May 12, 2025 9:07 am
Key Moments: Prime Minister Ishiba confirmed Japan’s unwavering stance regarding the removal of auto tariffs, but stressed the country’s agricultural sector remains non-negotiable. The increase of corn imports is being considered as an alternative. Japan’s auto industry is under pressure due to US tariff policies, with Mazda disclosing a 45.1% drop in net profit. Tokyo […]
Read moreMay 12, 2025 9:07 am
Spot Silver slid to a 1 1/2-week low of $31.88 on Monday, as a breakthrough in US-China trade relations led to an investor move from safe-haven assets toward riskier instruments. During high-profile trade talks in Switzerland over the weekend, US and Chinese officials agreed to significantly lower tariffs, which alleviated global trade tensions. US tariffs […]
Read moreMay 12, 2025 7:17 am
Spot Gold retreated to a one-week low of $3,250.74 on Monday, as optimism regarding the US-China trade negotiations led to an investor move from safe-haven assets toward riskier instruments. The US and China held high-profile trade talks over the weekend, with officials from both countries indicating a positive outcome. Washington highlighted progress toward a deal, […]
Read moreMay 9, 2025 1:23 pm
Key Moments: WTI futures jumped 2.1% on Friday, while the Brent benchmark rose 1.93%. China’s April crude imports were 7.5% higher YoY despite a monthly dip. OPEC+ output dropped last month. Trade Optimism Fuels Market Momentum Crude oil prices are finding support as the potential for positive developments in US-China trade relations provides a fresh […]
Read moreMay 9, 2025 7:36 am
Key Moments: China’s soybean imports dropped to 6.08 million metric tons in April, the lowest since 2015. Longer customs clearance times disrupted crushing operations and reduced soymeal availability. Purchases from the US have fallen, with zero net soybean sales reported for the 2024/25 marketing year. Imports Plummet on Logistical Setbacks China’s soybean imports shrank sharply […]
Read moreMay 9, 2025 7:23 am
Having slipped to an intraday low of $3,274.38 earlier on Friday, Spot Gold bounced on likely bargain buying ahead of the outcome of the US-China trade negotiations this weekend. Gold’s extended losses came after US President Donald Trump and British Prime Minister Keir Starmer announced a “breakthrough deal”. The 10% tariff on UK imports will […]
Read moreMay 8, 2025 9:56 am
Spot Silver extended a pullback from recent 1-week high of $33.25 on Thursday, after reports stated the US was expected to announce a trade deal with Britain today, while the Federal Reserve kept borrowing costs on hold. US President Donald Trump is poised to unveil a significant trade agreement between the United States and the […]
Read moreMay 8, 2025 8:23 am
Spot Gold extended a pullback from recent 2-week high of $3,435 per troy ounce on Thursday, after reports stated the US was expected to announce a trade deal with Britain today, while the Federal Reserve kept borrowing costs on hold. Market players also awaited the outcome of the US-China trade negotiations in Switzerland this weekend. […]
Read moreMay 7, 2025 11:14 am
Key Moments: Russia’s April oil and gas revenues dropped by approximately 12% year over year, according to the Finance Ministry. April’s energy income totaled 1.09 trillion rubles. The average price of Russian oil fell to 4,562 rubles in April. Monthly Revenue Decline Driven by Lower Oil Prices Russia’s Ministry of Finance has reported a notable […]
Read moreMay 7, 2025 10:06 am
Spot Silver pulled back from a 1-week high of $33.25 on Wednesday, since optimism over potential US-China trade negotiations heightened investor risk appetite, while weighing on safe-haven assets. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland this weekend. Bessent’s recent […]
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