Charts of the Day
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Equities struggle to find directional drivers.
The latest tariffs are set to take effect on August 1.
A July rate cut is off the table.
Today we get nonfarm payrolls. Tomorrow US markets are closed.
Gold stronger as Trump tax bill stokes US deficit concerns.
Any disappointment in the payroll data this week could prompt another round of dollar selling.
Stocks hit record as Fed cut bets gain momentum.
Trump calls Jerome Powell “terrible”.
July will bring tariff resets and (missed) rate cut expectations.
Dollar weaker again at 1.16.
Dollar and oil stronger.