Metals Update – 25 May
Industrial & Precious markets are watching key events coming out of the US, as Eurozone and Chinese weakening economic indicators act as a catalyst for an already dangerous turning point in the US economy. While fears of further rate hikes did act as a drag on Industrial Metals for the last few months, the added factor of the US Debt Ceiling has also become a significant event that could test Global Markets across all Asset Classes in the coming weeks.
Metals Update – 4 May
Russian gold has suffered from the reluctance of Western buyers, who have been avoiding it due to Moscow’s invasion of Ukraine. This shift has led sellers to seek out new buyers in different locations such as the United Arab Emirates, Hong Kong, and Turkey.
Metals Update – April 21 2023
Copper prices have taken a hit and are poised for a weekly decline, as fears of a possible American recession weigh on demand for the metal…
Metals Update – Feb 17 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – Feb 10 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – Feb 03 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – November 2022
Nickel Volatility Comeback. Nickel Prices fell as much as 12% in volatile and illiquid conditions…