
From Big & Beautiful to Ugly & Personal
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...