US continues to aid Ukraine, but this time… EU pays?
On July 14, US President Donald Trump surprised the market when he announced will provide Patriot air defense missile systems to Ukraine, But costs paid by the European Union.
Trump said as he left New Jersey:
“For us, this is a business deal. They (Ukraine) need Patriots, and the EU will pay.”
This move is in stark contrast to his previously stated “no aid” stance. At the same time, Trump continued to criticize Russian President Putin:
“He (Putin) talks very well, but at night he bombs everywhere. I don't like this.”
US-EU-Mexico trade tensions escalate
On the same day, The White House confirmed that the US will impose 30% tariffs on goods from the EU and Mexico from August 1, 2025..
Economic advisers warn that the massive tariffs would spark a wave of retaliation, straining global supply chains. The EU has also declared its readiness to respond accordingly.
“If the US attacks with tariffs, the EU will respond,” a senior EU official told Reuters.
Gold hits peak of 3,372 USD/oz – investors rush to take shelter
Immediately after the news of tariffs and aid to Ukraine, World gold price jumped to 3,372.65 USD/oz, the highest level since June.
Gold is currently trading around 3,367 USD/oz
Many experts predict gold will continue to rise if this week's US CPI data disappoints or geopolitical instability escalates.
Bitcoin Surpasses $119,000 – FOMO is Back
Bitcoin continue to break the top, crossed the $119,000 mark, benefit from:
Inflation concerns and US monetary policy
Huge Capital Flows Into Digital Assets As Volatility Rises
FOMO speculation psychology spreads across exchanges
Many analysts believe that if the US CPI is lower than expected, Bitcoin could head towards 130,000 USD, even 200,000 USD in the long term.
Russia – Ukraine: The situation has not cooled down
July 13, Russian Defense Ministry announced that it had destroyed 2 launchers and 1 radar of the US-made Patriot system..
Russia attacks Donetsk region, takes control of 2 more settlements.
Ukraine claims to have repelled more than 90 attacks, especially fierce in the direction of Pokrovsk.
Israel investigates secret leaks, builds “humanitarian city” in Gaza
In the Middle East, the situation is also heating up:
Netanyahu's adviser accused of leaking classified documents to German newspaper
Israeli Army presents plan to build “Humanitarian City” in Rafah (Gaza), expected to be completed in 3–5 months
Experts warn that the plan could hinder ceasefire negotiations and prisoner exchanges with Hamas.
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Livetrade.vn only provides technology solutions, not a trading platform. LiveTrade Pro is a tool for training & simulation. We do not give investment recommendations.
Trump signs new tariff order 15-41% on 41 countries, causing market volatility. Gold rises, oil falls, stocks and yuan under pressure due to trade tensions. US President Donald Trump officially signed a decree imposing new tariffs from 15% to 41% on imported goods from 41 countries, effective within the next 7 days. This move immediately shocked the global financial market.
Currency is an economic and historical category, considered a great invention of mankind, changing the economy and society. So what is currency manipulation?
