The Weekly W(rap): 14-May-2021: The inflation shock!
Highlights of the week As of 14 May, about 161.2mn Covid-19 cases have been confirmed worldwide, and the death toll has surpassed 3.35mn, according to JohnsHopkins University data. Vaccine hesitancy is widespread in Europe, with more than a quarter of EU adults, and half of France, indicating that they are unlikely to accept a Covid-19 […]
Metals Daily (14-May-2021): The inflation shock ripples through markets
Source: Federal Reserve Bank of St. Louis A concise summary of what’s moving markets, the impact on base, precious and ferrous markets, including Theme of the Day. What’s moving markets? Global equities moved into the green ending a 3-day losing streak as investors try to shrug off inflation and interest rate concerns and focus on […]
Impact Of Covid 19 On Steel and Aluminium Industry 2020 Market Challenges, Business Overview And Forecast Research Study 2026
Global Steel and Aluminium Market research report provides excellent vision to analysis Global as well as regional industry. This research report delivers a detailed analysis of distinguishable strategies for industrial growth that will help to determine commanding segments and know distinct factors. Scope of different segments and applications that can potentially influence the global Steel […]
Gold prices tumble over 2% as vaccine progress slams precious metals
Gold futures turned sharply lower Monday as investors unloaded the metal amid news on prospective vaccines and treatments for COVID-19 that may be momentarily undercutting demand for precious metals. Drugmaker AstraZeneca said a study found the vaccine it is developing with the University of Oxford was up to 90% effective, with that news coming after Pfizer and its […]
Have vaccine hopes ended gold’s bull run? [Video]
Gold retreated to 1-week lows as a potential COVID-19 vaccine developed by AstraZeneca Plc and Oxford University produced a strong immune response in older adults, giving hope it may protect some of those most vulnerable to the disease. The data, published in full, suggests that those aged over 70 – who are at higher risk […]