Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Metals are sliding lower again today, after yesterday’s sell-off, as global growth concern sparked after dismal Chinese numbers,
- Chinese trade balance in February was just $4.12 billion, as exports slumped 20.7 percent from a year ago. It is the worst number in a year. More importantly, the data comes after European Central Bank reduced its 2019 growth forecast from 1.9 percent to just 1.1 percent at its yesterday’s meeting, and just days after Chinese government reduced the lower target for 2019 growth to just 6 percent, according to forecasts made during the 2019 National People’s Congress.
Metals are on the slid this week amid economic growth concern,
- Except for Aluminum, all base metals are in red today, with Nickel being the worst performer.
- However, precious metals are higher on risk aversion bids.
|
Aluminum |
1,864.75 |
0.16% |
|
Copper |
2.898 |
-0.43% |
|
Copper |
6,403.75 |
-0.50% |
|
Gold |
1,294.05 |
0.62% |
|
Lead |
2,099.50 |
-0.19% |
|
Nickel |
13,087.50 |
-1.00% |
|
Palladium |
1,477.50 |
-0.33% |
|
Platinum |
818 |
0.11% |
|
Silver |
15.117 |
0.51% |
|
Tin |
21,437.50 |
-0.13% |
|
Zinc |
2,720.75 |
-0.55% |
The selloff is likely to extend further after trading opens in COMEX.
