*Oil and Gold spiked on escalating Iran-Israel warmongering and
evacuation of US personnel from Iraq and other potentially risky Middle
East locations*
· *Although Trump announced 55% tariffs on China as a preliminary offer,
he may soon withdraw the 20% Fentanyl levy and 5% reciprocal tariffs to
bring it to 30% Geneva agreement levels*
· *Trump wants to open up the Chinese market more for US goods &
services, especially in erstwhile restricted areas*
· *Trump may also be pressuring Iran either to accept his nuclear deal
or face an all-out war with Israel;*
· *Higher global supply and subdued demand may not allow a durable rally
in oil above $70-80*
· *Dow Futures slid early Thursday after an 11-year-old Boeing 787 plane
crashed in India, Ahmedabad; Boeing down almost 8% in pre-market trading*
*https://www.iforex.in/news/stocks-slid-trump%E2%80%99s-china-trade-and-iran-war-202506121000
*
*
*
--
Regards,
Ashish Ghosh
Regards,
Ashish Ghosh
Capital Market Analyst/Signal Provider/Content Writer-iFOREX
telegram: asisjpg
Gmail: ashishghoshjpg
NSE CERTIFIED MARKET PROFESSIONAL-LEVEL-2
Technical & Fundamental Analysis
India/Global -Consultant (B2B/B2C)
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