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Wed, Sep 30, 2020 04:03 PM All times are UTC Edition :

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Metal Supply & Demand Series

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With the increasing macro-economic exposures globally, trading precious metals involves a systematic study of higher beta and mitigation approach. In this exclusive series, we simplify the complexities of strategic decisions in metal investments and trading for enhanced risk-adjusted returns, while other asset classes are increasingly volatile.

Metal Supply & Demand Series

FxWirePro: Copper resumes upside after brief pause at 110-EMA, eyes 2.535 (61.8% Fib)

Jun 05, 2020 05:40 am UTC| Technicals Investing

Copper has resumed upside after a brief pause as the pair holds above 110-EMA. The pair was trading 0.58% higher on the day at 2.499 at around 05:30 GMT. Price action has held above 110-EMA support and bounce higher...

Metal Supply & Demand Series

S. Korea to Hasten Infra Projects, Infuse 400-B Won to Help Steel Sector

May 18, 2020 09:18 am UTC| Economy

South Korea will cushion the steel industrys fallout caused by weak demand by fast-tracking infrastructure projects and spending over 400 billion won on research and development. According to Industry Minister Sung...

Metal Supply & Demand Series

China challenges US findings on its Aluminium foil subsidies

Aug 10, 2017 12:14 pm UTC| Commentary Economy

A prove by US department of commerce has published its initial findings that Chinese Aluminium foil producers receive subsidies in the range of 16.56 to 80.97 per cent. According to the report, the U.S. customs and broader...

Metal Supply & Demand Series

China’s commodity imports record strong growth in February, likely to improve further

Mar 08, 2017 10:36 am UTC| Commentary Economy

Chinas imports of commodities recorded relatively strong growth in February, although the Chinese New Year holidays saw levels drop from January. On a YTD (Jan-Feb) basis, all commodities bar copper recorded strong...

Metal Supply & Demand Series

China’s commodities imports grow strongly in January, likely to be slightly lower in February

Feb 13, 2017 06:29 am UTC| Commentary

Chinas commodities imports grew relatively strong in January as consumers restocked before the Chinese Lunar New Year holidays, noted ANZ in a research report. Given a surprisingly solid level of imports recorded in the...

Metal Supply & Demand Series

Metal supply/demand Series: Copper mine strike to continue in Chile

Feb 01, 2017 07:40 am UTC| Commentary

The red metal, which is better known as an industrial barometer rose last night after it became clear that the workers at Chiles Escondida mine operated by BHP Billiton rejected the management offer and decided to continue...

Metal Supply & Demand Series

Net reduction in copper contracts seen for 1st time in 8 weeks - CFTC

Dec 27, 2016 15:52 pm UTC| Commentary

According to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday, hedge funds and money managers slashed their net positions in copper futures for the first...

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Economy

S. Korea expected to post positive export numbers for September

South Korea is expected to report its first positive export result in September since the coronavirus outbreak, says Industry Minister Sung Yun-mo. The country will release the official monthly export data report on...

Afghanistan inks $160 million solar and wind power deal with US, Turkey, India.

Afghanistan signed a $160 million solar photovoltaic and wind power project deal with the US Agency for International Development (USAID), Turkey, and India that will bolster its grid by 110 megawatts in the next 16...

UAE, Israel eye energy, infrastructure cooperation

The energy ministers of the UAE and Israel explored possible investment opportunities in energy, infrastructure, oil, gas, and renewable energy in a video call on Wednesday. The two countries also focused on advanced...

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Politics

World War 3 Shock: US readies nuclear arms amidst ongoing talks of nuclear arms treaty extension with Russia

The nuclear arms treaty that the United States has with Russia is set to expire in 2021, and with the tensions between the two countries, any further escalations could lead to an all-out conflict or world war 3. But fears...

Joe Biden Nomination: UK Labor MP Chris Bryant nominates former VP for Nobel Peace Prize

Joe Biden faces off with Donald Trump in the first of three presidential debates, which could help him maintain his steady lead in the public opinion polls in several swing states. Along with his opponent, Biden has also...

Donald Trump announcement: POTUS reveals plan to distribute 150 million rapid COVID-19 tests

The United States is still struggling with the ongoing COVID-19 pandemic with millions infected and over 200,000 Americans dead from the disease. This week, Donald Trump announced his administrations plan of distributing...

Ivanka Trump, Donald Trump could face imprisonment, says former Watergate prosecutor

White House adviser Ivanka Trump was among the names dropped in the New York Times piece that revealed her father Donald Trumps financial records. Nick Akerman, who served as a prosecutor during the Watergate proceedings,...

Melania Trump, Jill Biden meet for the first time at first presidential debate

First lady Melania Trump often keeps a low profile when it comes to her husband Donald Trumps campaigning for reelection, having only made her case for him at the Republican National Convention. With Donald Trump facing...

Science

Mars mission discovery: Bodies of water found under the surface of Red Planet's south pole

It has long been believed that Mars once had bodies of liquid water long ago before it became the dry desert that we know today. As agencies like NASA prepare for an upcoming Mars mission, the European Space Agency or ESA...

Asteroid alert: Rock similar to Chelyabinsk meteor to pass by Earth today

There is a very minute chance of an asteroid posing a threat to Earth, especially in recent years. One asteroid is set to make its approach to Earth today but will not pose a threat to the planet. Known as 2020 SV5, the...

NASA: Chandra X-Ray Observatory turns images of Milky Way galaxy into sound

Astronauts and scientists are the only ones who have been able to hear the sounds of space and the universe. Now, everyone can be able to hear what the Milky Way sounds like thanks to NASAs Chandra X-Ray...

Aliens: ROCOSMOS astronaut claims first meeting will intelligent extraterrestrial life forms would be diplomatic

Even as space agencies are looking for signs of life in the form of microbes, there may still lie the possibility of meeting actual extraterrestrials or intelligent beings outside Earth. In case the latter happens, a...

NASA releases image of the universe taken by the Hubble Space Telescope

We have long known that the universe is massive, larger than we could ever imagine. However, it does pose the question as to how big it actually is, and NASA has released a photo capturing the universe we live in in its...

Technology

Motorola Razr 2020 arrives on Oct. 2 with up to $700 discount on T-Mobile

The Motorola Razr 2020 is almost here, and T-Mobile appears to have one of the best offers that could get its customers up to 50% discount. It is also worth noting that the upcoming smartphone will have a number of specs...

‘Cyberpunk 2077’ last phase of development sends CD Projekt Red in a crunch

CD Projekt Red has maintained that Cyberpunk 2077 will remain in its current release date set in November. With just more than a month left, however, a report emerged claiming the studio has required its developers to work...

iOS 14.2 beta 2 code hints at iPhone 12 boxes not having free EarPods

A recent update on the iOS 14 has reportedly contained codes that seem to correspond with an earlier about the iPhone 12. The codes in question dropped a crucial word and now suggests the new smartphones will be shipped...

‘Mass Effect: Legendary Edition’ is delayed to ‘early 2021’

The Mass Effect trilogy in its remastered state has been on top of the wish list of its avid fans for years. Unfortunately, they will need more patience as the Mass Effect: Legendary Edition is now reportedly scheduled for...

‘Final Fantasy 16’ gets provisional M age rating

More information is being released since Final Fantasy 16 was announced during the PlayStation 5 event earlier this month. One of them includes its age rating that indicates the titles content, visuals, and gameplay are...