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    9 May 2025
    In April, Commerzbank’s Carsten Fritsch observed that China imported considerable crude oil amounts

    Chinese crude oil imports rose 7.5% in April, but US sanctions may challenge future import levels.

    9 May 2025
    Navarro believes the weekend will bring market excitement, while Japan successfully safeguards its interests

    Weekend poses high risk for traders as US eyes trade talks, EU VAT remains major obstacle.

    9 May 2025
    The GBP advances against most currencies, outperforming all except the Japanese Yen

    Pound Sterling gains as BoE cuts rates; mixed MPC views highlight cautious approach amid trade deal optimism.

    9 May 2025
    Kugler warns tariffs may increase inflation, while demand weakness threatens growth and complicates policy decisions

    Tariffs may spark inflation amid weak demand, pressuring margins, complicating Fed policy, and challenging markets.

    9 May 2025
    After the Fed’s losses, the Canadian Dollar trades steadily against the US Dollar, according to Scotiabank

    Canadian Dollar holds steady as markets digest Fed outlook, eye jobs data and rising bond market risks.

    9 May 2025
    According to Bessent, Trump prefers an 80% tariff on China, differing from previous lower reports

    Trump proposes 80% China tariff, signaling tougher trade stance; contrasts with earlier 50-54% reduction reports.

    9 May 2025
    Carsten Fritsch observed Kazakhstan’s ongoing excessive oil production, lacking intentions for reductions in May

    Kazakhstan maintains high oil output in May, exceeding limits and risking pressure on global oil prices.

    9 May 2025
    China’s market must open to the US, as closed markets are outdated, according to Trump

    The US president urges China to open its market, highlighting benefits of free, open trade relations.

    9 May 2025
    As US/China trade discussions approach, the USD weakens while currencies recover from recent losses

    G10 currencies stabilise post-Fed; JPY, SEK outperform. Markets eye US-China talks, trade data, and Fed speakers.

    9 May 2025
    Kugler highlighted the US labour market’s stability and sustainability of 3.5% unemployment during employment assessment

    The US labor market remains steady, nearing full employment, with a 3.5% jobless rate seen sustainable.

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