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EnergizedOn the back of increasing Chinese covid cases and lockdowns, base metal prices were all down -2-3% on Monday night, iron ore was down -1.5%, and gold was also lower. Yesterday the materials...
DXY softened last night: AUD firmed:All of the usual followed with EM (NYSE:EEM), junk (NYSE:HYG)and commods up:But curve inversion got deeper again in the US:Stocks are trading on DXY...
Home Depot (NYSE:HD) rose yesterday by 1.15% to a three-month high. The Dow Jones, where the stock is listed, declined 0.13% despite the fact the home improvement retailer accounts for 6.2% of the...
The FTX saga and Sam Bankman-Fried's illegal and extremely unethical actions capture much of the financial press’s attention right now. For good reason. The real-life story has echoes of...
OPEC+ seems headed for output cut on Dec. 4 Top oil importer China COVID problem as troubling as 2020 Oil market finding it hard to decide which is bigger issue With less than two weeks before its...
S&P 500The S&P 500 finished down yesterday by around 40 bps, which was not a massive move by any means. The S&P 500 futures show the index is still within the boundaries of the diamond...
DXY returned with a bang last night: AUD was crushed by the returning king:Oil is a rumourtage nightmare:Base metals have declared the China reopening off:Big miners (ASX:RIO) are clinging to...
Along with peers, JD stock has rebounded sharply from last month’s lows. The gains make some sense, given strong earnings and an attractive valuation. Country risks are obvious; however,...