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NEWS DESK

NY copper surges on 50% Trump tariff threat – Saxo Bank

High-grade copper futures in New York surged on Tuesday, reaching a fresh record high of USD 5.8955/lb, after President Trump, during a cabinet meeting, stated he was considering a 50% tariff on copper imports—well above the 25% anticipated by the market. The remark reignited tensions around the ongoing Section 232 investigation into copper, which for […]
Aviation BREAKING NEWS

US to lift ban on supersonic flight over land

Unlocking growth for Boom Supersonic The United States has announced it will lift its decades-old ban on supersonic commercial flights over land. This move could provide a major boost to American companies developing next-generation high-speed aircraft, including Boom Supersonic and Archer Aviation. An executive order signed by President Donald Trump on June 6, 2025,
NEWS DESK

Trump’s Middle East dealmaking blitz: What does it mean for investors? – Saxo Bank MENA

President Donald Trump’s May 2025 Middle East visit has unleashed a flurry of mega-deals, aimed at deepening U.S. trade ties, correcting trade imbalances, and reinforcing America’s leadership in defense and technology exports. From Boeing aircraft to Nvidia’s AI chips, the trip wasn’t just about diplomacy—it was a global sales pitch. And investors are taking notice. […]
NEWS DESK

Trump’s visit to the UAE – Saxo Bank

Ahead of President Trump’s upcoming visit to the UAE, our spokesperson, Hamza Dweik, Head of Trading (MENA) at Saxo Bank, has shared his thoughts on the anticipated developments and regional implications. “President Trump’s visit to the UAE marks a significant moment in the evolving geopolitical landscape of the Gulf region. This visit
Defence & Security

Trump addresses US Congress on military strengthening

Plus national security initiatives During his first address to a joint session of the US Congress on March 4, 2025, US President Donald J. Trump outlined the significant strides made in strengthening the US military and national security, focusing on recruitment, defence technology, and a revitalised approach to American industry. His remarks painted a picture […]
Business

World leaders outline bold visions for the future

At annual meeting 2025 in Davos Global leaders at the World Economic Forum Annual Meeting in Davos have unveiled ambitious plans and shared compelling visions for the world’s future. This year’s event, which brought together around 3,000 policymakers, business leaders, and activists, was marked by high-profile speeches, including one from US President Donald J.