Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
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Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Speaking earlier this week, President Trump dropped a hint that more tax cuts in coming. According to him, his administration will be unveiling more tax cuts proposal sometime prior to November and it would be something very special. Though the President didn’t unveil the details of the next tax cut after he signed tax cuts of around $1.5 trillion last December, he said that he would meet with Republican Representative Kevin Brady, chairman of the tax-writing House Ways and Means Committee, about the proposal.
The speculation over these new tax cut proposals is likely to keep S&P 500 supported, which in turn would provide support to global indices. Yesterday, the stock market was selling off all around the world. India’s Nifty was down more than 1 percent, so was Japanese Nikkei and some of the key European benchmarks were down more than 1.5 percent but that all changed after U.S. open, where S&P500 recovered and pulled up the global indices from their lows. S&P 500 is currently trading at 2728.
