πŸ“Š Powell hints at rate cuts amid slowdown

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

πŸ“‰ Powell signals further rate cuts amid hiring slowdown
🌍 IMF upgrades U.S. outlook despite tariff risks
πŸ€– AI investment boom may not trigger financial crisis
πŸ“Š USA Rare Earth shares surge amid trade tensions
πŸ‡ΊπŸ‡Έ Trump to meet Xi in South Korea to ease tensions
🎁 +7 more stories you might like

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πŸ“‰ Powell Indicates Further Rate Cuts as Hiring Slows Link
  • Federal Reserve Chair Jerome Powell suggests more rate cuts due to a slowdown in U.S. hiring.
  • The Fed's decision aims to address employment risks while balancing inflation concerns.
  • Powell's comments reinforced expectations for monetary easing at the upcoming meeting.
🌍 IMF Upgrades U.S. Economic Forecast Amid Tariff Uncertainty Link
  • The IMF raised its growth projections for the U.S. economy, citing less disruption from tariffs.
  • AI investments are partially offsetting the negative impact of trade tensions, according to the IMF.
  • Despite the upgrade, the IMF warns of ongoing risks from trade policies and potential market volatility.
πŸ€– AI Investment Surge May Not Lead to Systemic Crisis, Says IMF Link
  • IMF's chief economist warns of a potential AI investment bust similar to the dot-com bubble.
  • Current AI investments are not heavily leveraged, reducing systemic risk to the financial system.
  • A market correction could impact sentiment and asset prices but unlikely to cause widespread financial instability.
πŸ“Š USA Rare Earth Shares Soar Amid U.S.-China Trade Tensions Link
  • USA Rare Earth Inc. sees a significant stock price increase due to escalating trade conflicts.
  • The company is well-positioned to capitalize on the growing semiconductor market demand.
  • Analysts anticipate continued growth as the firm expands its presence in AI and IoT sectors.
πŸ‡ΊπŸ‡Έ Trump and Xi Set to Meet in South Korea to Discuss Trade Link
  • President Trump plans to meet Chinese leader Xi Jinping to ease tariff and export control tensions.
  • The meeting aims to de-escalate recent trade conflicts and maintain open communication channels.
  • U.S. Treasury Secretary Scott Bessent confirms ongoing negotiations despite recent provocations.

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