Tight copper market
Analysts see reasons for a very tight copper market over coming years. This is in part due to the way that copper is mined. The mining process is costly and demand for copper is set to only grow due to…
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Analysts see reasons for a very tight copper market over coming years. This is in part due to the way that copper is mined. The mining process is costly and demand for copper is set to only grow due to…
The UK FTSE has been battered lower over recent years by Brexit blues and over recent months by UK political instability. However, the appointment of Rishi Sunak has calmed market for now and a general election is unlikely to be…
The Federal Reserve meet tonight and the markets are weighing up what the Fed will do. A 50 bps rate hike is expected, but will they hike rates by 75bps? Headline inflation is surging, but will the Fed decide to…
Last Friday markets were shocked with the latest inflation print showing that inflation in the US was continuing to track even higher. Investors are now growing more and more concerned that inflation may be here to stay like it did…
Expectations are for the Fed to hike by 50bps at their meeting next week and then to signal another 50 bps hike. Jerome Powell has said that the neutral rates (at 2.4%) is the right level for rates by year…
Elon Musk is the charismatic CEO of Tesla and he has been sending out some mixed messages recently. Last Saturday Mr Musk tweeted that Tesla’s total workforce will increase over the next 12 months and the salaried levels would remain…
Apple has introduced its M2 silicon chip which has an 18% better performance than the previous M1 chip and it will be used in Mac computers. The new MacBook Pro will be $1299 and the new MacBook Air starts from…
Crude oil has gained to start the week as Saudi Arabia demonstrated its confidence in oil demand with a larger than expected price increase in Asia. Saudi Aramco increased its prices to Asia for July by raising its light crude…
During a recession investors often flock to sectors that are expected to perform well like those that sell consumer staples. When consumers sense a recession coming then they will cut back on discretionary spending in order to prioritise consumer staples.…
The ECB are due to meet this week on Thursday and the pressure is on the ECB to hike rates. Inflation data last week showed a headline print of 8.1% y/y over the 7.6% y/y expected which was at the…