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Tariffs, Chaos, and Gold & Copper Outlook Implications
Citigroup has reversed its previous bearish stance ($8,500/ton prediction) to now forecast copper reaching $10,000/ton within three months. Their reasoning? "Ex-US physical market tightening is likely to persist through to May/June, temporarily offsetting price headwinds from broader US tariff announcements." However, this analysis overlooks a key pattern I've repeatedly identified in my previous analyses: tariff announcements create predictable, temporary, and ultimately misleading market reactions that are quickly reversed. In my March 5th analysis, I detailed extensively how tariff announcements ... (full story)
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From @financialjuice|Mar 13, 2025post: Kremlin confirms Putin is to meet Trump's Envoy Witkoff today - IFX.
From fxstreet.com|Mar 13, 2025|1 commentGold price rallies sharply on Thursday and clears the previous record high of $2,954 despite high US Treasury bond yields and a strong US Dollar. At the time of writing, the ...
From @financialjuice|Mar 13, 2025|4 commentsKremlin Aide Ushakov: There is no agreement yet on Putin-Trump talks - IFX Kremlin Aide Ushakov: A Putin-Trump call is not expected to happen today - Tass.
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From @LiveSquawk|Mar 13, 2025|8 commentspost: Russian Pres. Putin: We Agree To Stop Fighting In Ukraine, But Must Lead To Long Standing Peace - Must Eliminate Root Causes Of Conflict post: PUTIN SAYS SITUATION IN KURSK REGION IS FULLY UNDER RUSSIAN CONTROL PUTIN SAYS UKRAINIAN TROOPS ARE IN FULL ISOLATION IN KURSK post: Putin, For Ukraine it will be good to reach a 30-day ceasefire in such circumstances. post: PUTIN: CEASEFIRE ITSELF IS RIGHT AND WE WILL SUPPORT IT, BUT THERE ARE QUESTIONS TO BE DISCUSSED PUTIN: WHO WILL CONTROL CEASEFIRE, THE FRONT IS 2,000 KM LONG? post: Putin: Maybe me and Trump will have to hold a phone call.
From @financialjuice|Mar 13, 2025post: Putin: We will the agree next steps on conflict taking into account developments on the front. post: *PUTIN: DEAL W/US MAY HELP TO RESUME RUSSIA GAS FLOWS TO EUROPE post: Putin says Russia advancing across 'practically' entire front line
From @financialjuice|Mar 13, 2025post: WTO: Canada initiates a WTO dispute complaint regarding US steel and aluminum duties.Canada launches WTO dispute over US tariffs Canada has initiated dispute consultations at the World Trade Organization (WTO) with the United States after the latter country imposed 25% duties on its steel and aluminum imports, the organization announced on Thursday. "Canada claims that the measures, which terminate Canada's exemption from additional duties on certain steel and aluminium products and increase duties on aluminium articles, and which took effect on 12 March, are inconsistent with US obligations under the General Agreement on Tariffs and Trade (GATT) 1994," WTO stated. During the consultations phase, the two parties have 60 days to resolve their outstanding trade issues. If no solution is found, the complaining party has the right to request an adjudication by a WTO panel.
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- Posted: Mar 13, 2025 11:20am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 140
