Basic Materials Roundup: Market Talk
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Read MoreShares of Tesla are down 4.5% today as the fallout from Trump and Musk continues: Would have won Pennsylvania without Musk He disappointed He hasn’t said bad about me but that will be next I don’t know if we’ll have a great relationship anymore We said no to…
Read MoreThe US ambassador to Canada said Trump and Carney are trying to iron out a framework for a trade and security agreement, according to ambassador Peter Hoekstra. I guess they’re not a secret anymore if he’s announcing it in Canada’s largest newspaper. Hoekstra said that top deputies are…
Read MoreInflation will be the first order effect, the other effects will be down the road Haven’t seen the full extent of impact of tariffs on prices This has a hawkish tilt. This article was written by Adam Button at www.forexlive.com.
Read MoreSome argued for a pause beyond July This is the second sources line with similar reporting, though this is more granular. The market is pricing in a 20% chacne of July cut, so this is no surprise. The baseline for the ECB is now ‘one and done’ with…
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Read MoreIt’s still very early in the quarterly cycle so the numbers are volatile. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 3.8 percent on June 5, down from 4.6 percent on June 2. After recent releases from…
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