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WTI Rebounds Off Tw0Month Lows After API Reports Crude Draw
14.05.2024, 22:40 Uhr. ZeroHedge News - https: - WTI Rebounds Off Tw0Month Lows After API Reports Crude Draw Oil prices decline today as the last few day's rollercoaster continued after a hotter than expected PPI print, leaving WTI near nine-week lows. Crude has been on a downward path since April, with the geopolitical risk premium from tensions in the Middle East largely evaporating. Refinery run...
Peter Schiff: All Inflation Has One Source
14.05.2024, 20:41 Uhr. ZeroHedge News - https: - Peter Schiff: All Inflation Has One Source Via SchiffGold.com, Last week, Peter appeared on This Week in Mining with Jay Martin. Jay and Peter discuss the state of the economy, the government’s assault on sound money, and why the mining sector constitutes a good investment. Early on in the interview, Peter lays out the dilemma the Federal Reserve...
Clearing Demand
14.05.2024, 20:03 Uhr. ZeroHedge News - https: - Clearing Demand By Ahmed Bin Sulayem Since its establishment in 2005, the Dubai Commodities Clearing Corporation (DCCC) has been the central counterparty for clearing and settlement services to the Dubai Gold & Commodities Exchange (DGCX). Emerging as the largest clearing house in the MENA region by volume, DCCC is now poised to play a far more multinational...
Copper Scrappers Target Tesla Superchargers As Metal Prices Soar
14.05.2024, 19:01 Uhr. ZeroHedge News - https: - Copper Scrappers Target Tesla Superchargers As Metal Prices Soar In the early 1950s, a notorious bank robber, one of the first fugitives on the FBI's Ten Most Wanted list, was asked after his capture: Why did you rob banks? William Sutton's response: "Because that's where the money is." Fast-forward to today. Thieves are targeting electric vehicle...
Markets Now Face Make Or Break Inflation Data
14.05.2024, 14:22 Uhr. ZeroHedge News - https: - Markets Now Face Make Or Break Inflation Data By Michael Msika, Bloomberg markets live reporter and strategist European stocks are hovering around record highs on conviction that interest rates will come down and revive the economy, making this week’s inflation data a key to extending the rally. Monetary policies in the US and in Europe are expected...
Anglo Goes Bold: Unveils Breakup Plan To Transform Into Copper Giant Amid BHP Takeover Battle
14.05.2024, 13:45 Uhr. ZeroHedge News - https: - Anglo Goes Bold: Unveils Breakup Plan To Transform Into Copper Giant Amid BHP Takeover Battle London-listed Anglo-American has unveiled a "clear, compelling, and decisive plan to unlock significant value from its portfolio." This strategy involves selling its platinum and diamond business units while concentrating on copper, positioning itself to...
"Markets Extremely Quiet" Ahead Of PPI, CPI, Powell Speech
14.05.2024, 12:37 Uhr. ZeroHedge News - https: - "Markets Extremely Quiet" Ahead Of PPI, CPI, Powell Speech US equity futures are flat into tomorrow's CPI/Retail Sales print with PPI the major macro data point today, while Fed Chair Powell also speaks. Futures are flat after also closing unchanged yesterday when the return of the meme stonk mania sent GME and AMC soaring, and hammered L/S hedge funds...
Pressure On China Heightens As Capital Outflow Chokes Liquidity
14.05.2024, 03:01 Uhr. ZeroHedge News - https: - Pressure On China Heightens As Capital Outflow Chokes Liquidity Authored by Simon Black, Bloomberg macro strategist, The latest money data from China shows its capital-outflow problem is worsening, pressuring policymakers to allow a further weakening in the currency. China released money and inflation data over the weekend. CPI and PPI were not great...
'I Gave Up Shame Years Ago': Clinton Denounces Trump For Doing What She Did In 2016
14.05.2024, 01:40 Uhr. ZeroHedge News - https: - 'I Gave Up Shame Years Ago': Clinton Denounces Trump For Doing What She Did In 2016 Authored by Jonathan Turley, “I gave up shame years ago.” Those words from actor John Lithgow appear to have been taken to heart by Hillary Clinton who has severed any sense of self-awareness or shame in her public comments. Lithgow, who played Bill Clinton in Broadway...
Will The Fed Lose Control?
14.05.2024, 01:00 Uhr. ZeroHedge News - https: - Will The Fed Lose Control? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036. Disappointingly, but not surprisingly, Congress was too preoccupied...
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