Metals News
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Romania’s Mugur Isarescu, the world’s longest-serving central bank governor, is poised to be confirmed for a new five-year term as lawmakers seek a vote on the extension by the end of June. Isarescu took over the leadership of the National Bank of Romania in 1990, less than a year after the collapse of Nicolae Ceausescu’s communist regime, and has served ...
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A long-awaited expedition into an 18th-century shipwreck in the Caribbean Sea has reportedly begun. The government of Colombia launched the deep-water expedition of the San José shipwreck, which is rumored to contain cargo worth billions of dollars, last week. The galleon sank in 1708 en route to Cartagena, Colombia, after it was ambushed by an English ...
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If you have silver coins to sell, read this guide first. There are important things to know about selling silver coins, but it doesn't need to be daunting! These basics will make the process easy for you. The most important things to do before selling your coins are: • finding out how much your silver coins are worth • identifying what kind of coin(s) you ...
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post: FED'S DALY: **NEW TECHNOLOGIES OFTEN REALLOCATE LABOR, WITH A 'PAINFUL GAP' FOR SOME WORKERS **NO ONE KNOWS THE IMPACT OF GENERATIVE AI ON LABOR AND THE ECONOMY
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Copper climbed on Tuesday as the prospect of interest rate cuts, a weaker dollar and some strong data from China encouraged buying, but elevated stocks and rising production of the metal in the top consumer signalled ample supplies. Benchmark copper on the London Metal Exchange (LME) was up 1.1% at $10,435 a metric ton at 1030 GMT. The metal used to make ...
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Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.
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US consumer confidence unexpectedly rose in May for the first time in four months as views about business conditions and the labor market were less negative. The Conference ...
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US home prices reached a record high in March, reflecting the housing market’s persistent affordability crisis. The S&P CoreLogic Case-Shiller US National Home Price Index, a ...
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Federal Reserve Bank of Minneapolis President Neel Kashkari said the US central bank’s policy stance is restrictive, but policymakers haven’t entirely ruled out additional ...
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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' ...
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The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the ...
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post: FED'S KASHKARI: THE US LABOR MARKET HAS SOFTENED, BUT REMAINS TIGHT. post: FED'S KASHKARI: WAGE GROWTH IS STILL QUITE ROBUST RELATIVE TO THE 2% GOAL. post: FED'S KASHKARI: I DON'T THINK ANYONE HAS TAKEN RATE INCREASES OFF THE TABLE. post: FED'S KASHKARI: IF SURPRISED BY THE DATA, THE FED WILL DO WHAT WE NEED TO DO. post: FED'S KASHKARI: POLICY IS RESTRICTIVE BY MOST MEASURES, BUT NOT ALL.
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Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.
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Copper has been rallying like crazy in the past few months amid a pickup in global growth, Chinese stimulus measures and concerns over tightness in global mine supply. Unfortunately, as it’s often the case, the rally attracted the momentum players and the price got overstretched leading to an aggressive selloff without a clear catalyst. All else being ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...