Streetbeat News

Geopolitical

BNO

Crude oil futures are climbing due to tightening global supply, driven by U.S. sanctions on Venezuela and Iran, and a larger-than-expected U.S. crude inventory draw. The market remains cautiously bullish, with prices constrained by technical resistance levels and geopolitical developments.

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March 26, 2025 | 10:45 am

XAUUSD

Gold prices are climbing towards an all-time high of $3,057, driven by potential US copper tariffs, geopolitical tensions, and a drop in US consumer confidence. The precious metal is benefiting from market uncertainty and safe-haven demand.

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March 26, 2025 | 10:00 am

BTCUSD

GME

Bitcoin is trading near $87,284.50 with cautious market sentiment. GameStop announced adding Bitcoin to its treasury reserves, joining other corporate adopters. The cryptocurrency market remains sensitive to geopolitical developments, particularly potential U.S. trade tariffs. Altcoins show mixed performance, with some experiencing modest gains.

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March 26, 2025 | 9:00 am

CPER

The US government is preparing to introduce tariffs on copper imports, potentially within weeks. This follows a February directive by President Trump to the Commerce Department to investigate potential copper import tariffs, with the investigation expected to conclude sooner than the initially planned 270-day timeline.

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March 26, 2025 | 8:00 am

TUR

Finance Minister Mehmet Simsek committed to taking necessary actions to stabilize Turkish financial markets during a teleconference with Citigroup and Deutsche Bank. This comes in the context of recent political developments, including the detention of Istanbul Mayor Ekrem Imamoglu, a key political rival of President Erdogan.

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March 26, 2025 | 7:30 am

ZUUZF

President Donald J. Trump signed an Executive Order on March 20, 2025, aimed at accelerating domestic critical mineral production, with a specific focus on copper. The order invokes the Defense Production Act to expedite permit approvals and create a dedicated mineral production fund. Zeus North America Mining Corp., with its Cuddy Mountain copper project in Idaho, stands to potentially benefit from this initiative.

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March 26, 2025 | 7:15 am

ZUUZF

President Donald J. Trump signed an Executive Order on March 20, 2025, aimed at accelerating domestic critical mineral production, with a specific focus on copper. The order invokes the Defense Production Act to expedite permit approvals and create a dedicated mineral production fund, potentially supporting companies like Zeus North America Mining Corp. in their exploration efforts.

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March 26, 2025 | 7:15 am

UUP

The USD/IDR currency pair has rebounded near the 16,600 level during the Asian trading session, following recent volatility. The pair is experiencing some dip-buying activity after reaching its highest level since the 1998 Asian financial crisis, with traders monitoring potential US tariff implications.

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March 26, 2025 | 6:00 am

COPX

In a recent Bloomberg Television interview, former President Donald Trump signaled a hardline approach to trade policy, suggesting imminent copper import tariffs with minimal exceptions. This development could significantly disrupt international trade relationships and investment strategies for 2025.

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March 26, 2025 | 5:45 am

UUP

The USD/CHF pair rebounds near 0.8850 as the US Dollar gains support due to rising US bond yields, hawkish Fed comments, and market uncertainty ahead of potential Trump tariff announcements. Geopolitical tensions in the Middle East are also driving market dynamics.

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March 26, 2025 | 5:30 am