Up, up and away, from the US [Video]
|The US dollar is sliding, gold and silver are climbing, and global markets are quietly learning to look elsewhere. Trade deals with India, Mercosur and China are showing that allies and investors alike are diversifying away from the US, while European and Asian equities shrug off tariff threats.
On the Fed front, Jerome Powell sticks to the data, ignoring the political chatter outside the Fed’s doors, but precious metals are paying close attention.
In equities, mood is great this morning, especially across tech. ASML surprised with record bookings, signaling robust demand for EUV chip machines, while US Big Tech gears up for a busy earnings session. From Kospi highs to European defence spending and early signs of home-grown tech alternatives, the world is moving — up, up, and away from old dependencies.
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