NYSE Copper and Silver surged significantly, with "tariff fears" bringing about the "USA Metal premium".
Market worries about the uncertainty of Trump's trade policy have led to a premium of over $0.9 per ounce for Silver Futures on the NYSE compared to London spot silver, nearing the peak from December last year, while the premium for Copper Futures also reached $623 per ton.
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U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
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The world's largest lithium producer: shifting the supply chain to the West is not feasible.
①Kent Masters, CEO of the world's largest lithium producer Albemarle, recently stated that establishing a supply chain in North America and Europe to regain control over key mineral resources from China is not economically feasible. ②He also added that the United States will "absolutely" face risks of failure in the lithium resource competition with China.
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