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Goldman Sachs pointed out that in January, the gold import amount was about 25 billion USD, almost accounting for the entire expansion of the USA trade deficit of 31 billion USD, which has a significant distorting effect on trade data and leads the market to be not bullish on the first quarter GDP growth. Moreover, this portion of imports is usually excluded from GDP calculations, so there is no need for the market to be overly pessimistic.
AU Morning Wrap | ASX 200 Rebounds Amid Trade Concerns; PME Soars on New Contract
73698362 : Put on your seat belts. We are in for some turbulence! All the best for 2025
Outpost : More like parachute and crash helmet!
john song : take profit if yiu can and leave some cash to buy on pull back
一键还原 : good
BearWithTheBull : Thanks!
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