Markets News

Fed officials propose response plan, gold briefly falls below 3200!

Fed officials propose response plan, gold briefly falls below 3200!

· Trump said he is considering some measures to help automakers adjust their supply chains from Mexico, recently assisting Apple CEO Tim Cook; the U.S. Department of Commerce has initiated a Section 232 investigation into semiconductors, pharmaceuticals, and other items, and will withdraw from the 2019 tomato tariff suspension agreement with Mexico. This news is bullish for Apple stock. · The New York Fed's 1-year inflation expectation rose to 3.58%, while the 3-year expectation remained unchanged at 3%. This news is bullish for the dollar. · World Gold Council: In the first 11 days of April, the net inflow of physical gold ETFs in mainland China reached 29.1 tons, exceeding the first quarter. In the same period, the inflow of gold ETFs in the United States reached 27.8 tons. This news is bullish for gold.

Harvey
2025-04-15 09:13:34
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