Trump tariffs were effective in the goods markets last week

The federal session protocols for Open Market Committee (FOMC) of interest in the USFELAL Bank (FED) of the Peteron declarations supported the risk appetite in pricing. The uncertainty about whether the US administration will take new steps on the tariffs continued to have an impact on asset prices.

This development supported the increase in the dollar index and put pressure on raw material prices.

Trump announced that 35 percent customs tasks from Canada will be implemented from sectoral tariffs from August 1st and that retaliation measures are added to this interest rate and the trade war concerns are increased again.

After Trump explained that they would bring 50 percent of tariffs to copper imports, the free of copper in international markets reached a record level.

On the other hand, Trump asked whether the press members Jerome Powell, the Fed President, would reject. He replied. Trump, who argued that Powell was doing a “terrible” job, said interest rates should be three points lower.

After these developments, the 10 -year bond interest rate of 10 years rose by about 7 basis points to 4.42 percent, while the dollar index rose by $ 0.7 percent to 97.9.

Despite the strengthened dollar index, the price for precious metals increased

All precious metals have gained value with Trump's tariff steps, although the dollar index, which is reinforced by the weakening of the expectations of interest in the completion of the week, has reduced the demand.

Analysts said that the uncertainty of Trump's trade movements in the markets indicates investors to safe port assets that this is also effective on the palladium, but the careful course in automotive demand can restrict the price increase.

On the other hand, the increasing gold reserves of the Chinese central bank in the eighth month in a row steered the increasing gold reserves of the Chinese central bank on the markets. The persistent gold demand from the central banks pointed out that gold has retained the strategic importance of gold against global geopolitical and financial risks.

With these developments, precious metals, prices of ounces, paladium 7.2 percent, silver 4.1 percent, platinum of 0.8 percent and 0.5 percent of the value by 0.5 percent.

Trump's tariff brought copper a recording

Some metals completed the week with a mixed course with the tariff problems, while Trump's tariff decision for copper rose to a recording level.

After Trump explained that they would bring 50 percent tariffs for copper imports, Copper's LIBS broke a record in international markets with 5,81 US dollars.

This development caused concern in Chile, Canada and Mexico, the main copper supplier, while increasing in the US industry and increasing the costs that were brought to the agenda.

Analysts stated that the collective bargaining that aims to increase internal production increases the price fluctuations at short notice and ask the global credit of the offer, while increasing the copper on other exchanges with excess offer is not permanent and prices have been withdrawn.

With these developments, some of the metals on the market have lost 0.3 percent of the value of the value in copper, aluminum and zinc this week, 1.8 percent of the ball and 0.8 percent in Nickel.

Brent Petroleum increased with the impact of announced reports and geopolitical risks

Completed week was closely monitored by the intensive news flow of the offer demand-demand equilibrium for Brent oil prices, while increasing the geopolitical risks was effective in pricing.

At the beginning of the week, the organization of oil exporting countries (Opec) and its allies (Opec+) supported an increase in prices in August, an increase in production increases, while the US demand for record gas for the US travel data on July 4 supported the Prize for Brent oil.

On the last trade day of the week, the international energy agency's report has that the offer is stricter than expected, causing the new sanctions of the United States against Russia to increase the prices for Brent.

On the other hand, OPEC reduced the global oil requirement for 2026–2029 in the 2025 World Oil View report due to the slowdown of demand in China. According to the report, global demand in 2026 is expected to be 106.3 million barrels per day. This number reached 108 million last year.

With these developments, the barrel price of brent oil increased by 3.1 percent, while the price of natural gas against the New York Commodity Exchange in relation to the British heat unit (MMBTU) lost 2.1 percent.

The agricultural goods are complicated

During the week in the agricultural market markets, the prices followed due to export data and news flow from the production regions for a mixed course.

Wheat prices, Russia's wheat export tax reset, was under pressure due to the increase in competition in the Black Sea region. The decision was made after the programs in July to the lowest level of the past 16 years and the fact that farmers kept their products due to strong rubles.

On the other hand, this situation can support regional wheat prices at short notice, he said, analysts, harvesting and high pricing the farmers due to the high pricing of wheat in the wheat ports, he said.

Corn prices also ended the week, while the data from the US Agriculture Ministry (USDA) showed that weekly sales have reached the highest level of the past eight weeks at 1 million 262,000 tons. Appendix 888 thousand 562 tons of new season sales supported the appearance of global demand. In Brazil, the second product was increased to 132.3 million tons. However, the freight from Brazil and weak purchases from China slowed down the global shipping quota.

With these developments, prices per cile went to the Chicago raw material exchange this week by 5.7 percent in corn, 4 percent in soybeans, 2 percent wheat and 1.3 percent in rice.

In the United States, the intercontinental exchange of raw material exchange with coffee with 0.6 percent and with sugar by 1.1 percent by 1.1 percent with 1.1 percent. The price for cocoa per tonne ended the week with an increase of 0.3 percent.


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