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Five Key Charts to Watch in Global Commodities This Week
Bloomberg via Yahoo Finance Canada· 7 days ago(Bloomberg) -- Wild weather is taking a toll on commodities markets. Cocoa’s rally is cooling. And...
Brent Crude Hits $87.50 Amid Hurricane Beryl, But Gains May Be Short-Lived
Oilprice.com via Yahoo Finance Canada· 3 days agoBrent crude soared to $87.50 per barrel on July 4th for the first time since mid-April, holding firm as a flurry of bullish news supports crude prices in early July
China’s Plastics Boom Is Set to Create Another Trade Headache
Bloomberg via Yahoo Canada News· 6 days ago(Bloomberg) -- A surge of Chinese plastic supply is threatening to overflow in the face of weak...
Asia's Fuel Subsidies Are Falling Victim to Budget Pressures
Financial Post· 4 days agoThailand and Malaysia have let diesel prices climb in the past weeks to ease the burden on public...
Cash-Rich Energy Traders Are Snapping Up Refineries From Big Oil
Financial Post· 4 days agoIt’s one of the areas where trading houses — who have long coveted the refining and distribution...
European Stocks Drop on Rates Outlook, France Poll: Markets Wrap
Bloomberg· 6 days agoAmerican equity futures slipped as a rally in tech megacaps ran out of steam ahead of jobs data that may give more clues on the outlook for US interest rates.
Stocks Up as Path to September Fed Cut Gets Wider: Markets Wrap
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- The stock market ended the week at all-time highs, with traders looking past signals...
Energy traders are snapping up refineries away from Big Oil
Financial Post· 4 days agoCommodities traders flush with cash are buying oil refineries that energy majors are increasingly...
What’s at stake for the climate if Trump wins? ‘A catastrophic outcome’
CNN via Yahoo Canada News· 5 days agoWhile Biden’s legacy will be cemented as the most pro-climate president, Trump would work to unravel...
The Decline and Fall of the Petrodollar? | by Carla Norrlöf - Project Syndicate
Project Syndicate· 3 days agoCould changes to the longstanding “petrodollar” system undermine the greenback’s global dominance?...