EU reportedly expects the US to ease the impact of metals tariffs in the coming weeks, according to Bloomberg
The report that the EU anticipates the US will ease metals tariffs signals a potential thaw in trade tensions, which could benefit commodities markets, particularly in metals.
US House Price Index (Dec) 440.4 (Prev. 439.7, Rev. From 439.3)
NBH Policy Statement: A careful and patient approach to monetary policy remains necessary due to risks to the inflation outlook
EU reportedly expects the US to ease the impact of metals tariffs in the coming weeks, according to Bloomberg
US Redbook YoY (Feb/21) Y/Y 6.7% (Prev. 7.2%)
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If these tariffs are relaxed, it could lead to increased supply and lower prices, impacting inflation expectations and overall market sentiment. Watch for reactions in commodities and related equities as this develops.
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