Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says
  • January 19, 2025

Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says

Analysts at the U.S. investment bank said in a client note that the estimate is similar to their own 50% subjective probability of a 10% effective tariff on copper by year-end. Three-month copper on the London Metal Exchange eased 0.3% to $9,167 a metric ton as at 0706 GMT after reaching a one-month peak last week. President-elect Donald Trump returns to the White House later in the global day with an inauguration speech which traders will parse for policies to be enacted on day one.

Morning Bid: Mr Market meets Trump 2.0
  • January 19, 2025

Morning Bid: Mr Market meets Trump 2.0

Markets are looking to the first hours of Donald Trump's presidency to set the tone for his second term. U.S. markets are closed for Martin Luther King day, so the immediate focus will fall on foreign exchange markets and stock and bond futures. Often, market performance through presidential terms reverts to more reliable relationships with economic trends, but Trump tends to inject volatility and has foreshadowed bold policy shifts.

‘America First’ Stalls Bond Issuance Bonanza in Emerging Markets
  • January 19, 2025

‘America First’ Stalls Bond Issuance Bonanza in Emerging Markets

(Bloomberg) -- A record start to the year for emerging-market bond sales is at risk of fizzling as high Treasury rates hamper weaker credits from tapping international capital.Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunDeadly Landslide of Garbage Displays Uganda's Missed Oppo

Trump’s Win Sparked Euphoria in Markets, Now Comes the Real Test
  • January 19, 2025

Trump’s Win Sparked Euphoria in Markets, Now Comes the Real Test

(Bloomberg) -- Donald Trump’s victory in the November US presidential election sparked an immediate rally in markets, with stocks flying, the dollar soaring and Bitcoin leaping off the charts. But just two months later, the Republican is set to return to the White House, and only some of those trades endure. Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s