Powell's dovish stance may end the current round of dollar rally, and the October interest rate cut plan is still in progress. The U.S. small business confidence index has declined, mainly weighed down by pessimism about the economic outlook and growing concerns about overstocking.
According to a Cointelegraph market release, Ripple announced that it will invest $25 million in RLUSD to support U.S. small businesses and veterans career programs.
On July 6, CNBC quoted sources as saying that the average tariff rate under the India-US mini-trade agreement could be 10%, and India and the United States could make a final decision on the trade agreement in the next 24 to 48 hours. At present, the negotiations on the India-US mini-trade agreement have been completed, and the negotiations on the larger trade agreement will start after July 9.
According to sources quoted by CNBC, the average tariff rate under a mini-trade deal between India and the United States could be 10%, and a final decision on the trade deal between India and the United States could be made in the next 24 to 48 hours. At present, the negotiations on the India-US mini-trade agreement have been completed, and the negotiations on the larger trade agreement will start after July 9.