Crude oil, unstable movements due to Trump attacks and the Gaza talks
While investors continued to assess the effects of the attack on former US President Donald Trump that occurred over the weekend and uncertainty surrounding the Gaza cease-fire negotiations, WTI crude oil futures moved around 82 dollars per barrel, and repeated slight rises and falls.
The attempted assassination of Mr. Trump raised the possibility of victory in the next election, and while supporting the dollar, it put pressure on commodities.
In the Middle East, it was reported that a framework for a cease-fire between Israel and Hamas was agreed on Friday, but negotiations were interrupted, and 90 people died in an Israeli attack aimed at Hamas executives on Saturday.
In addition, data was announced showing that the economic growth rate for the second quarter of China, a major consumer country, fell below expectations against the backdrop of a prolonged real estate recession, sluggish domestic demand, and heightened trade friction with Europe and the United States.
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