Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
U.S. Stocks Slip as Investors Await Fed Rate Decision and Monitor Market Shifts 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Dollar Slips as Weak U.S. Manufacturing Data Increases Pressure for Fed Rate Cuts 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
U.S. Backs Bayer in Supreme Court Battle Over Roundup Cancer Lawsuits 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Goldman Sachs reported Monday that the copper market is pricing in a 50% chance of a 10% U.S. tariff on the metal by the end of Q1 2025. The bank’s own estimate aligns with this, assigning a 50% probability of such tariffs being implemented by year-end.
Copper prices on the London Metal Exchange fell 0.3% to $9,167 per metric ton at 0706 GMT, retreating from last week’s one-month high. The market remains cautious as President-elect Donald Trump prepares to deliver his inauguration speech, with traders watching for signs of immediate policy changes. Trump has proposed tariffs of up to 10% on global imports, 60% on Chinese goods, and 25% on Canadian and Mexican products.
Goldman Sachs also highlighted oil market concerns, estimating a 40% chance of a 25% tariff on Canadian imports, compared to their subjective 15% probability of such a tariff by year-end. Brent crude futures were trading around $80.69 per barrel, while U.S. West Texas Intermediate crude was steady at $77.36.
The bank assigned a low 10% probability to a 10% tariff on gold, citing its status as a financial asset, which likely shields it from broad-based tariffs. Spot gold prices rose 0.3% to $2,708.77 per ounce, while U.S. gold futures held at $2,749.70.
COMEX gold stocks surged by one-third in six weeks as market players sought deliveries to hedge against potential tariffs.
This market analysis underscores how proposed U.S. tariffs could disrupt global commodities, fueling price volatility and strategic shifts among traders.
