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SHARES OF SOME US STEEL AND ALUMINUM COS DROP AFTER REPORT TRUMP TO RESHAPE TARIFF REGIME OF BOTH METALS

2026-04-03

SHARES OF SOME US STEEL AND ALUMINUM COS DROP AFTER REPORT TRUMP TO RESHAPE TARIFF REGIME OF BOTH METALS

Other News
2026-04-02

1. US Dollar: 2. Fed's Barkin: Consumers and businesses are still viewing the oil price shock from a "short-term perspective." 3. Fed's Mossalaim: The energy shock from the Iran war will push up inflation across the board. Current interest rate set

1. US Dollar: 2. Fed's Barkin: Consumers and businesses are still viewing the oil price shock from a "short-term perspective." 3. Fed's Mossalaim: The energy shock from the Iran war will push up inflation across the board. Current interest rate settings remain appropriate. Scenario of both rate hikes and cuts is seen. 4. Euro: 5. Eurozone unemployment rate reached 6.2% in February, higher than the expected 6.1%. 6. ECB's Machrouf: If the Middle East war continues, the Eurozone will face an unfavorable scenario. 7. British Pound: 8. Bank of England urges preparations for more volatile financial markets. 9. Bank of England Governor Bailey: UK economic growth is below potential, and the labor market is softening. The Monetary Policy Committee may discuss a precautionary rate hike. Still believes market expectations for rate hikes are too advanced. 10. Other: 11. According to a survey of 32 economists, the Reserve Bank of New Zealand is expected to keep the cash rate at 2.25% on April 8th. 12. Bank of Japan's newly appointed policy board member, Toshiro Asada, stated that he will closely review data at the April meeting and will not comment on policy stance. 13. The National Bank of Kazakhstan plans to sell $300-400 million from the national fund in April. $400 million from the national fund was already sold in the domestic market in March.
2026-04-03

U.S. TO ELIMINATE STEEL, ALUMINUM AND COPPER TARIFFS ON DERIVATIVE PRODUCTS IF METAL CONTENT IS BELOW 15% BY WEIGHT -U.S. OFFICIAL

U.S. TO ELIMINATE STEEL, ALUMINUM AND COPPER TARIFFS ON DERIVATIVE PRODUCTS IF METAL CONTENT IS BELOW 15% BY WEIGHT -U.S. OFFICIAL
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