Metals News
- From nfl.com|Jun 14, 2024
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, ...
- From bnnbloomberg.ca|Jun 13, 2024
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 ...
- From theconversation.com|Jun 7, 2024
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 ...
- From nasdaq.com|10 hr ago
The year 2024 has delivered a remarkable surge in copper prices (HGN24), with the red metal reaching new highs, and posting an impressive 15% year-to-date gain as of mid-June. This price rally has outpaced even the notable year-to-date performance of gold, as supply disruptions - including recent mine closures, declining ore grades, and a ban on Russian ...
- From money.usnews.com|3 hr ago
Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting until December to do it. "We need to see more evidence to convince us that inflation is well on our way back down to 2%," Kashkari said in an interview with CBS' "Face the Nation" ...
- From goldpriceforecast.com|Jun 14, 2024|1 comment
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 ...
- From bnnbloomberg.ca|2 hr 32 min ago
In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the investment that flowed across borders since ...
- From usfunds.com|29 hr ago|5 comments
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: ...
- From channelnewsasia.com|1 hr 40 min ago
Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday (June 16) to celebrate a thaw in once-icy trade ties with Australia. The ...
- From money.usnews.com|3 hr ago
Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting until ...
- From goldpriceforecast.com|Jun 14, 2024|1 comment
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 ...
- From litefinance.org|Jun 14, 2024
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 ...
- From fpmarkets.com|Jun 11, 2024
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 ...