Donald Trump
President Trump announced tariffs ranging from 20 percent to 30 percent, bypassing lengthy negotiations
Trump's letters detail tariff rates ranging from 20 percent to 30 percent for 10 countries simultaneously
Investors are now awaiting the non-farm payrolls report on Thursday, which is expected to show an addition of 110,000 jobs in June
Markets are currently pricing in 64 basis points of rate cuts by the Fed this year, with only a 21 percent chance of a cut in July
Trump emphasizes the bill's benefits for all Americans
Gold prices dipped slightly as investors awaited U.S. payroll data and Fed Chair's remarks
Upcoming week includes ISM Manufacturing PMI and Nonfarm Payrolls report for June
OPEC+ plans to increase output by 411,000 barrels per day starting in August
Investors await Federal Reserve comments for future direction amid fluctuating gold prices
The Kingdom is diversifying its economy with strategic investments in tourism, entertainment, and technology sectors
Rising tariffs are dampening global economic momentum and reigniting domestic inflationary pressures
