Macron warns EU may hit China with tariffs over trade surplus

Copper prices have surged close to an all-time high, driven by increased stockpiling in the US and tightening global supply dynamics. This surge reflects a growing investor confidence in the metal's continued rally amid fears of a supply crunch.

Eli Lilly’s diabetes treatment, Mounjaro, has been officially added to China’s state insurance list, enhancing access for patients in need of effective diabetes management. This inclusion marks a significant step in the company's efforts to expand its market presence in China, a key region for growth in the pharmaceutical sector.

The Federal Reserve's upcoming interest rate decision and ongoing trade discussions with the United States are anticipated to significantly influence India's financial markets this week. Investors are closely monitoring these developments as they could impact currency valuations and stock prices.

Oil prices have stabilized at two-week highs, buoyed by expectations of a potential interest rate cut by the US Federal Reserve and ongoing geopolitical risks, particularly related to the Ukraine conflict. This stability follows fluctuations influenced by recent developments in crude inventories and market sentiment.

U.S. Trade Representative Jamieson Greer announced that China has made significant progress in fulfilling its soybean purchase commitments, having completed approximately one-third of its obligations for the current growing season. This statement reflects a positive development in U.S.-China trade relations, particularly in the agricultural sector.

A recent survey indicates that European CEOs are increasingly pessimistic about the economic outlook in Europe, showing a preference for investing in the US instead. This sentiment reflects a broader trend of declining confidence among business leaders in the region, as they navigate a challenging economic environment.

China is recognized as a leading nation in renewable energy, showcasing a complex energy landscape that includes solar, wind, hydro, nuclear, and coal. This duality presents both opportunities and challenges as the country navigates its energy future amidst global scrutiny and economic pressures.

America's economic divide is deepening, with the fortunes of the rich and poor diverging significantly, posing a challenge for former President Trump as he approaches the midterm elections. This shift has transformed the economy from a potential asset into a liability for his political aspirations.