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TRUMP: We must accelerate production of defense equipment.

2026-07-09

TRUMP: We must accelerate production of defense equipment.

Other News
2026-07-08

Haitong International chief economist Zhang Yidong said on July 8 that late‑June Fed commentary lifted rate‑hike expectations and strengthened the dollar, while end‑1H portfolio rebalancing and Meta’s compute announcement sparked demand worries — tog

Haitong International chief economist Zhang Yidong said on July 8 that late‑June Fed commentary lifted rate‑hike expectations and strengthened the dollar, while end‑1H portfolio rebalancing and Meta’s compute announcement sparked demand worries — together triggering a sharp early‑July selloff in global AI/tech stocks. He said the correction has not yet fully run and needs time to de‑risk: markets have not fully priced in a stronger dollar, sticky inflation and tighter Fed policy, and micro‑liquidity strains — overcrowded AI positioning and funding pressure on AI equities and credit — require time to unwind. After an initial large decline, some pressure from the dollar, oil/inflation and micro crowding has been partly relieved but not digested; Zhang expects the AI move to shift from a plunge to a choppy, differentiated downtrend with short‑term strength in consumer and high‑dividend assets, and a potential renewed AI uptrend once pressures ease further.
2026-07-08

Spot gold touched $4,060 per ounce, down more than $50 on the day, and is currently trading at $4,056.44 per ounce, a drop of 1.22%.

Spot gold touched $4,060 per ounce, down more than $50 on the day, and is currently trading at $4,056.44 per ounce, a drop of 1.22%.
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