Donald Trump and Elon Musk went from best friends to worse enemies [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

Donald Trump and Elon Musk went from best friends to worse enemies, while relations between Trump and Xi look better after the much-expected phone call between the two leaders. The rare earth metals ETFs are up while stock investors remain on the sidelines before the release of the latest jobs data from the US before the weekly closing bell... that could – maybe – further boost the dovish Federal Reserve (Fed) expectations and send major indices higher.

Elsewhere, the European Central Bank (ECB) cut rates yesterday but signalled the end of the easing cycle, crude oil continues to see support near $64.20pb mark and silver rallied nearly 10% this week as momentum traders joined in force after the price cleared an important psychological level.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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