[Mint Daily Wrap 30/May] Global Markets Wobble on Tariff Revival
A mix of rising inflation, renewed tariffs, and OPEC+ supply concerns rattled markets globally, leaving traders wary and heightening safe-haven demand in precious metals.
Japanese stocks fell after Tokyo’s core inflation surged to 3.6% in May, while a US appeals court restored Trump’s tariffs.
Gold prices dipped as traders await US PCE data; options activity remains bullish in GLD and SLV ETFs, with volatility easing slightly.
WTI crude slips on supply uncertainty, inventory draw offsets GDP decline; OPEC+ decision could s…
Keep reading with a 7-day free trial
Subscribe to Mint Insights to keep reading this post and get 7 days of free access to the full post archives.