Commodities | Financial News Hub

China struggles to rein in steel production

April 14, 2021 by

Covid has frustrated Beijing’s plans to redirect economy towards greener sources of growth [Read More...]

IEA lifts oil demand forecast as outlook turns ‘decidedly’ brighter

April 14, 2021 by

Paris-based agency still has ‘lingering concerns’ over strength of recovery [Read More...]

Central bank and consumer buying in India and China arrest gold’s slide

April 14, 2021 by

Prices steady as new sources of demand offset exchange traded fund outflows [Read More...]

If China demands less steel, Australian exporters will suffer

April 13, 2021 by

Rising commodity prices might help but relying on Chinese imports of iron ore looks unwise [Read More...]

Biden’s $16bn hole-filling project

April 13, 2021 by

Plus: following the oil price recovery, US carbon emissions closely track virus outbreaks and more [Read More...]

Biden oil clean-up plan slammed as bailout for fossil fuels

April 13, 2021 by

Critics say $16bn provision in infrastructure package spurs drillers to shirk obligations [Read More...]

A carbon registry leaves polluters with nowhere left to hide

April 12, 2021 by

Fossil-fuel producers’ lack of transparency is hampering our chances of halting global warming [Read More...]

Jewellery industry makes slow progress on responsible supply chains

April 11, 2021 by

Activists remain concerned with human rights and environmental issues as part of the mining process [Read More...]

UAE’s Taqa seeks to shine with solar energy push

April 11, 2021 by

State-owned utility introduces sustainability goals as part of the emirates’ drive to wean itself away from oil [Read More...]

Bullish Turn for Banks, Gold; NDX to Cash

April 10, 2021 by

Three signals take effect on this week’s open of trading based on the latest Commitments of Traders data:- bullish for the BKX U.S. Bank Index and gold- cash for the Nasdaq-100 indexVery sorry for my late update this week! See my latest signals table for more details on trader positioning as reported in the free weekly COT reports from the CFTC.Good luck this week. [Read More...]

Consumer resistance melts away as recycled gold gains ground

April 10, 2021 by

Rising demand from younger buyers is driving ethical jewellery making [Read More...]

Smart Money Bullish on SPX Amid Quiet COT Data

April 10, 2021 by

No new signals from the latest Commitments of Traders report Friday afternoon. Traders are relatively quiet, according to the CFTC’s free weekly COT data.Minor development: “Smart money” S&P 500 commercial hedgers have been building their net futures and options positioning as a portion of total open interest.They’re now 1.7 standard deviations above the moving average of recent data. That signal has been bullish since June 16.See my latest signals table for more details on how traders are positioned in the 10 markets I trade using the COT reports. Good luck this week. ? ???? ????????????, ???????. [Read More...]

Greensill collapse tests Yorkshire steel town’s mettle

April 10, 2021 by

UK jobs under threat as demise of Sanjeev Gupta’s lender exposes his business [Read More...]

Saudi Aramco raises $12.4bn from oil pipeline deal

April 10, 2021 by

Consortium of investors led by Washington-based group buys 49% stake in newly formed venture [Read More...]

Nasdaq-100 Bearish, Cash for Gold, Crude Oil

April 9, 2021 by

Three signals take effect on this morning’s open of trading based on the latest Commitments of Traders data:- bearish for the Nasdaq-100- cash for gold and crude oilAll other signals remain the same as last week. See my latest signals table for the details.Good luck this week. [Read More...]

Bullion Bullish, Banks to Cash: COT Data

April 9, 2021 by

Just two new signals taking effect on this week’s open of trading based on the latest Commitments of Traders data:- cash for the BKX U.S. Bank Index- bullish for goldSee my latest signals table for more details on how traders are positioning trillions of dollars in 200-plus markets according to the free weekly COT reports issued by the U.S. Commodity Futures Trading Commission.Good luck this week. [Read More...]

Johnson Matthey rides out pandemic in better shape than expected

April 9, 2021 by

UK industrial group gains from recovery in China’s auto market [Read More...]

Natural Gas Bearish

April 8, 2021 by

One new signal takes effect on this week’s open of trading based on the latest Commitments of Traders data: bearish for natural gas.All other signals remain the same in my trading system based on the free weekly COT data from the U.S. Commodity Futures Trading Commission.See my latest signals table for details on how traders are positioned in the 10 markets I follow with these nifty reports.Good luck this week. [Read More...]