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.
September 21 2022 🕓 2 min
China has 50 years of coal reserves
In pursuit of its energy security, China is increasingly producing energy from coal, of which it has plenty for now.
September 21 2022 🕓 3 min
Are we seeing a coal rush?
Buyers, mainly from Europe, are scrambling for shipments of thermal coal around the world. This opens up new import options.
September 20 2022 🕓 3 min
Gold traders await Fed’s decision of the year
This week's Fed rate decision could bring higher volatility. A possible 100 bps rate hike could spark a massive sell-off.
September 19 2022 🕓 2 min
China doubles its gasoline exports
China's gasoline exports rose nearly 100% year-on-year in August. Refineries took advantage of new export quotas.
September 18 2022 🕓 2 min
Europe can get Russian gas through Nord Stream 2
President Vladimir Putin says that Russia is not to blame for the energy crisis in Europe. Gas can once again flow through Nord Stream 2.
September 15 2022 🕓 2 min
US accelerates development for offshore wind expansion
The US wants to supply 5 million homes with floating offshore wind by 2035. The move is part of a plan to protect the climate.
September 15 2022 🕓 3 min
EC to limit revenues of electricity producers
The European Commission is proposing to limit the income of non-gas electricity producers, who have recently made large profits.
Audio article September 14 2022 🕓 3 min
Nuclear the new coal – US plans to transform its coal plants
Will the US be able to use the space of its coal-fired power plants to house nuclear reactors? Let's take a closer look at this topic.
September 13 2022 🕓 2 min
Gold gains due to weaker US Dollar
The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.
September 12 2022 🕓 2 min
Hungary rejects capping of Russian gas prices
According to Hungary, the move is contrary to their interests. It would lead to an immediate cutoff of Russian gas supplies.
September 11 2022 🕓 3 min
More help for Ukrainian grain exports?
The French transport minister said he would sign an agreement with Romania to help increase Ukrainian grain exports.
September 10 2022 🕓 2 min
Nigeria’s oil exports lowest since 1990
Weak exports reflect low production in the country. This is worsening due to underinvestment and theft from oil pipelines.