OPEC+ Decided Cutting Production by 2M BPD
According to Treasury Department data released earlier today, the U.S. national debt surpassed $31 trillion for the first time in history.
October 5, 2022
1070
Commodities
U.S. equities are on track to suffer their steepest annual decline since the financial crisis in 2008, with only 3 trading days remaining to complete the lackluster 2022.
December 28, 2022
1333
1070
Rebound in Oil Prices and Shares of Energy Companies Lead Gains
U.S. markets had a powerful start to the new month and quarter, as downward correction in yields and U.S. dollar boosted demand for riskier securities.
October 4, 2022
1062
U.S. GDP Declined Less than Expected for the Quarter
U.S. stock futures traded higher in early pre-market trade on Thursday ahead of the three-day Jackson Hole economic symposium, with Federal Reserve chief Jerome Powell scheduled to speak on Friday.
August 25, 2022
1733
The Third Coming of Copper Looks Underway
Green technologies are further transforming demand for specific commodities.
August 4, 2022
1312
Wheat Prices Poised to Rebound Again on Seasonal and Exogenous Factors
Wheat prices sharply declined in recent weeks being impacted by ongoing news and overall market’s volatile macro environment due to the Fed actions, but not fundamentals, which remain highly supportive for future massive recovery.
August 2, 2022
1538
Gold Rebounded to Close Higher after ECB Hiked Rates More than Expected, but Overall Sentiment Remains Lukewarm
Gold futures reversed from earlier losses to finish Thursday at their highest price in more than a week, after the European Central Bank raised interest rates by more than expected, which capped gains in the U.S. dollar.
July 22, 2022
1342
Uranium: Prerequisite and Good Momentum for New Uptrend?
The U.S. Government is pushing Congress to support a US$4.3 billion plan to reduce the nation’s reliance on enriched uranium imports by promoting direct purchases from domestic producers.
July 6, 2022
1644
As Global Food Prices Soaring, Rice Could be Next in Line
Food prices have been on the rise in the past few months, and export bans have followed.
June 15, 2022
1383
Lumber Futures Fall to Nine-Month Low as Housing Market Dries Up
Chicago lumber futures (LB1:COM) fell as low as $568.40 per thousand cardboard feet to the lowest level since September, as higher interest rates and soaring home prices begin to take a toll on home sales.
June 9, 2022
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