Aug 20, 2024 | Markets
Hedge fund manager told clients that volatility will continue His Key Square fund is betting on natural gas and Japan Scott Bessent, who runs macro hedge fund Key Square Capital Management, said he expects a jump in volatility and a decline in US markets because the...
Aug 20, 2024 | Markets
Bank cuts three-month price forecast to $85 on China concerns ‘Further price weakness is required’ to rebalance the market Iron ore is poised to extend declines into the $80s-a-ton range as China’s steelmakers reduce production, according to Citigroup Inc., which...
Aug 19, 2024 | Markets
It’s building North America’s first cobalt sulfate refinery Electra CEO says he’s in funding talks with Canada government Canada’s Electra Battery Materials Corp. has received a $20 million award from the US government to build a cobalt plant close to North America’s...
Aug 19, 2024 | Markets
German exporters shipped more products to Poland than to China in the first half of the year, underscoring Germany’s efforts to diversify trade away from the world’s second-largest economy and enhance relationships closer to home. German exports to Poland increased...
Aug 16, 2024 | Markets
A handful of economic data show US economy is holding up Traders pare wagers on aggressive cuts, bet on September move A flurry of data showing US economic resilience drove stocks to their best week this year, with dip buyers stepping in after a recent rout. Equities...
Aug 16, 2024 | Markets
July starts dropped to 1.2 million rate, below all estimates Big decline in the South may have reflected Beryl impact New-home construction in the US fell in July to the lowest level since the aftermath of the pandemic as builders respond to weak demand that’s keeping...
