Boy Lost In Thoughts

Silver (XAG/USD) maintains a solid bullish trend, backed by strong technical indicators and supportive fundamentals—including anticipated Fed rate cuts and robust industrial demand. While short-term factors like easing Iran concerns have triggered profit-taking, the larger uptrend remains unbroken. Traders now face a tactical decision: either pursue a breakout above $93.51 or wait for a dip toward the value area around $83.67. Key support levels lie at $83.67 and $78.88, with long-term moving averages providing a safety net. Regardless of short-term fluctuations, silver's structural outlook remains positive.

Major Points Highlighted:
Uptrend Firmly IntactSilver’s bullish trend is confirmed by swing charts, trendlines, and moving averages (50-day and 200-day).Critical resistance level is $93.51; a break above signals further upward momentum.Traders Face a Strategic ChoiceOption A: Chase the breakout above $93.51 for momentum plays.Option B: Wait for a pullback to the value zone near $83.67 for a more favorable entry.Strong Fundamental BackingExpectations of Fed rate cuts in 2026 continue to support the bullish outlook.Surging industrial demand from AI, electric vehicles, and solar energy sustains long-term optimism.Persistent supply constraints add further upward pressure on prices.Short-Term Volatility from Geopolitics & PolicyRecent price dips are attributed to profit-taking as Iran tensions ease.Trump’s shifting stance on Iran and delayed tariffs have injected near-term volatility.Core fundamentals remain unchanged, with dips viewed as potential buying opportunities.Key Technical Levels to WatchSupport: $83.67 (50% retracement level), followed by $78.88 (trendline support).Long-term support: 50-DMA at $64.45 and 200-DMA at $45.39.A fall below $73.84 would signal a trend reversal.
$XAG
$XAU
$PAXG

Binance Square's CreatorPad is shifting its focus from quantity to quality content and meaningful engagement. As part of this update, a new Plasma (XPL) campaign is launching, offering a 3.5 million XPL token reward pool.
Major Points & Updates:
CreatorPad System OverhaulShift from quantity to quality: Reduced post and trade requirements now emphasize semantic relevance and higher-value content.Weighted engagement metrics: Rewards will factor in genuine interactions—comments, shares, likes, and views—to recognize real influence.Merit-based & permissionless: Only true contributors will earn rewards.Updated leaderboard goes live: 2026-01-23.New Plasma (XPL) Campaign – 3.5M XPL Reward PoolCampaign period: 2026-01-16 to 2026-02-12 (UTC).How to participate:Post or article on Binance Square about Plasma (with hashtags #Plasma, $XPL , and mention @plasma).Follow Plasma on Binance Square and X.Trade at least $10 in XPL on Binance Spot, Futures, or Convert.Reward distribution:Top 500 creators on Global and Chinese leaderboards each share 1,750,000 XPL.Rewards are proportional to points earned.Key Eligibility & RulesMust pass KYC verification.Content must be original and relevant; no Red Packet/giveaway posts.Participants must keep posts live for 60 days after the campaign.Rewards distributed as token vouchers, valid for 7 days upon receipt.Binance reserves final discretion on terms and participant eligibility.Important NotesSeparate Chinese leaderboard for predominantly Mandarin content creators.Participants can only join one leaderboard.Suspicious activity or bot use leads to disqualification.
Why This Matters:
Encourages meaningful content over spam, improving platform quality.Rewards authentic engagement with weighted metrics.Substantial token incentive (3.5M XPL) for early participation.Clear structure for global and Mandarin-speaking creators.
Bottom Line:
Binance Square’s CreatorPad is now prioritizing quality content and real engagement, backed by a major token campaign for Plasma (XPL). Create valuable posts, follow simple tasks, and compete for a share of 3.5 million XPL.

$XPL

The US Dollar is consolidating near multi-week highs, supported by robust jobs data that affirms the Federal Reserve's steady interest rate stance. With political overhangs easing and technical patterns leaning bullish, the key question is whether the Dollar Index can power past resistance to hit the $100 mark. This setup creates specific technical levels for traders to watch in both EUR/USD and GBP/USD, which remain vulnerable to further downside against the strengthening greenback.

Major Points:
The US Dollar Index (DXY) is holding strong near $99.50, boosted by a surprisingly strong labor market (jobless claims fell to 198K).The data reinforces the Federal Reserve's likely pause on rates, with markets seeing a 95% chance of no change in January and potential cuts pushed to June.Political stability supports the Dollar, as Fed Chair Powell is confirmed to remain in his role, easing uncertainty.Technically, the DXY is in a rising channel. A break above key resistance at 99.745 could open the path toward the psychologically key $100 level.For traders: GBP/USD is under bearish pressure watching $1.33612 support, while EUR/USD maintains a bearish bias below $1.16815 resistance.

