27 May, 2025
5 minutes
TMGM TV | China auto shares sink after BYD offers trade-in incentives 27.05.2025
Welcome to today’s Daily Market Analysis & News, your go-to source for all the latest updates on stocks, cryptocurrency, and economic trends. In this video, we’ll break down the most important news impacting the financial markets today, providing you with insights into market movements, key economic data, and expert predictions.
TMGM TV | China auto shares sink after BYD offers trade-in incentives 27.05.2025
Welcome to today’s Daily Market Analysis & News, your go-to source for all the latest updates on stocks, cryptocurrency, and economic trends. In this video, we’ll break down the most important news impacting the financial markets today, providing you with insights into market movements, key economic data, and expert predictions.
China Auto Stocks Fall | Gold Slips | $3.3B in Crypto Tokens to Unlock Chinese EV stocks like BYD, Nio, and Geely dropped as BYD announced new incentives and Great Wall Motors' CEO warned of industry troubles.
Gold prices declined after Trump withdrew his EU tariff threat, weakening demand for safe-haven assets.
Meanwhile, $3.3B in digital assets are set to be unlocked in June, down 32% from May's total of $4.9B.
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Topics: #BYD #Nio #Geely #Gold #Crypto #DigitalAssets #Trump #Tariffs #FinanceNews #EVstocks #Bitcoin #Web3
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