US EIA Gasoline Production Change (Jan/30) -0.565 (Prev. 0.791)
The reduction in U.S.
Trump on China: "Just completed an excellent telephone conversation with President Xi, of China. It was a long and thorough call, where many important subjects were discussed, including Trade, Military, the April trip that I will be making to China"
UBS (UBSG SW) exec says they expect Q1 expectations to remain on track and personal and corporate banking to remain broadly stable in USD terms
US EIA Gasoline Production Change (Jan/30) -0.565 (Prev. 0.791)
AbbVie (ABBV) exec says that they have plenty of firepower to pursue both early and late stage M&A opportunities
US Treasury Secretary Bessent says they must avoid temptation of a zero-risk financial system
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gasoline production, down to -0.565 from a prior 0.791, suggests potential tightening in supply which could support higher gasoline prices. This change could impact inflation metrics and consumer spending, particularly if sustained, and may invite scrutiny on related energy sectors as well. Watch for possible shifts in sentiment around energy stocks and related commodities.
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