LISBON, Oct 15 (Reuters) - European Central Bank Governing Council member Mario Centeno reiterated on Friday that the monetary authority still considered the current preoccupying rise in inflation a temporary phenomenon based on all the analyses at its disposal. "The analysis is done with the information we have today, next month we will certainly have more information," he told an event in Lisbon...Read More
Higher demand in key consumer markets led to a jump in steel scrap prices across all major markets in the week to Friday October 15, sources have told Fastmarkets.?EUR?Turkey import prices spike amid limited supply, firm demand?EUR?Further price increases expected in US export market?EUR?High prices dissuade Vietnam buyers from more deals?EUR?China scrap demand recovers amid less stringent power r...Read More
Carnivore Trades, Released on 10/15/21Become a Patron and receive exclusive swing trade alerts in real time, plus premium market commentary - https://www.patreon.com/carnivoretrades?>>?Weekend Analysis Videos Can Be Found at -https://www.youtube.com/channel/UC0iT...Follow Aaron Basile: Twitter: https://twitter.com/aaronbasileYouTube: https://www.youtube.com/user/aaronbasile/videosWebsite: https://...Read More
Trends Research, Released on 10/14/21Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, r...Read More
Rebel Capitalist, Released on 10/14/21George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at t...Read More
Dollar Collapse, Released on 10/14/21The mainstream media seems baffled by its sudden loss of both popularity and credibility. But it shouldn't be. All someone from CNN or MSNBC or Fox hasContinue... Rubino: Joe Rogan Shows How To Interview CNN added by Herman James on 10/14/2021View all posts by Herman James ?+'Read More
The Market Ticker, Released on 10/15/21All you have to do is get vaccinated before you get Covid-19.Continue... Karl Denninger: Want To Get Covid Many Times? added by Herman James on 10/15/2021View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 10/15/21Resistance is not futile. I have said before that once the police turn Continue... Martin Armstrong: Chicago Falls at Midnight added by Herman James on 10/15/2021View all posts by Herman James ?+'Read More
Bloomberg (via Yahoo Finance), Released on 10/14/21The Securities and Exchange Commission is finally ready to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a Continue... SEC is likely to allow the first U.S. Bitcoin futures ETF to begin trading next week, in what would be a watershed moment for crypto added by Herman James on 10/14/2021View all posts by Herman James...Read More
Liberty and Finance, Released on 10/14/21 (Recorded on 10/13/21)Metals expert David Morgan sees a shift happening now. He says moving into the end of the year, investors will move from the stocks and bonds to commodities including the metals. With increased demand, "I fully expect," David says, "we'll see a run to gold probably like we've never seen before."0:00 Intro1:20 Silver/gold update7:24 Sm...Read More
MILAN, Oct 15 (Reuters) - Italy's new ITA Airways aims to join an airlines alliance next year, the chairman of Alitalia's successor said on Friday.Alitalia, which operated its last flight on Thursday, was part of the SkyTeam alliance with Air France, KLM (AIRF.PA) and Delta (DAL.N). But ITA will have to negotiate a pact from scratch and could choose to team up with others, such as Lufthansa (L...Read More
Slab export prices from Brazil declined in the week to Friday October 15, with offers and bids consolidating at lower levels, but market participants expected prices to have reached a bottom with no further room to drop.Fastmarkets' weekly price assessment for steel slab export, fob main port Brazil was at $740-760 per tonne on Friday, down by $20 from $760-780 per tonne on October 8.Demand remain...Read More
MEXICO CITY, Oct 15 (Reuters) - President Andres Manuel Lopez Obrador will meet U.S. climate adviser John Kerry on Monday near Mexico's southern border with Guatemala, where the two men are expected to discuss a major tree planting program championed by the Mexican leader.Kerry will visit part of the reforestation project in the state of Tabasco, Lopez Obrador said on Friday. The Planting Life pro...Read More
Eastern China rebar prices lost upward momentum on Friday October 15 due to sellers' need to reduce inventories.DomesticEastern China (Shanghai): 5,770-5,800 yuan ($896-901) per tonne, unchangedNorthern China (Beijing) weekly assessment: 5,600-5,650 yuan per tonne, down by 200 yuan per tonneSellers expect prices will have little chance to rise in the remaining days of October, so...Read More
LONDON, Oct 15 (Reuters) - Shares rose on Friday, buoyed by stellar corporate earnings results, but strong oil prices and stalling car sales in Europe were a reminder of headwinds for the world economy.The STOXX (.STOXX) index of 600 European shares was up 0.2% at three-week highs. Britain's FTSE 100 (.FSTE) also gained 0.2%, the UK blue-chip index having recovered all ground lost since the co...Read More
The price of stainless steel in Europe was stable this week but mills were expected to try to push through increases because of higher energy costs, despite the fact that demand has slowed in recent weeks, Fastmarkets heard on Friday October 15.An Italian mill was said to be hoping to implement a ?,?20 ($23) per tonne energy surcharge in order to recoup some of its expenditure on rising energy cos...Read More
MILAN, Oct 15 (Reuters) - A former sub-contractor of Leonardo (LDOF.MI) did not sell components to Airbus (AIR.PA), the Italian defence group said on Friday.Shares of the Italian state-controlled conglomerate fell more than 7% on Thursday after Boeing (BA.N) said parts supplied by Leonardo sourced from the sub-contractor had been improperly manufactured.Leonardo said Manufacturing Processes S...Read More
SINGAPORE/NEW YORK, Oct 15 (Reuters) - Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country's fuel security, several sources said.At least five Chinese firms, including state major Sinopec Corp and China National Offshore Oil Company (C...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Cristina Belda,...Read More
LONDON, Oct 15 (Reuters) - Britain's Queen Elizabeth said she was irritated by world leaders who talk about climate change but do nothing to address global warming, and added it was still unclear who would turn up at the COP26 climate summit in Glasgow.The queen's rare public foray into big power climate politics came as worries grew that Chinese President Xi Jinping, leader of the world's largest...Read More