The Australian dollar was the strongest major currency last week, while the Japanese yen was the weakest, although the numbers were practically negligible. Volatility decreased over this period, and the coming week will likely see more volatility.
Whether you’re a seasoned investor or a novice, understanding what’s driving this squeeze is critical. In this video, we break down the forces at play.
Gold recently ripped through $3,000 an ounce, and that trade was a home run. The question now is: What’s next? Taking a closer look at the iShares Silver Trust (SLV) may reveal the answer.
What was the hottest topic in the markets this week? Trump's tariffs. And what about next week? You guessed right, it will be Trump's tariffs again in all likelihood. The market is now pretty certain that copper will also be affected by tariffs.
Most investors have been chasing AI, semiconductors, and the latest crypto buzz. But one of the most explosive trades of the year has been hiding in plain sight. That trade? Copper.
The euro was once again the strongest major currency last week, while the Swiss franc was the weakest. Volatility decreased during this time, as only 11% of the most important Forex currency pairs and crosses changed in value by more than 1%.
China's metal markets are showing strong signs, with copper and iron ore prices at highs, steel output up, and base metal inventories low. JPMorgan predicts a bullish move if China's demand picks up.
Energy transition reshaping mining industry, demand for critical minerals to triple by 2030 and quadruple by 2040. Copper remains key for clean energy, while nickel faces oversupply issues. Zinc and rare earth elements also in focus due to supply chain diversification efforts.
The risk of disruption remains largely absent from valuations, and commodity prices, with a few exceptions, have remained surprisingly depreciated throughout 2024.
Metal markets facing turbulence under Trump, but gold stays strong as a debasement trade and aluminum may also hold up. Traders should wait, investors wary.
Copper stocks may face turbulent times if Donald Trump returns as his trade policies could have a bigger impact. History shows tariffs are trouble for the sector.
