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Forex Today: Gold, Silver, Copper Rise To Fresh Highs
Article By:
Adam Lemon
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Monday, May 20, 2024 7:06 AM EDT
Precious metals have risen strongly to new highs, although the past few hours have seen Gold and Silver give back some of their gains. Gold has reached a new record high at $2450 while Silver has reached a new 11-year high at $32.50.
The Commodities Feed: Metals Surge Higher
Article By:
ING Economics
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Monday, May 20, 2024 3:23 AM EDT
It’s all fun and games in metals markets as prices for several metals surge higher. In contrast, the oil market remains rangebound, awaiting news on OPEC+ output policy for the second half of 2024.
Eurozone Industrial Production Increases In March
Article By:
ING Economics
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Wednesday, May 15, 2024 7:38 AM EDT
The 0.6% month-on-month increase was strongly driven by a jump in the notoriously volatile Irish production figure. Production seems to be tentatively bottoming out at the moment, with a modest recovery expected in the second half of the year.
Tuesday Talk: Market Stays Steady
Article By:
David Marshall
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Tuesday, May 14, 2024 5:01 AM EDT
With turmoil in the Kremlin and no movement towards a ceasefire in the Middle East the market maintained a steady course on Monday, ahead of data dumps later in the week.
Biden Administration Bans Fossil Fuel Usage In Federal Buildings
Article By:
Robert Rapier
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Sunday, May 5, 2024 7:18 AM EDT
The U.S. Department of Energy has finalized a rule banning fossil fuels from new and renovated federal buildings. The law requires the phasing out of fossil fuel-generated energy consumption by 2030.
Market Fluctuates Amid Fed Decision And Mixed Corporate Earnings And Economic Signals
Article By:
The Private Banker
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Thursday, May 2, 2024 6:30 AM EDT
The U.S. stock markets exhibited mixed responses on Wednesday as investors navigated through a complex landscape of disappointing corporate earnings and a slew of economic data.
Xiaomi EV Plans To Launch International Market After Three Years
Article By:
EqualOcean
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Sunday, April 28, 2024 6:17 AM EDT
Since its release, the Xiaomi EV car has accumulated a total of about 75,600 orders locked, of which 5,700 vehicles have been successfully delivered.
Ripple Vs SEC Lawsuit Update: Here’s What To Expect Next Week
Article By:
Crypto Adventure
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Sunday, April 28, 2024 5:07 AM EDT
XRP has challenged the SEC’s request for substantial civil penalties. Ripple has countered the SEC’s demand for a hefty fine proposing a maximum penalty of $10 million. Ripple argues that the SEC’s allegations are baseless and lack adequate evidence.
In this article: XRP-X
It's Entirely Legal To Own "Thermonator"
Article By:
Tyler Durden
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Friday, April 26, 2024 11:00 PM EDT
For those curious, owning a flamethrower is broadly legal across the United States, with Maryland being the exception, as the state has effectively banned these devices. In California, flamethrowers are legal but require a permit.
The Bizarre Credit Suisse Banking Saga...And The Importance Of Bank Safety
Article By:
MoneyShow.com
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Friday, April 26, 2024 12:30 AM EDT
Complex bank regulatory news has emerged, oddly unreported by financial media. We'll outline the issue despite its complexity.
The Commodities Feed: Oil Risk Premium Eases
Article By:
ING Economics
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Wednesday, April 24, 2024 6:21 AM EDT
Crude oil traded little changed this morning as geopolitical risks continue to ease. Meanwhile, a constructive API report failed to lift sentiment.
Shipping Industry Pleads With UN For "Enhanced Military Presence" As Maritime Choke-Point Chaos Spreads
Article By:
Tyler Durden
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Sunday, April 21, 2024 7:14 AM EDT
One week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated.
Market Briefing For Wednesday, April 17
Article By:
Gene Inger
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Wednesday, April 17, 2024 4:19 AM EDT
It's still about Oil, so follow the money. There's concern of an attack on Iranian Oil loading facilities.
Israel is essentially 'saying' they're locked & loaded; may be bravado for now.
Market Briefing For Tuesday, April 16
Article By:
Gene Inger
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Tuesday, April 16, 2024 5:42 AM EDT
Economic factors excessively play into the calculus being assessed right now, both in Tel Aviv and in Washington, and mostly it involves money and oil.