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Resilient Growth and Strategic Diplomacy Drive Markets
The week in the United States was marked by an intense economic, trade, and political agenda with global impact. On the diplomatic front, Washington and Canberra signed an $8.5 billion strategic agreement focused on the supply of critical minerals, especially rare earths, to reduce dependence on China in the technology and defense sectors. In addition, the White House confirmed that President Trump will meet with his Chinese counterpart Xi Jinping during the upcoming APEC sum
Ballestas Group
23 minutes ago1 min read
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Earnings Remain Strong as Policy and Trade Evolve
During the week, US markets were influenced by rising geopolitical tensions, fiscal uncertainty, and the initial progress of the corporate earnings season. However, the week closed with the main S&P and Nasdaq stock indices rising by 1.71% and 2.41%. President Donald Trump toughened his rhetoric toward China, warning of a possible "trade war" and threatening to impose 100% tariffs on Chinese exports starting November 1. However, in a subsequent interview, he described these t
Ballestas Group
Oct 201 min read
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McKinsey Global Energy Perspective 2025 Summary
McKinsey has released its Global Energy Perspective 2025 , and the central message is unmistakable: the world is not on track for 1. 5°C. Even under the most optimistic scenario, global warming is projected to reach 1.9°C by 2100 , meaning that current decarbonization commitments are not sufficient. The report stands as one of the most influential global energy forecasts—alongside the IEA’s World Energy Outlook  and BP’s Energy Outlook —providing a comprehensive view of deman
Ballestas Group
Oct 153 min read
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Gold Shines, AI Advances, and Central Banks Steady the Course
The week in the United States was dominated by renewed trade tensions, mixed signals on monetary policy, and growing political uncertainty due to the federal government shutdown. On the economic front, President Donald Trump threatened a "massive increase in tariffs" on Chinese imports in response to Beijing's plans to restrict rare earth exports and suggested he might cancel his upcoming meeting with President Xi Jinping. The statements reignited fears of a new trade war and
Ballestas Group
Oct 141 min read
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