Treasury Sec Lutnick sees 6% growth in Q1

US Treasury Secretary Howard Lutnick hit the newswires with an array of policy, trade, and economic outlook soundbites on Tuesday.

Key highlights

  • American demand is vast for AI chips, and we dont want to do anything to stand in their way.
  • Lutnick refuses to answer if the Trump administration would curb Chinese licenses to access US chip markets.
  • The US Dollar was manipulated higher over many years.
  • It's more natural for the US Dollar to be at its current level.
  • Foreigners used trade surpluses to buy our country.
  • I think Q4 GDP growth will be over 5%.
  • We could reasonably get over 6% growth in Q1.
  • We will see enormous manufacturing job growth this year.
  • Nvidia and China must adhere to H200 chip license terms.
  • We follow the lead of Trump and Rubio.
  • The US-China Relationship is complex and nuanced, Trump is leading it.

Silver Price Forecast: XAG/USD faces consolidation risk below $90 amid extreme volatility

Silver (XAG/USD) trades with a mild negative bias on Tuesday, as mild profit-taking emerges after the metal surged more than 8% on Monday.
Read more Previous

Gold price forecast: XAU/USD toys with $5,000 level on Tuesday

The daily chart for spot Gold shows a broad uptrend that is holding above both the 50-day Exponential Moving Average (EMA) at 4,637 and the 200-day EMA at 3,954, confirming the longer-term bullish structure.
Read more Next