Metals News
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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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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, ...
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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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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 highest ranking Chinese official to visit Australia in seven years, Li's four-day trip offers the prospect of greater trade after Beijing lifted punitive measures against a string ...
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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 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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European Central Bank policymakers have no plan to discuss emergency purchases of French bonds and still think it is for French politicians to reassure investors spooked by the ...
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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 ...