• GOOG
• GOOGL
• HG
• MSFT

Poland's Tusk expects $160 billion of investment in 2025 to spur growth

• HG

Morning Bid: Tariff pains? Dr Copper will see you now

Tariff announcements from Trump impact global markets, particularly copper and steel. Traders react by moving metals, while key market developments and earnings are scheduled for Monday.

• HG

Chile's copper output jumps in December

Chile's copper output rose 14.3% in December to 566,547 metric tons, while manufacturing production increased by 8.4% year-on-year, according to INE.

• FCX
• HG

Freeport-McMoRan's profit beats estimates due to rising copper prices

Freeport-McMoRan exceeded profit expectations despite lower production. Increased copper prices and budget adjustments surprised investors, though quarterly revenue fell short of estimates.

• HG
• STOXX
• UK100

European shares set for fourth straight weekly gain as China data boosts risk-taking

European shares rose, driven by easing bond yields and positive data from China. The STOXX 600 approaches record highs, led by luxury goods and the FTSE 100's peak.

• HG

Copper giant Peru sees economy expand for eighth straight month

Peru's GDP grew 3.93% in November 2023, marking eight months of expansion, driven by strong agriculture and fishing sectors, though mining and construction declined.

• BARC
• CL
• HG

China exports accelerate amid trade tensions, imports surprise

China's December exports grew 10.7%, while imports rose 1.0%, amidst trade tensions and ongoing economic challenges, with a 5% growth target for 2025.

• HG

Trump denies report that his team is eyeing pared-back tariffs

President-elect Trump denies reports of tariff plans targeting critical imports, emphasizing consistency in his trade policies amid concerns from business leaders and ongoing market uncertainty.

• CN10YT=RR
• EUR/USD
• GBP/USD
• GC
• HG
• NDX
• US10YT=X
• US2YT=X
• US500
• USD/CAD
• USD/JPY
• USD/MXN
• ZL
• ZS

How are CTAs positioned entering 2025?

CTAs have slightly gained 2.55% in 2024, recovering from volatility. Their positioning is polarized across fixed-income, commodities, and currencies, with significant market sensitivities.

• HG
• MAL

China to cut import tariffs on some recycled copper and aluminium raw materials

China plans to reduce import tariffs on ethane and recycled materials from January, promoting green development and enhancing trade, alongside a new trade agreement with the Maldives.