Aluminium: Bauxite export cap threatens supply – Commerzbank
Commerzbank’s Thu Lan Nguyen argues that any relief from a potential reopening of the Strait of Hormuz for Aluminium will likely be short‑lived. Guinea, which supplies 40% of global bauxite,…
WTI declines as US-Iran deal hopes and Hormuz outlook weigh on Oil
West Texas Intermediate (WTI), the US crude Oil benchmark, falls some 2.49% on Friday, poised to end the week with losses of over 7.39%, amid growing speculation that the US…
WTI crude oil settles up 61 cents to $95.42 per barrel
WTI crude oil finished modestly higher today despite the ongoing exchange of fire between Iran and the USA. The market is waiting for the next steps in negotiations and whether…
India’s Gold romance persists: 11 straight months of ETF inflows and no sign of stopping
Indian investors continue to pile up their bets on Gold via Exchange Traded Funds (ETFs), contributing to the rebound in demand for the precious metal as spot prices stabilize after…
Brazil: IPCA shock complicates easing path – Wells Fargo
Wells Fargo Economics projects Brazil’s April IPCA inflation to rise 0.9% month-over-month and around 4.5% year-over-year, near or above the target band. Energy and food pressures are intensifying, while inflation…
Markets Weekly Outlook – Is the ‘Risk-On’ Rally Sustainable with Rates and Energy Elevated?
Equities maintain a “risk-on” rally, defying the market disconnect from elevated oil prices and rising interest rate expectations. The US market faces a pivotal week with the final Powell-led CPI…
Silver Price Analysis: Climbs above $80 as bulls eye weekly high
Silver (XAG/USD) price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar (USD) weakness and falling Oil prices. At…
Week Ahead – US Inflation Data Eyed Amid Iran Peace Hopes
Middle East headlines continue to dominate as hopes of deal grow. US CPI and retail sales data to fight for attention as Warsh takes office. UK Q1 GDP and BoJ…
Ethereum Wave Analysis – ActionForex
Ethereum: ⬇️ Sell Ethereum reversed from pivotal resistance level 2400.00 Likely to fall to support level 2200.00. Ethereum cryptocurrency recently reversed up from the resistance zone between the pivotal resistance…
Maryland lawmakers await answers after air base jet fuel spill
Maryland lawmakers await answers after air base jet fuel spill Source link
