Brazil's VP Alckmin says US tariffs are unfair and unreasonable and US have trade surplus with Brazil
Newsquawk Staff ·
- Medium tariffs to US products are equal to 3.1%, 75% of what they sell face zero tariffs in Brazil
- PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: TSMC halts steel-structure work at new fab sites after fatal accident; Moody's upgrades TSMC to Aa2; Powerchip seeks further 10-20% price hikes; OUE REIT Q3 NPI +4.6%
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Japan's health ministry halts new Tavneos use, questions Kissei approval data; Mitsubishi Corp approves US copper mine; Samsung Electro-Mechanics joins NVIDIA substrate supply chain
- PRE-MARKET AUSTRALIAN STOCK NEWS: CSL names new CEO and faces class action; Fortescue Q1 sales hit by CMRG talks; Garda upgrades FY27 guidance on AUD 300mln portfolio sale
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
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