Tag Archives: Trump
China’s Trade Surges Amid Global Challenges
Exports Drive Recovery as Trade Risks Loom Although the import sector in China also rebounded, December saw a renewed vigor in export trade, albeit with the possible reasons being rushed shipments by factories in expectation of increased trade tensions under the Trump administration. According to customs data released on Monday, outbound shipments increased 10.7% year-on-year […]
COPPER Analysis: The impact of Trump’s tariffs is boosting copper prices
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for JAN 10, 2025. Fundamental Analysis of COPPER COPPER Key Takeaways Technical Analysis of COPPER Daily and Hourly Charts COPPER Daily Chart Insights (COPPER Daily Price Chart, Source: Ultima Markets MT4) COPPER 1-hour Chart Analysis (COPPER H1 Price Chart, Source: Ultima […]
Pound Sterling Hits Nine-Month Low Against U.S. Dollar
Pound Slides as Dollar Strengthens on Policy Expectations The British pound sank on Thursday to a level it has not seen for nearly nine months against the US dollar as the latter’s position remained strong waiting for the alteration of internal policies from the soon to be President Donald Trump. The pound had given up […]
Bitcoin Surges Past $106,000
Crypto Market Rallies on Trump’s Strategic Reserve Plan Bitcoin surged to an all-time high above $106,000 on Monday after President-elect Donald Trump suggested that the United States would create a U.S. Bitcoin strategic reserve, like the country’s oil reserve. The news sent cryptocurrency enthusiasts into a frenzy. The cryptocurrency surged to an intraday high of […]
China’s Inflation Falls Short of Expectations
Deflationary Pressures Continue to Haunt China On Monday, the National Bureau of Statistics reported that China’s consumer price index (CPI) was up only 0.2% y/y in November, compared with the 0.3% rise in October and well below the expected 0.5% increase. (China CPI y/y and PPI y/y Chart, Source: LSEG Data Stream) The world’s second-largest […]
Bitcoin Surges Beyond $99,000, Nearing the $100,000 Milestone
Trump’s Nomination of Paul Atkins Fans the Rally On Thursday, President-elect Donald Trump announced his intention to nominate Paul Atkins to lead the U.S. Securities and Exchange Commission. Following the announcement, Bitcoin surged by over 3%, as Atkins is widely regarded as a pro-crypto candidate. Trump’s favorable stance on cryptocurrencies has encouraged small businesses to […]
