Tag: commodities

Gold, wheat, corn and many others are commodities that are crucial in our world. Our team closely watches this financial category and always brings the best analysis to our readers.

Africa as a new source of the world’s metal?

The whole world is dealing with a shortage of metals. But now developed countries must start looking for more risky new deposits.
Russian gas and NATO joining number 1 topic in Finland
NG
0.27%

Russian gas and NATO joining number 1 topic in Finland

Finland is braced for the possibility that it could be next on Russia's list of countries to cut off gas supplies to European Union members.
EU wants to ban Russian oil imports by the end of the year
WTIOIL
-2.02%

EU wants to ban Russian oil imports by the end of the year

The EU proposes to ban all oil imports from Russia by the end of this year. However, some countries are opposed and demand at least more time.

Joe Biden wants $500 million to boost US crop production

President Joe Biden proposes to spend $500 million to encourage American farmers to increase the production of crops.
Gold plunged under 1900$
XAU
0.48%

Gold plunged under 1900$

Concerns from next week's Fed meeting and eased nervousness from presidential vote in France sent gold under 1900.
Poland and Bulgaria without Russian gas
NG
0.27%

Poland and Bulgaria without Russian gas

Gazprom has completely stopped gas supplies to Poland and Bulgaria. The reason is the refusal to pay for gas in Rubles.

IMF and WB warns againg problems in poor countries

The heads of the IMF and the WB warned today that rising interest rates are weighing most heavily on the world's poorest countries.
Germany fears an immediate ban on Russian commodities
NG
0.27%

Germany fears an immediate ban on Russian commodities

While Europe is still considering a ban on Russian energy exports, German businesses and trade unions are joining forces to oppose it.

The problem is moving from Shanghai further into China

China's virus restrictions are spreading from Shanghai to other parts of the country, limiting metal supply chains and reducing demand.
Russian oil industry slows down
NG
0.27%

Russian oil industry slows down

The Russian oil industry is already showing signs of slowing down as Western buyers shun Russian oil. Moscow tries to compensate it in Asia.

Food prices are rising to record levels

World food prices hit another record in March. Their index rose by 12.7 percent compared to February. The harvest will be smaller.
EU plans to end coal imports from Russia
NG
0.27%

EU plans to end coal imports from Russia

This week, the European Commission proposed the fifth package of sanctions against Russia. There is talk of banning coal imports.