Metals News
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Deutsche Bank AG, London Branch has filed a Complaint against Finepoint Capital LP, Warbler Run I, LLC, and Warbler Run II, LLC. The document, seen by FX News Group, was submitted on June 14, 2024, at the New York Southern District Court. This is an action for breach of contract and breach of the implied covenant of good faith and fair dealing. The parties ...
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Nearly 1,000 cultural relics have been recovered from shipwrecks dating back to the Ming Dynasty — from 1368-1644 — including porcelain and pottery, copper coins, and deer antlers, China’s National Cultural Heritage Administration (NCHA) said in a release Thursday. The underwater excavation of the shipwrecks began last year and shows that people from the ...
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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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Large speculators increased short exposure to EUR/USD futures by 19% (22.9k contracts) and trimmed longs by 0.7% (-53 contracts). • Large speculators reached a record level of net-short exposure to CAD futures to strongly suggest a sentiment extreme could be near. • Net-long exposure to GBP/USD increased for a third week, to their most bullish level in ...
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The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 3.6% in April from the previous month on a seasonally adjusted basis. Private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, decreased a seasonally adjusted by 2.9% in April. table
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How many legs does gold have left in its current rally? What about silver? And can copper staunch the losses as more metal than the market can handle ends up in LME and Shanghai Metals Market stockpiles? While oil recovered last week, its outlook is hazy. Even though iron ore edged higher late last week, it still ended the week down compared to the previous ...
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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 ...
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Australia’s central bank will likely hold its key interest rate at a 12-year high on Tuesday as it tries to restrain consumer prices that have been underpinned by an ultra-tight ...
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Large speculators increased short exposure to EUR/USD futures by 19% (22.9k contracts) and trimmed longs by 0.7% (-53 contracts). • Large speculators reached a record level of ...
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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 ...
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In May, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly ...
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The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 3.6% in April from the previous month on a seasonally adjusted basis. ...
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The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets. Crude oil prices retraced from two-week highs as investors ...
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Silver prices ended the week slightly higher as investor optimism for a Federal Reserve rate cut clashed with the central bank’s cautious stance. The unexpected decline in US producer prices weakened inflation data, sparking investor hopes for swift monetary easing. This expectation initially boosted demand for silver, a non-interest-bearing asset known for ...
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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 ...