Hot spot tracking

  • The UK and US have reached a trade agreement: maintaining a 10% baseline tariff on the UK, expanding market access for both sides, canceling tariffs on UK steel and aluminum, implementing zero tariffs on US agricultural products, and implementing a tiered tariff on UK auto imports. This news is bullish for the pound.
  • The Bank of England cut interest rates by 25 basis points, with the vote showing division. This news is negative for the pound.
  • India-Pakistan conflict: Pakistani military has shot down 25 Indian drones, with casualties on the Pakistani side. This news is bullish for crude oil.

Product Hot Comment

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  • Crude Oil
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