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🚨 Macro Watch: Trade War Fears Cool Off 🇺🇸🇪🇺
Trump has stepped back from immediate EU tariff threats, easing concerns of fresh trade tensions.
Impact so far 👇 • Inflation risks ease
• Supply chain tail-risk drops
• Risk assets get breathing room
• Fed pressure slightly reduced
Early reaction: • Stocks stabilize
• DXY softens
⚠️ Don’t confuse relief with resolution. Trade policy remains unpredictable heading into election season.
Your take:
Risk-on continuation or temporary calm?
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