$WAL

Bitcoin is currently hovering around $95.5K after pulling back from the $98K mark—a level that aligns with the significant 61.8% Fibonacci retracement line. The cryptocurrency is now at a critical technical juncture, with its next directional move largely dependent on external catalysts, as major economic data is sparse in the near term.

Key Points:
Market Pullback: The crypto market dipped 1.5% in 24 hours, settling at a $3.23 trillion capitalization. Large-cap assets saw minor declines, while smaller altcoins fell more sharply—except Tron, which continued its steady rise.Critical Technical Level: Bitcoin is testing the 61.8% Fibonacci retracement near $98K. A clear breakout or rejection here could determine the near-term trend.Low Exchange Supply: Bitcoin holdings on exchanges have hit a seven-month low, suggesting reduced selling pressure.Holder Behavior: Long-term Bitcoin holders are not taking profits despite recent price increases, indicating underlying strength rather than speculative frenzy.Reduced Leverage: Open interest in Bitcoin derivatives is down 28% from its October peak, signaling a healthier, less overheated market.Sentiment & Risk: Over 47,000 retail investors exited recently amid fear and uncertainty. While some metrics appear optimistic, the options market still reflects caution, and recent price movements may be driven more by short squeezes than new capital inflows.Regulatory Note: The SEC has closed its case against the Zcash Foundation, removing a minor regulatory overhang for the privacy-focused coin.
In short: Bitcoin is consolidating at a pivotal technical level amid mixed signals—strongholder conviction and lower exchange supply provide support, but low liquidity and retail caution suggest volatility ahead. All eyes are on whether BTC can break above the $98K Fibonacci barrier.
$BTC
$ETH
$BNB

Binance is hosting an exclusive trading competition for the Yooldo (ESPORTS) token. From January 16 to January 30, 2026 (UTC), users can compete for a share of $200,000 worth of rewards by trading on Binance Wallet (Keyless) or Binance Alpha. The top performers will win a portion of 448,500 ESPORTS tokens.
Major Points Highlighted:
Massive Prize Pool: A total of $200,000 worth of ESPORTS tokens is up for grabs.Exclusive Access: Trade only on Binance Wallet (Keyless) or Binance Alpha. Trades on third-party platforms do not qualify.Simple Ranking: Winners are ranked solely by their total cumulative purchase volume of ESPORTS during the event. Selling volume does not count.No Volume Caps: You can trade as much as you want to climb the leaderboard.Who Wins: The top 6,900 traders will split the prize pool, each receiving 65 ESPORTS tokens.Key Eligibility: You must be from a qualified region, have a verified (KYC) Binance account, and an active Binance Wallet.Important Dates:Competition: Jan 16, 2026 (13:00 UTC) – Jan 30, 2026 (13:00 UTC)Rewards Distributed By: Feb 13, 2026 (13:00 UTC)
Critical Disclaimers & Notes:
Availability: This event and the related services may not be available in your region.High-Risk Activity: Trading, especially emerging assets like those on Binance Alpha, is volatile. You could lose your entire investment.Binance's Rights: Binance reserves the right to disqualify users for manipulation (like wash trading) and can change the event terms at any time.Reward Forfeiture: You will lose your rewards if you delete or deactivate your Binance Wallet before distribution.Not an Exchange Listing: Featuring ESPORTS on Binance Alpha does not guarantee a future listing on the main Binance Exchange.
Bottom Line: This is a high-risk, high-reward competition for eligible Binance users. Your ranking and reward depend entirely on your total ESPORTS purchase volume during the two-week period.

