Wednesday

02-04-2025 Vol 19

How Trump’s Auto Tariffs Will Adversely Impact His Working-Class Base

President Donald Trump’s recent announcement of a 25% tariff on imported vehicles is set to adversely impact working-class car buyers…

Caixin PMI Reveals Acceleration in China’s Factory Activity Driven by Increased Exports

China’s factory activity witnessed significant growth in March, reaching its highest level in four months, fueled by increased demand and…

Stocks Steady as Gold Reaches Record High Ahead of Trump’s Tariff Announcement

Asian equities experienced a rise on Tuesday following overnight gains on Wall Street. Gold reached an all-time high, while Treasury…

CHINA DATA: Anticipated Decline in Crude Throughput Due to Maintenance in March-April

Crude throughput at China’s refineries is projected to decrease in both March and April, coinciding with a peak maintenance season…

The Commodities Update: Oil Prices Surge Amid Secondary Tariff Threats

Oil prices experienced a notable increase yesterday, driven by escalating concerns regarding potential threats to global oil supplies. ICE Brent…

Commodity Traders Gunvor and Vitol Look to Acquire Russian Aluminium from LME Storage, Sources Report

Commodity traders Gunvor and Vitol are reportedly poised to withdraw substantial amounts of Russian aluminium from London Metal Exchange (LME)-approved…

Russian Pipeline Gas Exports to Europe Decline by 19% in March Compared to Previous Month, Data Reveals

In March 2023, Russian gas exports to Europe via the TurkStream pipeline decreased significantly, dropping by 19.4% compared to the…

Could Trump Lower the Dollar to Address the Record Trade Deficit?

US President Donald Trump has expressed a belief that the strong dollar is hampering American industry and hindering efforts to…

FX Daily: Dollar Gaining Momentum Ahead of Upcoming Tariff Event

The currency market started the week by reflecting the ongoing tariff threats, resulting in a stronger dollar across various currency…

UBS CIO: Trump’s Threat to Russian Oil Should Not Be Taken Lightly

UBS Chief Investment Officer Mark Hafaele has highlighted the seriousness of U.S. President Donald Trump’s recent threats regarding Russian oil.…