March 24 2023 🕓 3 min
Is copper on track for a massive rally?
Many significant investors expect copper prices to jump notably. What is this assumption currently based on?
Market Movers
March 24 2023
Nasdaq to offer crypto services in Q2
Nasdaq is about to launch crypto custody services in the second quarter of this year. Nasdaq is reportedly moving forward to get all the necessary technical setup and regulatory approvals ready.
March 24 2023
The EU stock market in red due to banks
The European stock market was brought down by the banking sector. DAX fell 2% due to ongoing fears that another bank will crash. Deutsche Bank is down 15%, while UBS along with Credit Suisse both lost around 6%. Other notable industry players like BNP Paribas and Commerzbank suffered losses as well.
March 24 2023
Bitcoin reportedly entered a supercycle
Bitcoin appears to be entering a new bullish “supercycle,” according to Bloomberg senior analyst Mike McGlone. He claims Bitcoin is the best-performing asset in 2023, increasing its price “nearly 10 times” as much as gold.
October 7 2022 🕓 3 min
Will gas make Russia and Pakistan allies?
Recently, there has been a lot of discussion about what allies Russia has after invading Ukraine, when Europe and the US turned away from it.
October 5 2022 🕓 2 min
Azerbaijan urges to increase gas pipeline capacity to Europe
Azerbaijan has begun talks with partners to double the capacity of its gas pipelines to Europe. Could this be a lifeline for Europe?
October 3 2022 🕓 2 min
Gold sparks to $1700 – what happened?
The weaker US manufacturing index negatively impacts the US dollar and helps gold reach the level of $1700.
October 2 2022 🕓 3 min
A closer look at commodity extraction by fracking
Fracking is a method of gas extraction that has made the US in particular profitable over the last decade. In contrast, many countries in Europe have banned it.
October 1 2022 🕓 2 min
OPEC has significantly increased its oil production
OPEC increased its September oil production to the highest level since 2020. Yet it failed to meet its quota.
September 29 2022 🕓 3 min
The US imposes new sanctions on Iran oil
The sanctions affected companies involved in the petrochemical and oil trade, including companies based in China.
Audio article September 29 2022 🕓 3 min
UK records highest food inflation in history
Food prices are rising globally along with energy prices. The UK is now seeing the highest rate of inflation in this category.
Audio article September 28 2022 🕓 3 min
Severe explosions damage Nord Stream pipelines
Swedish and Danish gauging stations massive underwater explosions where the Nord Stream pipeline subsequently started leaking gas.
September 27 2022 🕓 2 min
Higher interest rates hurt crude oil
The current trend in monetary policy decision-making hurts commodities denominated in the US Dollar. Crude oil dives under support level.
September 27 2022 🕓 2 min
U.S. fuel exports broke records
Exports of petroleum products from the United States in the first half of 2022 grew at the fastest pace in the last 5 years.
September 25 2022 🕓 2 min
Poland has enough gas and coal for the winter
Poland has secured supplies of natural gas and coal for the upcoming winter heating season. It managed to do so without Russian supplies.
September 24 2022 🕓 2 min
Russia will harvest 100 million tonnes of wheat
Russia's wheat harvest may reach a historic level of 100 million tonnes this year, but not all of it will be exported.