US Tariff Chaos and Nvidia Earnings Uncertainty

The United States===Supreme Court of the United States struck down President Donald Trump's emergency tariffs, leading him to announce new tariffs, initially at 10% and then raised to 15%, causing widespread confusion and market uncertainty. This unpredictable trade policy has led to a 'sell America' theme, with the dollar sliding against other major currencies like the Japan===Japanese yen, European Union===Euro, and Switzerland===Swiss franc. Gold and silver have gained safe-haven bids, while oil prices eased ahead of US-Iran nuclear talks, which carry the risk of US military strikes. Additionally, Nvidia's upcoming earnings report is set to test investor confidence in the AI sector, given its significant weight in the S&P 500 index. Mixed economic data, including disappointing growth and higher core inflation, has also influenced the probability of a June rate cut from the United States===Federal Reserve.