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About: anakin
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Lutnick affirmed Trump will adhere to the planned tariffs on aluminium and steel imports shortly
U.S. steel and aluminium tariffs take effect March 12, impacting imports, businesses, and market stability amid trade policies.
Oil producers are reducing capital investment, contrary to presidential requests and shareholder preferences
Oil producers cut spending amid rising costs, prioritizing shareholder returns over drilling expansion despite presidential calls.
China’s housing minister indicated plans to boost existing home purchases and urban redevelopment efforts
China’s housing market stabilises as buyer confidence grows, with government support for redevelopment, lending, and affordable housing.
Asian economic highlights include Chinese deflation, while US daylight saving time adjustments may affect trading
Chinese CPI fell -0.7% year-on-year, signaling deflation and potential stimulus needs amid market pressures.
Market liquidity remains low on Monday mornings, causing potential price fluctuations; caution is advised
