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About: anakin

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The USD declined against most major currencies, while the S&P and NASDAQ closed lower today

USD declined broadly; stocks fell in U.S.; gold rose; oil dropped despite OPEC+; yields climbed.

Following an OPEC production increase, WTI Crude Oil prices are recovering from recent drops

WTI crude rebounds after OPEC output plan; Russian exports, sanctions, and technical levels drive volatility.

In the upcoming fortnight, Trump plans to declare tariffs on pharmaceuticals according to sources

Trump plans new pharmaceutical tariffs to reduce import reliance, sparking concerns over drug costs and trade impact.

Pressure on the US Dollar persists as investors anticipate upcoming central bank rate decisions

US Dollar weakens further; markets eye central bank moves, key data, commodity shifts, and global PMIs ahead.

Lutnick expressed that a complex trade agreement with Canada might be achievable despite challenges.

US Commerce Secretary Lutnick highlighted trade deal challenges with Canada, signaling no agreement is expected soon.

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