Stock futures point to lower open across US indices later, while dollar edges higher after “chaotic” televised debate between Republican Donald Trump and Democrat Joe Biden. Debate did not help alleviate concern among investors over the election or its outcome, sparking risk aversion and hitting industrial commodities and equities. Pound […]
Nickel prices surged to a five-year high on Monday after Indonesia said it would ban exports of nickel ore from January 1, 2020. Indonesia’s move comes two years earlier than expected, as Jakarta aims to build up local resources. The southeast Asian country is the second-largest producer of nickel ore […]
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The commodity rally since June has been impressive, and it could be tied to weakness in the US dollar. Those sharp increases — ranging between 15-40% — have had Morgan Stanley strategists slightly puzzled. On one hand, bulk commodities such as iron ore and coal have benefited from steady increases […]
Falling commodity prices.
Commodity prices are getting smashed again on...