Fresh doubts about the strength of the US economy have hit sentiment as markets remain subdued after ISM Services PMI data showed a sharp miss in July. The Dollar has returned to post-NFP lows, while gold eases from highs. Trump’s tariff threats on pharmaceuticals and chips are keeping equities in check. US Economic Concerns Mount with rising price pressures and a weakening labor market. Dollar struggles near lows as Treasury auctions are eyed. Tariff and Fed uncertainties heighten again as Trump confirms sectoral tariffs and potential Fed nominees. Stock markets bounce back despite developing risks, with hopes for trade war de-escalation. Gold subdued but oil rebounds as market sentiment improves.

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