$ESPORTS
$DOLO

Gold and silver prices fell sharply as a surge in the U.S. dollar and easing U.S.-Iran tensions reduced safe-haven demand. Gold broke below $4,600, while silver dropped over 1% toward $91, with both metals now testing critical technical support levels.
Major Points Highlighted:
Strong Dollar Weighs on Metals: The U.S. Dollar Index (DXY) strengthened after U.S. jobless claims unexpectedly fell to 198K, boosting the dollar and lowering demand for dollar-denominated gold and silver.Geopolitical Calm Reduces Safe-Haven Appeal: Softer rhetoric from the U.S. toward Iran eased immediate conflict fears, reducing the urgency for investors to hold precious metals.Gold Technical Outlook: Gold faces resistance near $4,640–$4,695, with support at $4,571 and $4,500. A break below $4,571 could trigger a sell-off toward $4,500.Silver Technical Outlook: Silver is testing support near $87.50, with a break lower potentially opening a move toward $86.50. Resistance sits near $93.35–$97.15.Fed Policy Expectations: Strong labor data has reduced expectations for Fed rate cuts in early 2026, supporting the dollar and pressuring metals.Trader Takeaway: Short-selling opportunities may emerge if gold breaks below $4,571 and silver below $87.50, with defined stop and target levels in place.
$XAU
$XAG
$BTC

Sterling interest rates are rising on improved UK growth signals, threatening to delay the Bank of England's first rate cut. However, the underlying trend is still seen as downward for the year. Meanwhile, US Treasury yields face mixed signals, but continue to attract substantial foreign investment, as confirmed by strong November inflow data showing significant participation from key allied nations.
Major Points :
UK Rates: Short-Term Push vs. Long-Term PullNear-Term Pressure: Strong UK growth data is pushing sterling rates higher and could delay Bank of England rate cuts. Upcoming hot inflation/jobs data may further shift expectations from a March cut to April.Broader Trend: Despite recent moves, the analysts' core view remains that UK rates (like the 10Y gilt yield) will trend lower by year-end, driven by falling inflation and muted growth.US Treasuries: Sustained Foreign DemandRobust Appetite: The latest TIC data shows strong foreign buying of US securities, with $220bn in total net inflows for November.Key Players: Major buyers include the UK, Japan, and Canada. China continues to be a large, persistent net seller of Treasuries.Ownership Breakdown: Foreigners hold 33% of US Treasuries, underscoring the market's global reliance.
$ASR
$BNB

The GBP/AUD pair has decisively broken and held below the critical 2.000 level, marking its first close beneath this threshold in over a year. This drop came despite a better-than-expected UK GDP reading, which was quickly dismissed as temporary. Bearish momentum is now accelerating, opening the door for a continued slide toward the mid-1.90s. Both technical indicators and market sentiment support further declines, with traders eyeing short opportunities below 2.000.
Major Points :
Historic Breakdown: GBP/AUD closed below the key 2.000 level for the first time since early 2025, confirming a major bearish shift.GDP Boost Fades Fast: Despite a surprising 0.3% UK GDP rise in November, gains were driven by temporary factors (like auto production rebound), failing to support the pound.Bearish Momentum Builds: The breakdown from a descending triangle pattern suggests further downside, with targets near 1.9600–mid-1.90s.Strong Technical Signals: RSI and MACD momentum indicators both support further declines, reinforcing the bearish outlook.Risk Sentiment Hurts GBP: A stronger risk appetite boosted the Aussie dollar, while a firmer U.S. dollar added pressure on GBP.Trading Idea: Short positions below 2.000 are favored, with potential pullbacks possibly attracting buyers later if historical January trends repeat.
$LTC
$BEAT

ECB Chief Economist Philip Lane indicates that the eurozone’s current interest rate level is likely to remain the baseline for the coming years, with no near-term debate on cuts expected. He projects a sustainable return to the 2% inflation target by 2026.
$SANTOS
$PIVX
$SOL

Goldman Sachs Research forecasts a robust 2026 for the U.S. economy, with growth outperforming expectations and inflation cooling further.
Key Highlights:
Stronger Growth: GDP is projected to grow 2.5% (Q4/Q4), above the 2.1% consensus. Recession risk is lowered to 20%.Lower Inflation: Core PCE inflation is expected to fall to 2.1% by year-end, below official and market forecasts.Key Drivers: The drag from tariffs is expected to fade, while business and personal tax cuts from recent legislation will boost activity. Productivity gains, aided by AI, will also play a larger role.Fed Rate Cuts: The Fed is predicted to cut rates twice in 2026 (June & September, 25 bps each), with the terminal rate reaching 3%-3.25%.Labor Market Uncertainty: The outlook is more mixed. While the unemployment rate is expected to stabilize at 4.5%, risks of further softening remain. Job growth is weak, and companies are increasingly eyeing AI as a tool to reduce labor costs, which could hinder hiring.Inflation Confidence: Analysts believe underlying inflation progress has been masked by one-time tariff effects and that labor market rebalancing will help bring inflation to the Fed's target.
Bottom Line:
Goldman Sachs presents an optimistic yet nuanced view: expect a strong, productivity-led expansion with falling inflation in 2026, but watch the job market closely for potential AI-related disruptions and softening.
$GLMR
$XVS
$ETH

