U.S. markets cooled off a bit after hitting record highs — traders are now locking in profits and waiting for the Fed’s next move, with a rate cut almost guaranteed this round.
At the same time, there’s fresh optimism from U.S.–China trade talks, hinting at a possible mini-deal that could roll back tariffs and boost global sentiment.
Tech stocks are still on fire 🔥 — Qualcomm jumped over 11% after launching a new AI chip, keeping the market’s mood risk-on.
Risk appetite is strong, dollar looks soft, and commodity currencies like AUD and NZD could keep flying if the Fed confirms the cut and China headlines stay positive.
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