Markets were mainly firmer this morning, Friday June 26, with the base metals up across the board and most Asian-Pacific equities indices showing gains, while gold prices were consolidating - all of which suggesting a slight risk-on sentiment.Pre-market major European equity index futures were up by around 0.7%, following gains in the United States on Thursday.Global trade dropped by 12.1% in Apri...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

The standard for lithium compounds used in battery applications should be set by battery manufacturers and original equipment manufacturers (OEMs) based on technological development rather than government authorities, lithium market experts Emily Hersh and Daniel Jimenez said in a Fastmarkets' lithium webinar on Tuesday June 23.Lithium compounds are a key ingredient in the manufacture of batteries...Read More

European and United States lithium technical and battery-grade prices held steady in the seven days to Thursday June 25, with the market watchful of the continued uncertainty surrounding the economic impact of the Covid-19 pandemic.Lithium extraction and export operations in Chile - a key producer of lithium compounds - have not been affected so far by the increasing number of Covid-19 cases in th...Read More

The price for flat-rolled steel imported into South American main destinations has edged downward week on week, with Chinese offers remaining steady, while material from other origins was presented at lower prices.Demand was recovering at a slower pace than expected after the restrictions imposed to prevent the Covid-19 pandemic from spreading, according to market participants.While some Peruvian...Read More

Prices in the Turkish domestic market for hot-dipped galvanized coil (HDG) and color-coated coil decreased in the week to Friday June 26, with demand moderate, sources have told Fastmarkets.And the export market was weak because of the high prices offered by Turkish mills.The reason for the fall in the domestic prices for coated flat steel was the decline in the price for hot-rolled coil, which is...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Depending on which market one looks at, prices of coated steels have either risen, fallen or remained roughly the same since mid-May. One crucial impact of the Covid-19 pandemic that has swept the world this year is the decoupling it appears to have created between global steel markets.In China, prices of most steel products...Read More

Domestic prices for steel rebar in Poland stabilized in the week to Friday June 26, after an increase the previous week, amid moderate buying activity, source told Fastmarkets.Trading activity in Poland's rebar market was supported by strong demand from the construction sector this week, sources said."Demand is a bit slower than last week, but still rather good. Construction is still performing we...Read More

The import price for pig iron in China was likely to have reached its peak during the week ended Friday June 26, causing a pause in price growth in the global market, Fastmarkets has heard."The Chinese market is quiet for holidays [on June 25-26], so it's better to wait and see how trade will go after the Dragon Boat Festival," one international trader said. "For the moment, it seems that prices h...Read More

The price of austenitic stainless steel scrap in the European domestic market moved slightly higher this week because of tight supply, despite low demand from mills and lower nickel costs, Fastmarkets heard on Friday June 26.Traders had by this week settled their terms with stainless steel mills for July, and in some cases had secured slightly lower nickel discounts - when traders sell to mills, t...Read More

The inter-merchant spot price for light iron scrap in the UK was unchanged in the week to Friday June 26, continuing the stability seen last week amid low-key but steady trading and little change in export prices, trade sources said.There was also some market expectation that monthly delivery settlement prices would be rolled over after the conclusion of negotiations due to start next week.Trade s...Read More

The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, was passed by Congress on March 27, 2020. The $2.2 trillion stimulus package provided relief for Americans and for businesses who were reeling from the effects of the coronavirus pandemic. The package included financial help in the form of stimulus checks of up to $1200 for eligible Americans. On May 15, 2020, the...Read More

Paul Craig Roberts explains why the left hates America and is trying to cancel it. You can find his recent articles over on https://www.paulcraigroberts.org/Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor a...Read More

Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More

Sprott Money News ? Sprott Money News Weekly Wrap-up - 6.26.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More

What's going in the country is emblematic of what's going on in our financial world. What's being told to us doesn't comport with what's going on in the world. Rob believes there's a shortage of gold and silver and yet the prices don't move. But when you try to purchase PPE (personal protective equipment). The price of disposable gowns has gone up from 50 cents to $50. And that's just one example....Read More

Gerald 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, rigid ideology or conventional wisdom,...Read More

HBO is censoring five South Park episodes that depict the Islamic prophet Muhammad.Continue...Read More

What will cause the central banks to lose control is the greatest wave of debt defaults in recorded history. On that score, the Fed just issued its Flow of Funds data for Q1, and itContinue...Read More

MacroVoices Erik Townsend and Patrick Ceresna welcome Harley Bassman to the show to discuss everything from the recession outlook to the coming shift from deflation to inflation, and what it means for fixed income markets & more.Harley's biography: http://www.convexitymaven.com/biography.htmlTopics:Impact of COVID19 on recession - was it the cause or catalyst?Perspective on declining population an...Read More