UBS strategist Bhanu Baweja predicts an 8% S&P 500 decline, citing weakening consumers, earnings cuts, and policy uncertainty.
Trump defended tariffs, citing revenue and jobs. He mentioned Ukraine-Russia talks and noted market shifts and inflation.
Australia’s inflation holds at 2.5%. Government budget faces opposition over tax cuts, termed an electoral bribe.
Tim Cook praises Deepseek in China, boosting Apple shares, while Nvidia faces a bearish Death Cross downturn.
Ukraine and Russia agreed to a 30-day ceasefire to protect energy infrastructure and enable further negotiations.
US stock markets saw moderate gains, but momentum slowed due to weak consumer confidence and economic uncertainty.
Bond yields decline, AUD weakens, gold consolidates, Ripple ends appeal, and markets await economic data and tariffs.
Trump acknowledged increased efforts by Mexico and Canada, positively impacting trade relations and potentially preventing tariffs.
Global electricity demand rises 4.3%, driven by heat, electric mobility, and AI; renewables and nuclear meet needs.
Trump advocated lower interest rates, defended tariff plans, denied sharing classified information, and linked tariffs to job growth.
Insights 
VT 
