Metals News
-
North Korea is literally sending sh*t ballons across the border into South Korea. Hundreds of balloons were spotted Wednesday drifting into South Korean territory, some of them with the word "excrement" written on them. This is because the balloons were loaded with feces and other rubbish as they drifted over the heavily fortified border. Seoul released ...
-
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 ...
-
Global central banks held more than 36,699 metric tons (MT) of gold in their reserves as of year-end 2023. Most of that supply has been amassed since 2010, when central bankers commenced a gold-buying spree. Central banks were net sellers of gold before that time, selling roughly 4,426 MT of gold between 2000 and 2009. But for nearly a decade and a half now ...
-
North Korea is literally sending sh*t ballons across the border into South Korea. Hundreds of balloons were spotted Wednesday drifting into South Korean territory, some of them with the word "excrement" written on them. This is because the balloons were loaded with feces and other rubbish as they drifted over the heavily fortified border. Seoul released ...
-
post: #GERMANY 'S HESSE MAY CONSUMER PRICES RISE 1.9% Y/Y - BBG *GERMANY'S SAXONY MAY CONSUMER PRICES RISE 3.1% Y/Y *GERMANY'S NRW MAY CPI RISES 2.5% Y/Y *GERMANY'S BAVARIA MAY CPI RISES 2.7% Y/Y *GERMANY'S BRANDENBURG MAY CPI RISES 2.9% Y/Y
-
Commodities have been on the rise this year, which is a serious threat to central banks looking to cut interest rates. If commodities are higher, it is only a matter of time before they get passed along the supply chain to the consumer. And that means odds of a second round of inflation are increasing. Today I’ll focus on metals, as it appears they have ...
-
The most interesting debate going on these days is about consumer sentiment. The US economy has outperformed expectations by most metrics. The stock market is booming, real GDP is ...
-
Housing has been a frustrating segment of the economy to analyze, both since the pandemic first erupted and the Federal Reserve embarked on an aggressive rate-hiking cycle two ...
-
Australia’s April inflation came in hot. • The RBA is likely to delay rate cuts and maintain a tightening bias. • However, rate hikes are unlikely to be back on the table. • ...
-
post: #GERMANY 'S HESSE MAY CONSUMER PRICES RISE 1.9% Y/Y - BBG *GERMANY'S SAXONY MAY CONSUMER PRICES RISE 3.1% Y/Y *GERMANY'S NRW MAY CPI RISES 2.5% Y/Y *GERMANY'S BAVARIA MAY CPI RISES 2.7% Y/Y *GERMANY'S BRANDENBURG MAY CPI RISES 2.9% Y/Y
-
The inflation rate in Germany is expected to be +2.4% in May 2024. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a ...
-
The monthly CPI indicator rose 3.6% in the 12 months to April. The most significant price rises were Housing (+4.9%), Food and non-alcoholic beverages (+3.8%), Alcohol and tobacco ...
-
Commodities have been on the rise this year, which is a serious threat to central banks looking to cut interest rates. If commodities are higher, it is only a matter of time before they get passed along the supply chain to the consumer. And that means odds of a second round of inflation are increasing. Today I’ll focus on metals, as it appears they have ...
-
Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.
-
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 ...