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Markets React to Trump’s Crypto Reserve Plan & Tariff Uncertainty
📈 Crypto rebounds after its worst month in nearly three years—Trump signals plans for a crypto strategic reserve, including Bitcoin, Ethereum, Solana, XRP & Cardano. Markets reacted positively, though uncertainty remains ahead of the first White House crypto summit this Friday.
📢 Tariffs on Mexico, Canada & China take effect tomorrow, barring a last-minute deal—adding to market volatility after last week’s S&P 500 & Nasdaq declines.
📊 China’s Caixin Manufacturing PMI jumps to 50.8, its highest since November, lifting sentiment in Asia. Meanwhile, today’s ISM Manufacturing PMI will be key for U.S. markets.
🇪🇺 Eurozone inflation eases to 2.4%, slightly above expectations—markets now turn to Thursday’s ECB meeting, where further easing is anticipated.
Markets are moving fast—tune in to stay ahead. 🎧
Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar.
🔹 Why tune in? Stay ahead of market-moving developments with concise, data-driven insights.
🔹 Who should listen? Traders, investors, and macro enthusiasts looking for real-time market intelligence.
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