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  • Grade not King: Why low-grade copper won’t deter these ASX miners

    From stockhead.com.au

    Copper is about to change the world, again. Ever-present – yet benignly invisible to us – current demand comes in the form of not only our staple diets of electrification, lighting and communication (see: 20th century), but as a pillar of humanity’s current movement into our ‘green revolution’. Copper – once referred to as ‘fool’s gold’ because of its marriage with chalcopyrite – is no fool at all, and will remain a future stalwart commodity as we move into exponential production of batteries, electric vehicles and a plethora of other decarbonisation and electrification advances that require the ... (full story)

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    Gold treads water amid Fed uncertainty, copper extends rebound

    From investing.com|Jun 7, 2023

    Gold prices moved little on Wednesday as markets hunkered down ahead of an upcoming Federal Reserve meeting, while copper prices extended a rebound from six-month lows. The yellow ...

    Base Metals Diverged, Market Eyeing US Inflation Data before Upcoming Fed June Meeting

    From news.metal.com|Jun 6, 2023

    LME copper prices closed at $8,325/mt overnight, a drop of 0.04%. Trading volumes were 16,000 lots and open interest stood at 250,000 lots. The most active SHFE 2307 copper ...

    China’s May Trade Balance: Surplus shrinks as exports tumble

    From fxstreet.com|Jun 6, 2023|1 comment

    China's Trade Balance for May, in Chinese Yuan terms, came in at CNY452.33 billion versus CNY643.25 billion expected and CNY618.44 billion last. Exports fell 0.8% in the reported ...

    •   Newer Stories
    BoJ's Governor Ueda: It's too early to discuss specifics on disposing of ETFs

    From @financialjuice|Jun 7, 2023|2 comments

    post at 12:52am: BOJ'S GOVERNOR UEDA: IT'S TOO EARLY TO DISCUSS SPECIFICS ON DISPOSING OF ETFS. post at 12:53am: BOJ GOV UEDA: HOW EXIT FROM EASY POLICY COULD AFFECT BOJ'S FINANCES WILL DEPEND ON ECONOMIC, PRICE, FINANCIAL DEVELOPMENTS AT THE TIME #News #Markets #FINANCE #ECONOMIC #capitalhungry post at 12:57am: BOJ'S GOVERNOR UEDA: WOW EXIT FROM EASY POLICY COULD AFFECT THE BOJ'S FINANCES WILL DEPEND ON ECONOMIC, PRICE AND FINANCIAL DEVELOPMENTS AT THE TIME. post at 1:01am: BOJ'S GOVERNOR UEDA: WHEN ACHIEVEMENT OF PRICE TARGET IS ANTICIPATED, WE WILL DISCUSS SPECIFICS OF AN EXIT POLICY AND DISCLOSE INFORMATION AS NEEDED.

    Gold Price Forecast: XAU/USD faces a wall of resistance near $1,970 – Confluence Detector

    From fxstreet.com|Jun 7, 2023

    Gold Price (XAU/USD) lacks clear directions even as bulls have an upper hand for the second consecutive week. In doing so, the precious metal depicts the sluggish markets amid an ...

    Production in April 2023: +0.3% on the previous month

    From destatis.de|Jun 7, 2023

    According to provisional information from the Federal Statistical Office (Destatis), real (price-adjusted) production in the manufacturing sector rose by a seasonally and ...

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  • Posted: Jun 7, 2023 12:49am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 158
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