Nothing will see this country spiral into complete disarray like a lack of food. Alarmingly, scientists have already said that the global food supply system is broken...Read full newsRead More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In June 2018, Highland Gold Mining LimitedRead More...Read full newsRead More
Gold prices have been getting out of the doldrums after a few tepid years, as global uncertainty helps boost demand for the precious metal. For more on this and why he thinks gold could head towards US$1,350 an ounce, BNN Bloomberg's Andrew McCreath spoke with Andrew Kaip, co-head of mining research at BMO Capital Markets.Read full newsRead More
Gold prices have been getting out of the doldrums after a few tepid years, as global uncertainty helps boost demand for the precious metal. For more on this and why he thinks gold could head towards US$1,350 an ounce, BNN Bloomberg's Andrew McCreath spoke with Andrew Kaip, co-head of mining research at BMO Capital Markets.Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Friday amid pessimism over trade negotiations between the U.S. and China.Mattel Inc. (MAT) jumped 23% after the toymaker's fourth-quarter adjusted earnings and revenue beat analysts' expectations.Rival Hasbro Inc. (HAS) fell 0.95% after it reported weaker-than-expected fourth-qua...Read More
Aluminium foundry premiums in Europe were under pressure this month from weak demand and the removal of US sanctions against Russian producer UC Rusal, but the premium in the United States remained firm. The premium in Eastern Europe for silicon 7 aluminium wheels on a delivered-duty-paid basis dropped 5% to its lowest level since monthly assessments began in 2017. Fastmarkets assessed the Eastern...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Friday February 8, hampered by low liquidity conditions due to Lunar New Year national holidays while dollar strength and broad risk-aversion continues to limit commodity investment.Nickel's three-month price was the biggest decline over the day, falling over 3% to close just above $12,500 per tonne and do...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Aluminium producer UC Rusal's profits from aluminium sales in the fourth quarter of 2018 were down by 16% year on year because the company was operating under trading sanctions imposed by the United States, according to an earnings statement published on Friday February 8. Rusal's aluminium production in October-December totaled 943,000 tonnes, up by 0.4% quarter on quarter. Smelters in Siberia co...Read More
Adam HamiltonArchivesFeb 08, 2019 Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself power...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets.Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse Rotterdam basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-warehouse, $ per lb Click here for...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Global scrap prices were likely to show further increases because of surges in iron ore prices, Fastmarkets heard during the week ended Friday February 8.Integrated steelmakers were expected to raise their offer prices for downstream steel products due to the increased costs of iron ore and pellets. They were also expected to be able to digest higher ferrous scrap prices to secure more steelmaking...Read More
European alloy steel scrap prices continued their upward trajectory this week on the back of further gains in the nickel market. Having fallen throughout the second half of 2018, nickel prices have risen largely unchecked since the turn of the year. This, in turn, has pulled up austenitic alloy scrap prices, with nickel being the primary alloy component in these grades of stainless steel. In...Read More
The Friday Market Minute Global stocks retreat for a third session amid concerns over world economic growth and news that U.S. China trade talks may not reach a consensus before their March 2 deadline.President Donald Trump tells reporters he won't be meeting with China leader Xi Jinping this month, casting doubt on trade talk progress ahead of key meetings next week in Beijing.European stocks d...Read More
The price of shredded ferrous scrap imported into India rose for the third consecutive week, mirroring the uptick in Turkish scrap prices, market participants said on Friday February 8.Fastmarkets MB's weekly index for containerized imports of shredded scrap into India was $342.67 per tonne cfr on February 8, up by $14.26 per from $328.41 per tonne cfr Nhava Sheva on February 1.Deals heard for shr...Read More
The Comex copper price softened during US morning trading on Friday February 8 with trading volumes reduced due to Lunar New Year. The copper price for March settlement on the Comex division of the New York Mercantile Exchange dipped 0.45 cents to $2.8240 per lb. Yet the copper price has experienced short-covering so far this year, according to Fastmarkets MB research."While investors were ex...Read More
Comex copper prices rallied for the third straight session on Thursday February 7 with the market growing more optimistic on the red metal's prospects through the first quarter. The copper price for March settlement on the Comex division of the New York Mercantile Exchange gained 1.05 cents to $2.8470 per lb. Market activity remains stunted with Chinese participants sidelined due to the Lunar New...Read More