📊 Morning Market Update | 29 July 2025 🌏 🕊️ The Asian session remains calm — no major data, narrow ranges in FX and equities. Index moves are within ±0.50%. 🤝 US–China truce extended? Commerce Secretary Lutnick says a 90-day tariff pause is highly likely. Talks in Stockholm resume today. 🚫 Taiwan stopover blocked Trump denies Taiwan’s president a NY transit to avoid provoking China — signalling a balancing act with Beijing. 💻 Nvidia’s China push 300,000 H20 chips ordered from TSMC, but U.S. export licences still pending. 💴 Japan rate outlook Ex-BoJ official calls for more hikes as food prices threaten to push inflation above target. 💵 US borrowing surge Treasury to borrow $1.007T in Q3 (vs $554B forecast). Debt ceiling lifted — more T-bills expected. 🥇 Fidelity sees gold at $4,000 By 2026, driven by Fed easing, dollar weakness, and central bank demand. 📈 Morgan Stanley bullish on US500 Target: 7,200 pts 🚀 thanks to AI, tax cuts, and better margins. ⏳ Trump’s Ukraine ultimatum cut Now just 12 days. Threatens 100% tariffs and secondary sanctions, even on China and India. 🪙 Ray Dalio: 15% in gold or bitcoin He prefers gold, but sees both as shields against fiat risks and fiscal instability. 🔔 Stay informed. Stay ahead. Trade smarter with NordFX 💼📈 👉 nordfx.com