Introduction: Ukrainian President Volodymyr Zelensky recently expressed his concerns about a U.S. proposal to invest in Ukraine’s mineral resources. These minerals include valuable materials like rare earth elements, lithium, uranium, and titanium. Zelensky’s comments are important not only for politics but also for global markets, especially in industries that depend
The trade tensions between the US and China are ramping up, with both countries hitting each other with new tariffs. The US has slapped a 25% tariff on aluminum and steel imports, and China has fired back with its own levies—10% on items like crude oil, agricultural equipment, and large
RBI Cuts Repo Rate by 25 Basis Points: A Strategic Response to Global Economic Uncertainties In a significant move today, Reserve Bank of India (RBI) Governor Sanjay Malhotra announced a 25 basis point (bps) reduction in the repo rate, signaling a shift in the country’s monetary policy. The RBI’s decision
The ongoing trade tensions between the U.S. and China are creating significant ripples in global commodity markets, especially in energy and industrial metals. As trade policies evolve, countries like Canada, Mexico, and potentially the European Union could also experience impacts, amplifying the uncertainty. Let’s break down the major sectors affected:
Trump Delays 25% Tariffs on Mexico and Canada Following Intense Negotiations On February 3, 2025, President Donald Trump announced that he would temporarily postpone the 25% tariffs planned for imports from Mexico and Canada, originally set to take effect on February 5. This decision came after intense negotiations focused on
As the Trump administration prepares to impose hefty tariffs on Canada, Mexico, and to a lesser extent, China, the market is bracing for potential upheaval. The immediate effect is likely to be felt in the currencies of Canada and Mexico, which may weaken as investors react to the news. However,
Donald Trump continues to dominate headlines and announce policies, but interest rate decisions from the U.S. Federal Reserve and European Central Bank will compete with the U.S. president for investor attention this week. US The focus will be on the tone of Wednesday’s FOMC statement and press conference to gauge
Data – BOJ Policy & Global PMI FX Update Dollar Index The Indian rupee closed lower on Thursday hurt by a decline in most regional currencies and dollar demand from foreign banks but market gauges signal that the bearish bias on the rupee has dampened in January. In the broader
Trump Surprising Moves Amid a Quiet Data Week FX Update Dollar Index The U.S. dollar alternated between gains and losses on Tuesday in a choppy session, as markets grappled with uncertainty surrounding any tariffs President Donald Trump may implement. Trump told reporters he was thinking about implementing tariffs of around
UK Jobs Number, German Eco Sentiment in Focus today FX Update Dollar Index The dollar nursed broad losses on Tuesday after U.S. President Donald Trump stopped short of imposing new tariffs and reports suggested any new taxes would be imposed in a “measured” way, a major relief for trade-exposed currencies.