In a social media post, former President Donald Trump claimed that recent strong financial numbers are due to tariffs, which he says have brought in hundreds of billions of dollars without inflation while strengthening national security. He ended with "GOD BLESS THE U.S.A."
$TOWNS
$BNB

Binance has launched a major upgrade to its Options platform, headlined by the opening of ETH Options writing to all traders. This feature allows users to generate income, hedge positions, and execute advanced strategies. The upgrade also delivers faster execution, a wider range of contracts, and enhanced market data tools. To participate, users must enable the "Long & Short Sell" trading mode. The platform continues to offer the advantages of stablecoin settlement and competitively low fees.
Major Points:
Headline Feature: ETH Options Writing is now available to all users, enabling strategies for income, hedging, and market speculation.Platform-Wide Upgrades: Experience faster trade execution (higher API throughput), more contract choices (expanded strikes), and better data (advanced WebSocket streams).Key Benefits: Trade stablecoin-denominated options for simpler pricing, enjoy competitive fees with a 20% discount on new contracts, and employ flexible strategies.Important Note: Access requires upgrading your account to the "Long & Short Sell" trading mode on the Binance Options page.
$ETH
$BTC
$BNB

XRP faced selling pressure after the U.S. Senate delayed a pivotal crypto market structure bill, a move triggered by Coinbase's criticism and withdrawal of support. This underscores XRP's high sensitivity to American regulatory shifts. However, the decline was contained as bulls defended critical support at the $2.00 level. Underlying strength from significant XRP-spot ETF inflows and continued progress toward eventual legislation maintains a cautiously bullish outlook, with analysts holding firm on medium-term price targets between $3.00 and $3.66, provided the token stays above key support.
Major Points:
Regulatory Setback: The US Senate Banking Committee abruptly postponed a crucial vote on the "Market Structure Bill," a major piece of crypto-friendly legislation, delaying potential progress until summer.Immediate Market Impact: XRP price dipped over 6% following the news, underperforming Bitcoin, highlighting its acute sensitivity to U.S. regulatory developments.Catalyst for Delay: The Senate's action was a direct response to Coinbase withdrawing its support for the bill, with CEO Brian Armstrong criticizing key provisions as overly restrictive.Bullish Defenses Hold: Despite the sell-off, XRP successfully defended the key $2.00 support level and remains above its 50-day EMA, keeping the near-term technical bias cautiously bullish.Strong Fundamental Backing: Robust net inflows into U.S. XRP-spot ETFs ($1.27B since launch) provide underlying demand, countering regulatory headwinds and supporting a positive medium-term outlook.Price Targets Intact: Analyst outlook projects a move toward $2.50 short-term, $3.00 medium-term (4-8 weeks), and $3.66 longer-term, contingent on avoiding a breakdown below $2.00.Key Risks: The bullish scenario could unravel from a hawkish Bank of Japan, unfavorable U.S. economic data, a stalling of the crypto bill, or outflows from XRP-spot ETFs.
$XRP
$DUSK

Gold and silver prices dipped as strong U.S. job data lifted the dollar and easing Iran-U.S. tensions reduced safe-haven demand. The pullback is seen by analysts as a potential short-term buying opportunity within a still-bullish trend, with key support levels in focus for both metals. The U.S. dollar is consolidating, awaiting a breakout for its next directional move.

Major Points:
Prices Pull Back on Dual Catalysts:
Gold and silver declined due to stronger U.S. jobless claims boosting the dollar and easing Iran–U.S. tensions reducing safe-haven demand.U.S. Data Strengthens Dollar:
Weekly jobless claims fell to 198,000, beating expectations, lifting the dollar and pressuring precious metals short-term.Geopolitical Calm Lowers Safe-Haven Appeal:
Reduced fears of escalation between Iran and the U.S. contributed to the decline in gold and silver.Gold’s Technical Outlook Stays Bullish:
Gold is consolidating above $4,600; a rebound from $4,260 support suggests the current dip may be a short-term buying opportunity.
Key support lies at $4,500–$4,550; a break below $4,260 could trigger a deeper correction toward $4,000.Silver Faces Key Resistance:
Silver is correcting from a strong resistance zone ($90–$100). A break above $100 could renew upward momentum, while a pullback toward $60–$70 may offer a favorable buying entry.U.S. Dollar in Neutral Range:
The USD Index is consolidating between 96.50 and 100.50. A break above 100.50 could propel it toward 102, while a drop below 97.50 may lead to a test of 96.50.Overall Market View:
The current retreat in gold and silver is seen as a potential short-term buying opportunity within a broader bullish trend, pending key support holds.
$XAU
$XAG
$BTC

