Shanghai Futures Exchange: Copper inventories rose by 644 tons this week, aluminum inventories rose by 3,936 tons, zinc inventories fell by 612 tons, lead inventories rose by 10,660 tons, nickel inventories rose by 821 tons, tin inventories rose by 683 tons, and natural rubber inventories rose by 820 tons.

The three major U.S. stock indexes closed up and down differently. The Dow rose 1%, fell 4.2% in March, and fell 1.28% in the first quarter. The S & P 500 rose 0.55%, and fell 5.75% in March, the largest monthly decline since October 2022. The first quarter fell 4.59%, the largest quarterly decline since the fourth quarter of 2022. The Dow fell 0.14%, and fell 8.21% in March, the largest monthly decline since 2023. The first quarter fell 10.42%, the largest quarterly decline since the third quar...

Fed Williams said there is a real risk of higher inflation than the Fed forecasts. Inflation is forecast to remain relatively stable this year, but there are upside risks. The possibility of a recession is not predicted, and the economy is currently very solid supported by a good job market; there is no stagflation in the current economy, and the economy is expected to continue to grow, but at a slower rate than last year.

Barkin said the underlying assumption was that it would take some time for the FOMC to get a clear picture of the impact of the tariffs. Suppliers are more emboldened and they will have to pass on higher prices to consumers, who say they are tired of paying higher prices.

The Fed's Mr. Williams said it was still in the early stages of assessing the impact of the tariffs. There is still a lot of uncertainty about the tariffs, and details are crucial. Data needs to be watched to measure the impact of the tariffs, and the full impact of the tariffs could be felt over a long period of time.

Barkin said that to cut interest rates, one needs to have confidence in inflation; now is not the time to say how many rate cuts are expected this year. Stagflation in the 1970s was characterized by misaligned inflation expectations, but that has not been seen yet. Concerned about inflation and employment, there is no rush to cut interest rates. And said that balance sheet shrinkage is likely to be slower and longer.

The SEC and Mr. Musk filed a joint motion to set a date for Mr. Musk to respond to the SEC complaint. The motion said Mr. Musk had until June 6, 2025, to answer or otherwise respond to the SEC's allegations.

President Trump will announce his reciprocal tariff policy at an event in the White House Rose Garden on Wednesday, White House press secretary Levitt said. Trump's announcement was primarily "country-based" tariffs, Levitt said, but he also "committed" to implementing industry tariffs at another time. Levitt said members of Trump's cabinet will attend the announcement ceremony. Levitt said: "The president will announce a tariff plan that will reverse decades of...

The Trump family appears to be strengthening its control over WLFI. WLFI was announced before Trump's inauguration, but is still in the development stage. According to a report published by Reuters on Monday, the Trump family further consolidated its control of World Liberty in January by forming WLF Holdco LLC. Among them, DT Marks DeFi LLC is an affiliated entity of Trump and some of his family members, holding a 60% stake in the new company WLF Holdco LLC, while WLF Holdco LLC holds a 60% sta...

Iranian state media: Iran's Revolutionary Guards have seized two foreign oil tankers carrying more than 3 million liters of smuggled diesel.

Ambient completed a $7.20 million seed round with the participation of a16z, Delphi Digital and Amber Group. Ambient aims to provide fast, cheap and open intelligent services combined with artificial intelligence technology. The project uses a proof-of-work mechanism similar to Bitcoin and operates in a similar way to Solana's network.

Heavyweight! The USDA planting intention report and quarterly inventory report are out. Among them, the US 2025 corn planting area forecast is higher than expected; the US 2025 wheat, soybean, cotton planting area forecast is lower than expected. The US to March 1 soybean and wheat quarterly inventories were higher than expected, and the US to March 1 corn quarterly inventories were flat with expectations.

Bithumb's net profit for 2024 is expected to reach $110 million, a five-fold increase from the previous year. Bithumb plans to list on Nasdaq in the second half of 2025.