Markets News

Trump opens a new front in the global trade war, gold hits a new high aiming for the 3000 mark!

Trump opens a new front in the global trade war, gold hits a new high aiming for the 3000 mark!

· If the EU does not abolish the spirits tax, it plans to impose a 200% retaliatory tariff on wine and champagne. This news is bearish for the euro. · The U.S. PPI monthly rate for February recorded 0%, lower than the expected 0.3%, marking the smallest increase since July 2024. This news is bearish for U.S. stocks. · The United States will impose more sanctions on Russia's oil, gas, and banking industries. This news is bullish for crude oil and natural gas.

TOPONE Markets Analyst
2025-03-14 08:34:17
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