Global AI spending is forecast to surge from $2.53 trillion in 2026 to $3.33 trillion in 2027, with over half focused on building AI infrastructure. While bulls see a lasting investment boom and tech giants like Nvidia project massive sales, bears warn of a potential dot-com-style bubble. Current demand outstrips supply, but the market may soon enter a "trough of disillusionment," where hype fades, spending could slow, and industry consolidation may follow.
Major Points:
Massive Spending Surge: Global AI investment is projected to skyrocket from $2.53 trillion in 2026 to $3.33 trillion in 2027, totaling nearly $6 trillion in just two years.Infrastructure Dominates: The core focus is AI infrastructure, with $1.36 trillion in 2026 and $1.75 trillion in 2027 dedicated to building foundational systems.Wall Street Divide:Bulls argue AI adoption is still in its early stages, with years of heavy investment ahead.Bears warn of an overhyped, dot-com-style bubble that could soon burst.Tech Giants Bet Big:Nvidia’s CEO announced plans to sell $500 billion in GPUs by the end of 2026.AMD’s CEO expects the data center market alone to reach $1 trillion by 2030.Supply Under Strain: AI chip and server inventories are sold out for the next 18–24 months, indicating relentless demand.Beyond Hardware: Significant investment continues in AI software, models, and data science.Potential Cooling Ahead: AI may be approaching the “trough of disillusionment”—a hype cycle phase where excitement wanes and spending could slow, leading to market consolidation and mergers.Past Precedent: Similar booms in tech trends like VR and the metaverse saw eventual pullbacks, hinting at possible caution ahead.
$ZKP
$BTC

Food prices in New Zealand have risen dramatically since 1960, with the index increasing from 45.9 to 1,341 by December 2025—a growth of over 2,800%.
1. Long-Term Inflation in Food Prices
Starting Point (1960): The food price index began at 45.92 in January 1960.Growth Over 65 Years: By December 2025, the index reached 1,341 – an increase of over 2,800%.Significant Milestones:Crossed 100 in mid-1975.Crossed 1,000 in mid-2017.Reached 1,300+ in 2025.
2. Periods of Rapid Inflation
1970s–1980s: Sharp increases during the oil crisis and high inflation era. The index rose from ~62 in 1970 to ~880 by 1989.Late 1980s–Early 1990s: Volatility with peaks and corrections.Post-2020: Noticeable acceleration, especially from 2021 onward, coinciding with global supply chain disruptions and economic recovery post-COVID.
3. Subcategory Analysis: Fruit and Vegetables
Data for Fruit and vegetables begins in June 1999 with an index of 566.83.Current Level (Dec 2025): 1,158 – an increase of ~104% since mid-1999.Peak in 2023: Reached 1,350 in June 2023, reflecting high fresh produce inflation.
4. Fruit-Specific Trends
The Fruit sub-index started at 585.68 in June 1999.December 2025 Value: 1,158 (same as fruit and vegetables aggregate).Highest Recorded: 1,158 in December 2025, matching the broader subgroup.
5. Recent Inflation Surge (2020–2025)
The food index rose from ~1,034 in Jan 2020 to 1,341 in Dec 2025 – a ~30% increase in 5 years.Fruit and vegetables rose from 875 in Jan 2020 to 1,158 in Dec 2025 – a ~32% increase.
6. Monthly Fluctuations and Seasonality
Regular fluctuations within years, especially in fruit/vegetable categories, likely due to seasonal supply changes.Example: Fruit and vegetables dipped to 1,119 in April 2024 before rising again.
7. Data Completeness and Scope
Full dataset for total food from 1960 to 2025.Fruit and vegetables data starts in 1999.Fruit-only data also begins in 1999, allowing detailed subcategory tracking.
Summary of Key Takeaways
✅ Sustained long-term increase in NZ food prices over 65 years.✅ Accelerated inflation post-2020, with indices rising sharply.✅ Fruit and vegetables have seen significant price increases, peaking in mid-2023.✅ High volatility in fresh produce reflects supply sensitivity and seasonal factors.✅ Data provides granular tracking of food inflation at category and subcategory levels.
Data Source: Consumers Price Index - CPI, Food Price Index Level 1 Groups and Subgroups for New Zealand (Monthly), Statistics New Zealand. All values are index numbers with base periods defined by the series.
$U
$DCR

