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US President Trump: Looking at a 25% tariff for lumber and forest products

US President Donald Trump is making some repeated comments early Thursday as markets remain on a cautious footing.

Key quotes

Greenland is needed from a point of security.

Expect China's President Xi Jinping to visit.

Going to resurrect a critical mineral deal with Ukraine.

We can make a deal with Russia.

Speaking to China on Tiktok.

Would not consider buying a plane from Airbus.

 

RBA’s Hauser: Policy is still restrictive

Speaking to Bloomberg News on Thursday, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said the central bank’s “policy is still restrictive.” Additional quotes Hard to see bad news in the latest jobs data.
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USD/INR flat lines as investors await fresh catalysts

The Indian Rupee (INR) is holding steady on Thursday. Concerns over the impact of trade tariffs and Foreign Portfolio Investment (FPI) outflows could exert some selling pressure on the local currency.
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