Metals News
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Kings of the NFL once more, the Kansas City Chiefs received more championship spoils. For the second time in as many years and third time over the past half-decade, the Chiefs received Super Bowl rings on Thursday night, this time in celebration of their Super Bowl LVIII triumph over the San Francisco 49ers. Super Bowl Most Valuable Player Patrick Mahomes, ...
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A giant state-owned Chinese commodities trader is nursing losses after a shipment of copper from Russia worth nearly $20 million went missing, reigniting fears over fraud in the often secretive market for buying and selling raw materials. Wuchan Zhongda Group Co., which had sales of 580 billion yuan ($80 billion) in 2023, bought 2,000 tons of refined copper ...
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A lot has happened to the economy since COVID struck, and reading the economic tea leaves has become more difficult. Many of the gains for many Australians in 2020 and 2021 were artificial and didn’t last. The COVID Supplement temporarily doubled JobSeeker, for example. JobKeeper paid workers what their employers could not. As these measures have been ...
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Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters its U.K. leg, suggesting that the Bank of England may not be out of the woods yet in its fight against inflation. As hundreds of thousands of dedicated Swifties flock to London in August to see the singing sensation during her final U.K. dates, the ...
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Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) grew 2.4% to $83.3 billion in April. Sales increased in five of the seven subsectors, led by the motor vehicle and motor vehicle parts and accessories subsector and the miscellaneous subsector. Wholesale sales were 3.4% higher in April compared ...
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Another day, another decline in junior mining stocks. The big decline appears to have re-started - congratulations on your patience. This is one of the virtues that pays particularly well on the markets, and I expect it be the case also this time – I’m expecting a huge payout. What’s happening in the miners at this time seems to confirm what I’ve been ...
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Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters its U.K. leg, suggesting that the Bank of England may not be out of the ...
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As we approach the halfway mark of 2024, I figured it’d be constructive to check in on the results of this year’s record-breaking elections. The numbers are particularly striking: ...
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Tens of thousands of protesters took to the streets across France Saturday to oppose Marine Le Pen’s far-right National Rally, which is predicted to finish first in the snap ...
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Today, as part of the Summit for Peace in Ukraine and her sixth meeting with Ukrainian President Volodymyr Zelenskyy, Vice President Kamala Harris is announcing that the United ...
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Another day, another decline in junior mining stocks. The big decline appears to have re-started - congratulations on your patience. This is one of the virtues that pays particularly well on the markets, and I expect it be the case also this time – I’m expecting a huge payout. What’s happening in the miners at this time seems to confirm what I’ve been ...
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Main scenario: consider short positions from corrections below the level of 2388.89 with a target of 2218.46 – 2161.56. Alternative scenario: breakout and consolidation above the level of 2388.89 will allow the pair to continue rising to the levels of 2500.00 – 2560.00 Analysis: the fifth wave of larger degree (5) is forming on the daily chart, with wave 3 ...
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In response to increasing investor demand for more cost-effective trading solutions, FP Markets, a global multi-asset Forex and CFD broker, has further reduced its spreads across various trading instruments. Christodoulos Psomas, Head of Risk at FP Markets, expressed his enthusiasm for the move and commented: ‘Through the continuous optimisation of our ...