1. ECB expected to cut interest rates to 2.5%. However, the outlook beyond that remains unclear due to the volatile economic landscape.
2. Bitcoin price hits above $92,000 per coin, up 1.54% on the day.
3. Canadian government sources say Canada is ready to reduce retaliatory measures against US tariffs if Washington removes some additional tariffs.
4. US stock markets rise sharply: Dow Jones +1.14%, S&P 500 +1.12%, Nasdaq +1.46%. GM shares rise 5.3%, Ford up 4.1%.
5. Gold is under pressure as trade concerns cool, but is still supported by a weak US dollar. Spot gold is hovering around $2,919/oz.
6. US economic data raises concerns: ADP jobs report falls short of expectations, rising just 77,000, while the market awaits Friday's Nonfarm payrolls report.
7. The world's largest gold ETF, SPDR Gold Trust, saw its holdings fall by 1.44 tonnes from the previous day, with its current holdings standing at 900.36 tonnes.
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