Risk Appetite Takes a Hit as Trump’s Tariffs Return to the Spotlight
From Investing.com.: 2025-06-03 05:33:00
The dollar is facing pressure as Trump takes a tough stance on trade negotiations, demanding trade offers from key partners by June 4. This shift in tactics could lead to either increased tariffs or low tariffs depending on the offers received. Critics believe Trump’s actions may become more unpredictable in response to expectations of predictability. Equities had a mixed start in June amid concerns about negative newsflow impacting risk appetite. Data releases and Fedspeak could influence market sentiment, with a focus on the US labor market report on Friday. Gold and oil prices dropped slightly after Monday’s gains, with gold hovering around $3,360 and oil struggling to maintain the $63 level.
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