[Mint Daily Wrap 01/Jul] Markets Waver as Tariff Tensions Resurface and OPEC+ Signals Supply Buildup
Global markets kicked off Q3 on a cautious note as renewed trade tensions, shifting Fed expectations, and commodity price volatility kept investors on edge.
The Nikkei 225 dropped over 1% on 01/July as U.S.-Japan trade tensions flared, with investors wary of looming tariff deadlines.
Despite a strong Q2 for U.S. equities, early Q3 trading reflects caution amid Fed speculation and unresolved trade risks.
Gold rose on dollar weakness and tariff fears, while oil steadied and Bitcoin closed June at a record high …
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