The December 2025 Performance of Manufacturing Index (PMI) for New Zealand surged to a four-year high of 56.1, significantly above its long-term average. BNZ economists find this "compelling" evidence of a genuine underlying improvement in the sector, driven by strong new orders, broad-based gains across all components, and supportive economic drivers like residential building and primary exports. This strong result suggests positive momentum for Q4 GDP and outperforms major international peers, though a persistent soft spot remains among the smallest manufacturing firms.
Major Bullet Points
📈 Record Performance: The PMI jumped to 56.1 in December, up from 51.7 in November. This is the best monthly result of 2025 and the strongest in four years.✅ Signs of a Real Trend: The improvement is seen as credible and not a one-off, supported by four key factors:A preceding buildup in promising new orders.Broad-based gains across production, employment, and new orders (which hit 59.8).Confirmation from other business surveys.Fundamental economic drivers like rising construction activity and strong primary sector exports.🌍 Global Outperformer: New Zealand's PMI (56.1) is outperforming the global average (50.4) and key comparators like Australia (51.6).📊 Positive Economic Signal: The strength suggests upside risk to GDP forecasts for Q4 2025 and good momentum heading into 2026, reinforcing the previous quarter's GDP growth.⚠️ Notable Soft Spot: Despite the overall strength, micro manufacturing firms (1-10 employees) remain a persistent area of weakness, with a sub-50 reading for a third consecutive year.
$XRP
$FRAX

Based on the Treasury International Capital (TIC) data for November 2025, here is a summary of the key financial flows and trends.
The November 2025 data shows a significant overall inflow of foreign capital into the United States, driven primarily by strong purchases of long-term securities.
🚀 Substantial Net Inflow: The total net inflow of foreign capital into U.S. assets was $212.0 billion for the month.🏛️ Sector Breakdown: This total was composed of $167.2 billion from private foreign investors and $44.9 billion from foreign official institutions (like central banks).📈 Strong Demand for Long-Term Securities: Foreign investors increased their holdings of long-term U.S. securities (like Treasury bonds and stocks) by a net $221.8 billion.Private investors accounted for $157.8 billion of these purchases.Official institutions purchased $64.0 billion.🇺🇸 Outbound U.S. Investment: In contrast, U.S. residents made only small net purchases of long-term foreign securities, totaling $1.6 billion.📉 Short-Term & Banking Flows: Holdings of short-term U.S. securities by foreign residents decreased by $6.5 billion, and banks' net dollar liabilities to foreigners fell by $1.7 billion.
⚠️ Important Context on Data Limitations
The report includes a crucial note about how the data is collected and its limitations:
The figures are primarily based on custodial data, which may not always reflect the true ultimate owner of a security (e.g., if held through a financial center in a third country).Therefore, it can be difficult to draw precise conclusions about changes in holdings for individual countries from this data alone.The TIC data also does not capture direct investment flows or all types of U.S. assets held abroad.
$ZEN
$FOGO

Mexico’s Economy Minister Marcelo Ebrard has affirmed that the US-Mexico-Canada Agreement (USMCA) remains solid and that the three nations are on track to finalize a 16-year extension by the July 1 deadline. His statement comes days after former U.S. President Donald Trump dismissed the trade pact as “irrelevant” during a public appearance. The USMCA is vital to Mexico’s economy, but negotiations face political headwinds, with Trump potentially linking security issues to trade talks and maintaining aggressive tariffs on Mexican exports regardless of the treaty’s renewal.
Major Points Highlighted:
Confidence from Mexico: Economy Minister Ebrard asserts that the USMCA is “firmly intact” and that good progress is being made toward a 16-year extension ahead of the July 1 review deadline.Trump’s Skepticism: Former President Trump recently called the trade agreement “irrelevant,” casting renewed doubt on its future and signaling potential obstacles.High Stakes: The USMCA is described as a “backbone” of Mexico’s economy, having replaced NAFTA in 2020.Political Complications: Analysts warn that Trump may merge security concerns—like military action against cartels—with trade negotiations, politicizing the renewal process.Tariff Threats Persist: Even if extended, steep U.S. tariffs on Mexican steel, aluminum, and automobiles could undermine the pact’s benefits.Timeline Uncertainty: While July 1 is the official deadline, many expect talks to stretch into late 2026, possibly delayed until after the U.S. midterm elections.
$CHZ
$TRX