Metals News
- From nfl.com|16 hr ago
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 bnnbloomberg.ca|11 hr ago
Tesla Inc. investors agreed to Elon Musk’s $56 billion pay package on Thursday, but declined to agree to a moratorium on sourcing electric vehicle battery metals from deep sea ecosystems. Activist investors had pushed the carmaker to join other industry leaders in considering the impacts of deep sea mining at its annual shareholder meeting. As You Sow — a ...
- From statcan.gc.ca|17 hr ago
Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) grew 2.4% to $83.3 billion in April. Sales increased in five of the seven subsectors, led by the motor vehicle and motor vehicle parts and accessories subsector and the miscellaneous subsector. Wholesale sales were 3.4% higher in April compared ...
- From goldpriceforecast.com|14 hr ago
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 podcasts.apple.com|9 hr ago
podcast A big macro week is behind us: the combination of CPI and PPI releases provide us with solid information on where the disinflation trend stands. Alf and Brent also ...
- From youtube.com/cmegroup|9 hr ago
Gold has recovered from last week's lows to finish up over 1%. Bob Iaccino has more.
- From etftrends.com|10 hr ago
Market physics would eventually weigh down on gold as the precious metal has been unexpectedly rallying for much of the year. Despite prices heading lower, the start of summer ...
- From forexlive.com|15 hr ago|5 comments
The June 2024 UMich June preliminary consumer sentiment reading • Prior was 67.4 • Current conditions 62.5 vs 68.8 prior • Expectations 67.6 vs 66.5 prior • 1-year inflation 3.3% ...
- From goldpriceforecast.com|14 hr ago
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|15 hr ago
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 ...