Tag #Commodities

Showing 25 to 35 of 35 results

dw.com
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Soaring Gold Prices Amidst US-China Trade War Fears

Driven by fears of a US-China trade war and potential US tariffs on raw materials, gold prices have soared to near $2,900 per ounce, causing a massive shift in global gold reserves, with the New York COMEX holding approximately 1,000 tons—its highest level since summer 2022.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Global Stocks Wobble on Trade War Fears Despite Temporary US-Mexico-Canada Trade Deal

Global stock markets reacted cautiously to temporary US-Mexico-Canada trade deals, while crude oil prices fell due to increased trade war fears after China's retaliatory tariffs; the Canadian dollar remained relatively stable.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Mining Sector Poised for M&A Surge Amidst Slowing Chinese Demand

Slowing Chinese economic growth and the increasing demand for copper are driving predictions of a surge in mergers and acquisitions within the mining sector in 2025, following failed merger talks between Rio Tinto and Glencore and BHP's failed bid for Anglo American.

Progress

52% Bias Score

Responsible Consumption and Production
theglobeandmail.com
🌐 85% Global Worthiness
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Markets Rise Despite Strong Retail Sales as Fed Prepares for Rate Cut

Global markets edged higher on expectations of a 25-basis-point U.S. Federal Reserve interest rate cut, despite robust retail sales figures exceeding analyst expectations; however, the Fed will proceed with the rate cut regardless.

Progress

32% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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"Preço do café atinge recorde histórico devido a eventos climáticos."

"O preço internacional do café atingiu o nível mais alto da história, ultrapassando US\$ 3,44 por libra de arábica em dezembro de 2024, devido à redução da produção no Brasil e Vietnã por eventos climáticos extremos e aumento da demanda global."

Progress

44% Bias Score

Zero Hunger
theglobeandmail.com
🌐 75% Global Worthiness
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Cargill Announces 5% Global Layoff Amidst Strategic Restructuring

Cargill, facing low crop prices and a revenue drop to $160 billion in fiscal year 2024, is laying off 5% of its global workforce, primarily managerial roles, to streamline operations and cut costs; the impact on Canada is expected to be minimal.

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36% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 75% Global Worthiness
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Silver Poised for Historic Breakout Amidst Rising Global Demand

Silver's price is $32.69 per ounce on February 5th, 2025, projected to hit $50 by mid-year due to a historic bullish chart pattern and increased government and central bank interest for industrial and monetary use, potentially impacting global financial stability.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Record Coffee Prices Hit $3.7685 Amidst Tight Supply

Arabica coffee futures hit a record high of $3.7685 per lb on Thursday due to extremely tight supplies caused by a severe drought in Brazil, the world's largest arabica producer, impacting major roasters like Nestle and JDE Peet's, and fueling speculator activity.

Progress

32% Bias Score

Zero Hunger
theglobeandmail.com
🌐 75% Global Worthiness
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Mixed Market Reactions Follow Holiday, Commodity Prices Rise

Global markets displayed mixed reactions on the first trading day of the year, with rising commodity prices offsetting concerns about the incoming Trump administration and weaker economic data from China. The Canadian dollar fell against the US dollar.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Mixed Market Reactions to Interest Rate Cuts and Geopolitical Tensions

Global markets showed mixed reactions to interest rate cuts, with Wall Street futures rising on positive tech forecasts but Asian markets declining; oil prices rose due to sanctions on Iran and Russia, while the Canadian dollar remained stable against the US dollar.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Falling Copper Prices Signal Slowing Global Economic Growth

Copper prices are falling, currently at $4.18/lb, down 18% in seven months, signaling slowing global economic growth due to trade war concerns and underwhelming Chinese stimulus; investment banks predict further price drops to around $3.72/lb by next year.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 25 to 35 of 35 results