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US Commerce Secretary Lutnick said the US and China finalized a trade deal 2-days ago and the US will lift export curbs on semiconductor engineering software and some materials in exchange for China re-starting rare earths shipments to the US, Bloomberg reports. A framework for a deal was agreed upon 2-weeks ago.
Yea.. a little. But need to wait September for federal reserve rate cut and next federal reserve chairman announcement. But market is forward looking so it'll be bullish from now onwards. Especially when Israel Iran war has stopped escalating