Tag: china

Copper enjoys strong rebound after China news

Copper enjoys strong rebound after China news

The price of copper increased by the most in a single month since April 2021. A new copper treating process may bring new inventory.
Silver is another victim of protests in China

Silver is another victim of protests in China

The start of the new week was not the best for precious metals. Silver's volatility is above 3,5%. Covid protests in China bring uncertainty into markets.
Oil hits one-year lows as China faces protests

Oil hits one-year lows as China faces protests

Massive anti COVID-19 protests in China send oil to lowest prices in a year. Uncertainty and politics keep dominating the market sentiment.
AUD/USD weakens despite PBOC easing

AUD/USD weakens despite PBOC easing

It looks like the uptrend might continue; however, bulls must bring the Aussie to new swing highs to confirm the upside momentum.
Chinese oil giant invests nearly $2 billion in Brazil

Chinese oil giant invests nearly $2 billion in Brazil

China's CNOOC has bought a stake in a production-sharing contract in the huge offshore Buzios oil field in Brazil.
US markets in red as fear of China’s lockdowns rises

US markets in red as fear of China’s lockdowns rises

Dollar is seen as safe heaven amidst fear of China being locked down. Oil falls significantly with rumours and drama, indices follow.
WTI oil continues last week’s trend on Monday

WTI oil continues last week’s trend on Monday

Oil has fallen by almost 5% since market open on Monday with prices trading at levels not seen since September.
Will trade conditions between Germany and China tighten?

Will trade conditions between Germany and China tighten?

The German side wants to develop a new trade strategy towards China. The aim will be to reduce dependence on the Asian giant.
Climate disasters – Will a special fund be set up for them?

Climate disasters – Will a special fund be set up for them?

It looks like the European Union's proposal to address the funding situation for countries affected by climate disasters could pass.
Fear over demand outlook pushes Crude Oil down

Fear over demand outlook pushes Crude Oil down

The big cities in China struggle to control outbreaks and JP Morgan projected a mild recession in the US, putting pressure on oil prices.