🌍 GLOBAL CUES: MIXED MARKET OPENING AHEAD 🌍
🔔 Key Updates:
The US has extended the tariff deadline to August 1, with fresh duties ranging from 25% to 40% planned on over 10 nations!
Japan and South Korea are facing a 25% tariff hit, while the EU is in negotiations to avoid a higher tariff slab, aiming for a 10% deal.
Stay tuned for an upcoming announcement regarding India!
📉 Market Reactions:
Stocks are slipping as Trump threatens tariffs on several trade partners.
Oil prices are declining as traders assess the impact of US tariffs and shifts within OPEC+. However, tensions in the Middle East are escalating, with increasing attacks in the Red Sea.
⚡ Tesla Update: The stock has dropped 7% following Musk's recent political maneuver.
📈 Market Indicators:
The 10-year yield has edged up to 4.39%.
The dollar has strengthened slightly, reaching the 97 level.
Keep an eye on these developments as they unfold! 📊💼

















