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Trump Halts Tariffs for Some Autos for One Month: Live Stock News
Copper in New York surged nearly 5% due to Trump's mention, while Macron will deliver a nationwide speech | Highlights of the night.
1. The German economy has entered a "whatever it takes" moment, with the euro and European stocks surging excitedly; 2. Investors are focusing on Trump's Put Options speculation; 3. Tesla's sales in Germany have decreased by 76%; 4. Moderna's CEO is significantly increasing their Shareholding in the company's Stocks, and the market is turning its attention to "AI + Medical."
The "gold bar" Trade in the USA has nearly stopped, with a significant narrowing of the price difference between COMEX and London futures.
Currently, the USA Gold reserves have reached a four-year high, and the ample inventory has reduced arbitrage opportunities; however, the high storage costs in New York may lead to Gold flowing back to London or other areas.
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USA's rush for Gold has created an 'economic panic'?
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.
