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Copper Edges Lower as Investors Weigh Trump Policies -- Market Talk
Metal Prices Rise; U.S. Tariffs Set to Play Crucial Role in Near-term -- Market Talk
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%.
Ivanhoe Electric Is Maintained at Overweight by JP Morgan
J.P. Morgan Maintains Ivanhoe Electric(IE.US) With Buy Rating, Cuts Target Price to $16
Rio Tinto and Ivanhoe Electric Acquire Land Positions on Eastern and Western Flanks of Intrepid Metals Corral Copper Property in Arizona