GuShiio.com ① Most popular Chinese stocks closed higher, with the Nasdaq China Golden Dragon Index rising 1.95%;
② The U.S. Commerce Secretary said Trump is considering reducing some tariffs on Mexico and Canada;
③ Zelensky: Be prepared to sign minerals and security agreements in a convenient form at any time;
④ Putin has agreed to act as a middleman in negotiations between the United States and Iran on the nuclear issue.
Overnight stock market
On Tuesday, the three major U.S. stock indexes closed down collectively, with the Dow down 1.55%, the Nasdaq down 0.35%, and the S & P 500 down 1.22%, giving up all gains since Election Day.
The U.S. government is insisting on implementing a 25% tariff that took effect Tuesday on imports from Canada and Mexico. Wall Street had been hoping that these tariffs would be postponed or eliminated, but ultimately failed to do so.
Most popular Chinese stocks closed higher, with the Nasdaq China Golden Dragon Index rising 1.95%. Jinshanyun rose by more than 7%, Beilai rose by more than 5%, Fangduo and Vipshop rose by more than 4%, and Baidu and Douyu rose by more than 3%.
Major European stock indexes closed down generally, with Germany’s DAX30 index down 3.54%, Britain’s FTSE 100 index down 1.27%, France’s CAC40 index down 1.85%, and Europe’s Stoxx 50 index down 2.77%.
COMEX gold futures closed up 0.93% at US$2,928.2 per ounce;COMEX silver futures closed up 0.8% at US$32.57 per ounce.
The settlement price of WTI crude oil futures fell 0.16% to US$68.26/barrel. Brent crude oil futures settled down 0.81% to US$71.04/barrel.
market news
[U.S. Commerce Secretary says Trump is considering reducing some tariffs on Mexico and Canada]
U.S. Commerce Secretary Howard Lutnik revealed on Tuesday that the Trump administration could announce as early as tomorrow ways to provide tariff buffers for Mexican and Canadian goods covered by the North American Free Trade Agreement. “Mexico and Canada have been on the phone with me all day today, trying to show that they’re going to do better, and the president is listening because you know he’s very, very fair and very reasonable,” Lutnik said in an interview with Fox Business.”So I think he’ll work with them to figure out some way-not a pause, not a pause, but I think he’ll figure out a way: If you do more, I will go against you, and we may announce it tomorrow.”
[The EU strongly condemns the US for imposing additional tariffs on Canada and Mexico]
European Commission spokesman Orof Gill issued a statement on the 4th criticizing the United States for imposing tariffs on Canada and Mexico, and called on the United States to reconsider its trade policies. “We call on the United States to reconsider its approach and work to find a rules-based solution that facilitates cooperation among all parties,” Gill said in an emailed statement, according to media reports. He emphasized that at a time when international cooperation is more important than ever, the U.S. move could disrupt global trade, harm major economic partners, and create unnecessary uncertainty.
[Zelensky: Ready to sign minerals and security agreements in a convenient form at any time]
Ukraine President Zelensky said that Ukraine is ready to sign minerals and security agreements in any convenient form. Regretting the outcome of the meeting at the White House, Ukraine is ready for a quick end to the conflict. Initial stages of ending the conflict could include releasing prisoners and establishing an air ceasefire, and if Russia does the same, Ukraine is ready to act.
[Germany will set up a 500 billion euro fund to address urgently needed defense and infrastructure investment]
German Chancellor designate Mertz said the country will establish a € 500 billion fund as part of a comprehensive policy reform to address urgently needed investment in defense and infrastructure. Speaking to reporters in Berlin on Tuesday, Merz also said spending above 1% of GDP would not be subject to the debt-braking mechanism. “Europe needs to strengthen its defenses,” Mertz said. “In the face of threats, we need to do whatever it takes.”
[Putin has agreed to act as a middleman in negotiations between the United States and Iran on the nuclear issue]
Russian Presidential Press Secretary Peskov told the media that Russian President Vladimir Putin has agreed to serve as a middleman in negotiations between the United States and Iran on the nuclear issue. On the same day, Russian Presidential Assistant Ushakov said that Russia and the United States representatives in Riyadh had agreed to hold separate talks on the situation in Iran.
[The U.S. State Department announces that Houthi armed forces will be listed as a “foreign terrorist organization”]
The U.S. State Department issued a statement announcing that it would list the Houthi armed forces as a “foreign terrorist organization.” On January 22, the White House issued a statement listing the Houthi armed forces as a “foreign terrorist organization,” saying that the activities of the Houthi armed forces threatened the security of U.S. civilians and personnel in the Middle East, the security of the United States “closest regional partners” and the stability of global maritime trade.
[Apple launches iPad Air equipped with M3 chip and new smart keyboard starting at $599]
Apple announced that starting today, customers can pre-order iPadAir and Magic Keyboard keyboards equipped with powerful M3 chips, starting March 12. The iPad Air equipped with the M3 is nearly 2 times faster than the iPad Air equipped with the M1 and 3.5 times faster than the iPad Air equipped with the A14 bionic chip. The Wi-Fi model of the 11-inch iPad Air starts at $599, and the Wi-Fi+ cellular model starts at $749. The Wi-Fi model of the 13-inch iPad Air starts at $799, and the Wi-Fi+ cellular model starts at $949.
[OpenAI’s latest launch of NextGenAI is committed to accelerating scientific research breakthroughs and educational change]
OpenAI has launched NextGenAI. NextGenAI is a pioneering alliance of 15 leading research institutions committed to using artificial intelligence to accelerate scientific breakthroughs and transform education. OpenAI says artificial intelligence has the potential to drive progress in scientific research and education, but only if people have the right tools to use it. To this end, OpenAI has committed US$50 million in research funding, computing resource support, and API access to support students, educators, and researchers in advancing the knowledge frontier.
[The Federal Reserve’s “Three Hands”: Tariffs will lead to higher prices in the United States, and there is no need to adjust policies at present]
On Tuesday local time, New York Fed President Williams said he expected Trump’s additional tariffs to worsen the inflation situation in the United States, but there was still great uncertainty about the impact of the tariffs. At an investment conference that day, Williams said: “Based on what we know so far, and given all the uncertainty, I pay close attention to some of the impact of tariffs on inflation and prices, and I think we will see those effects later this year.” When asked if policymakers would consider adjusting interest rates at this month’s meeting, Williams said monetary policy is in good shape and there is no need to adjust borrowing costs immediately. He described interest rate policy as “moderately restrictive” and said he expected inflation to move closer to the central bank’s 2% target over time.
