interest rate
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
When asked whether July was too soon for a rate cut, Powell responded that he "can't say"
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
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
The market has largely eliminated the geopolitical risk premium after the ceasefire announcement
Investors await Federal Reserve comments for future direction amid fluctuating gold prices
The U.S. dollar fell to its lowest level since March 2022, making gold less expensive for holders of other currencies
In the Asian stock market, Japan’s Nikkei rose 0.3 percent and Taiwan’s benchmark climbed 1.09 percent
