Insights 
Lower tariffs ease pressure, but supply chains need months to recover amid delays, congestion, and rising demand.
USD/JPY may stay range-bound short-term; USD shows momentum with key resistance at 149.30, support 146.00.
Goldman Sachs lowers recession odds, expects fewer Fed rate cuts, and boosts S&P 500 year-end target.
NZD may decline toward 0.5835, with resistance at 0.5960; downside risks exist but remain limited.
UBS raises China’s 2025 growth forecast as trade war impact fades, signaling improved economic prospects.
Yen and franc weakened as U.S. policy shift boosted dollar; Fed rate cut timing remains uncertain.
Xi Jinping promotes global cooperation, supports Latin America-Caribbean development, and pledges economic aid amid trade tensions.
Silver rose 1.40% to $33.05; strong demand, weaker dollar, and safe-haven appeal drove gains.
Yen strengthens on FX talk signals; yuan gains on PBOC support; Australia’s data shows mixed trends.
US and China agree to tariff cuts; China plans fiscal, monetary measures to offset economic slowdown risks.
