Markets News

Trump's tax reform bill successfully passed the House of Representatives, and gold once again fell below the 3300 mark!

Trump's tax reform bill successfully passed the House of Representatives, and gold once again fell below the 3300 mark!

· The Trump tax reform bill narrowly passed in the House of Representatives and was sent to the Senate for deliberation. Additionally, the U.S. Senate voted to pass a bill ending California's ban on the sale of fuel-powered vehicles, sending the bill to Trump for signing. This news is positive for new energy vehicles. · Federal Reserve Governor Waller: If tariffs are lowered, the Fed is expected to cut interest rates in the second half of 2025. This news is bearish for the dollar. · It is reported that OPEC+ is internally discussing another production increase of 411,000 barrels per day in July. This news is bearish for crude oil.

TOPONE Markets Analyst 2025-05-23 08:42:27
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