Asian stocks retreat as Japan’s exports fall as tariff pain deepens.
The FED will have to use macro data, that are giving mixed signals, to choose the path.
Traders are now leaning toward a 25 basis point cut in September.
Gold goes up and dollar down on Bessent's comments.
Consensus at 90% for a FED cut in September.
Japan’s Nikkei hits record high as global trade outlook improves.
US inflation to rise as higher tariffs feed through.
"With GPT-5, it is like talking to a legitimate PhD-level expert in any area you need."
Trump doubles India tariff to 50% to punish Russian oil buying.
"We're getting along with China very well," Trump said.
"Mounting evidence that the job market is softening and there are no signs of persistent tariff-driven inflation."
The data spells a pretty dramatic slowdown.
