US Supreme Court, SCOTUS, does not rule on tariffs today
The US Supreme Court's decision to withhold a ruling on tariffs today may signal ongoing uncertainty in trade policy, particularly as it affects international relations and economic forecasts.
The US has reportedly informed its personnel in Saudi Arabia to exercise caution
EIA Expectations: Crude -2.2M, Distillate -0.2MM, Gasoline 4M
US Supreme Court, SCOTUS, does not rule on tariffs today
US Secretary of War Hegseth will host the Japanese defence Minister on 15th January
US EQUITY OPEN: Indices move lower as Financial earnings continue to disappoint as PPI/retail sales fails to impact
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This delay could keep markets cautious, especially in commodities and related sectors, as traders await clear guidance on tariff implications. Overall, it maintains the status quo, which might temporarily support risk-off sentiment in certain asset classes.
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