He Gold reached a historical maximum And the actions remained stable on Tuesday, while investors prepared for more Changes in US commercial policy and they hoped to hear from the president of the Federal Reserve, Jerome Powell, about tariffs and inflation.
Cash gold reached a maximum of U $ 2,942.70 on an ounce at Asian negotiation hours before trimming profits and Operate with an increase of 0.1% Au $ 2,909.49.
The ingot reached its eighth historical maximum of 2025, which allowed him to approach the milestone of the US $ 3,000, while investors face the growing uncertainty about the repercussions of US commercial policy. American gold futures added 0.1% to 2,936.10 dollars, quoting with a premium of about $ 25 over the price to cash.
“Its boom reflects a combination of continuous purchases of central banks to diversify outside the dollarthe demand for safe refuge and a positive impulse that attracts more buyers, “said Shane Oliver, head of AMP investment strategy in Sydney.
On Monday, Trump increased steel import tariffs and 25%aluminum, which promoted the price of the actions of the American steelmates, and promised to announce global reciprocal tariffs in the next few days. However, he also mentioned that he was considering an exemption to Australia and that the measures would only enter into force as of March 4.
How markets operate this Tuesday
In Asia, Chinese markets fell when the retaliation of Beijing on energy on energy and some products from the United States came into force on Monday. Hong Kong Hang Seng index (.hsi) fell 1.1% after previously reached a four -month peak. The index has risen more than 12% in a month due to investors enthusiasm for artificial intelligence and semiconductor actions.
“Markets assume that Trump’s tariffs are a negotiation tactic, therefore, they are waiting to see a real impact of tariffs,” said George Lagarias, Chief Economist of Forvis Mazars. “I think they are waiting for smoke to dissipate.”
Most of the main European stock market rates were kept close to the equilibrium point. Stoxx 600 Paneuropeo (.stoxx) fell less than 0.1%, while the main London (.ftse) and Frankfurt (.gdaxi) bags rose slightly to reach new records.
Continental China stock indices fell slightly
Some of the largest movements in the Hong Kong trade were the actions of electric vehicles, with the actions of Byd in Hong Kong reaching a historical record after the company launched free intelligent driving functions in almost all models, including its Seagull , which costs only $ 9,555. The actions of the rest of the sector fell strongly.
How the Super Dollar operates
In the currency trade, andThe US dollar index remained stable in general Faced with other coins while the markets waited for the semianual testimony of the president of the Federal Reserve, Jerome Powell, before Congress later on Tuesday.
His comments on tariffs and inflation will probably be monitored closely, after the Federal Reserve maintained its interest rates without changes last month after three consecutive cuts.
“Powell’s message after the January meeting was that the Federal Reserve is not in a hurry to cut more, as long as the economy is strong, and we do not see reason to change that message,” said Elisabet Kopelman, an EE economist. UU. In Seb. In front of the Japanese Yen, the dollar remained stable in 151.93 and stood at $ 1,0318 per euro. The Canadian dollar and the Mexican peso fell slightly, since these countries support the weight of Trump metal tariffs.
The Chinese yuan weakened below the level of 7.3 per dollar and quoted at 7,3042 on Tuesday. The Australian dollar remained stable at $ 0.6278.
The yields of the US Treasury bonds to 10 years They rose slightly to 4,519%, with the operators restoring, for now, that Trump seems to question the debt figures of the US government.
“Markets probably want to see more details about what this could mean,” said Mark Elworthy, head of fixed income operations, currencies and raw materials in Bank of America in Australia, with questions about whether Trump possibly referred to internal property Departmental of the US debt or the accounting treatment of treasure bonds.
“I’m just guessing, but it will be interesting to see if this has more repercussions in the next few days.”
The American crude rose 1.1% to $ 73.08 per barrel, while the Brent crude rose 1.1% to $ 76.71 due to concerns about the supply of Russian and Iranian oil.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
