#update ||📊 , 👉🏻Delay in US reciprocal tariffs and hopes for a lower-than-expected PCE (Personal Consumption Expenditure) reading help calm market nerves in an otherwise volatile week. The US dollar slipped to a two-month low of 106.57📈, closing the week down by 1.2%, weighed down by weaker-than-expected retail sales data, a delay in reciprocal tariffs, and a pullback in US 🇺🇸 Treasury yields. The 10-year Treasury yield, which had surged to 4.66% after the CPI report, completely reversed its gains following the release of the PPI report. Some components of the PPI, which feed into the PCE, softened, fueling hopes for a lower-than-expected PCE reading and increasing expectations for rate cuts. Money markets are now pricing in about 40 basis points of Fed cuts in 2025. This helped push US equities higher, with the Dow Jones, Nasdaq, and S&P 500 seeing decent weekly gains, with the S&P 500 closing just shy of its record high📉. ▶️https://x.com/moneyminin62771/status/1891035769852084515?s=46 #moneymining✅