Global markets are quiet with Japan on holiday and President Trump golfing. Nikkei futures near all-time highs. Nvidia and AMD to give U.S. 15% of AI chip revenue for export licenses. U.S. consumer prices may rise to 3.0%, impacting Fed rate cut expectations. Tariffs causing chaos in gold and copper markets.

Deadline for U.S.-China trade deal looms, likely to be extended. Uncertainty persists over tariffs on Swiss gold bars and Japanese exports. Oil prices slip ahead of Trump-Putin talks on Ukraine. Misunderstandings and risks abound, with potential for Alaska adventure cancellation. Markets await clarity and resolution.

Read more at Yahoo Finance: Nikkei looks to rejoin the all-time high club