Daily Market Report
➢ Global markets remain upbeat following China’s Reverse Repo Rate cut and
expectations of a major US-UK trade deal announcement by President Trump, as reported
by WSJ and NYT.
➢ USD stays subdued, despite overall optimism, as the Fed maintains rates at 4.25-4.50%
and warns of heightened economic risks tied to Trump’s unpredictable trade policies.
➢ Fed Chair Powell signals uncertainty over US economic growth, citing risks of rising
inflation and unemployment during Wednesday’s press conference.
➢ Gold prices firm on safe-haven demand amid escalating geopolitical tensions—Russia-
Ukraine airstrikes post-ceasefire, and ongoing instability in the Middle East despite
Oman’s truce mediation.
➢ India-Pakistan border tensions flare, with missile strikes and artillery fire reported after
Indian operations on terror targets in Pakistan and PoK, adding to global risk sentiment.
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