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Goldman Sachs released a tariff forecast: the possibility of the USA imposing a 10% tariff on Copper in Q1 is about 50%.
① Wall Street traders are preparing to analyze Trump's inauguration speech word by word, to determine the impact of his policies on the market; ② Goldman Sachs stated the likelihood of a 10% tariff on Copper by the USA in Q1 is 50%, which is basically consistent with Goldman Sachs' own forecast; ③ The oil market believes the likelihood of Trump imposing tariffs on oil is close to 40%, higher than Goldman Sachs' expected 15%; additionally, Goldman Sachs said the likelihood of tariffs on Gold is only 10%.
Earnings Week Ahead: JNJ, NFLX, AAL, UAL, AXP, ABT, VZ, PG, and More
Potential Rio Tinto-Glencore Combination Considered Poor Fit, Unlikely to Happen
Shares of Stocks in the Broader Metals and Mining Sector Are Trading Higher in Possible Sympathy With Rio Tinto and Glencore Who Announced Discussions Regarding a Potential Merger, the Largest in Mining Industry History.
European Indexes Rise as Traders Digest Latest Economic Data
Rio Tinto engages in merger talks with Glencore, potentially creating the largest trade in mining history.
The Global mining industry may witness the emergence of a new giant.