You could be excused in the U.S. for overlooking the fact that the U.K. is going through a snap election campaign. Any such coverage of the U.K.’s upcoming election is being drowned out by the U.S. media’s hourly reporting of the varying prospects for the numerous Democratic contenders and the daily tussles between lawmakers and […]
Category: Macroeconomics
Don’t look to Beijing to raise global growth via stimulus as it has in the past
In previous downturns, Beijing has taken a range of stimulus measures to keep the economy growing robustly; as a result, it has contributed positively to global GDP and commodity prices. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. But this time around Beijing […]
This Morning in Metals: Federal Reserve Cuts Interest Rates Again
This morning in metals news, the Federal Reserve has cut interest rates for the third time this year, AK Steel released its third-quarter financials and 16 steel industry associations praised the work of the Global Forum on Steel Excess Capacity. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
Amid the Latest Economic Downturn, is the Indian Dream Unraveling?
Prime Minister Narendra Modi’s vision for India to become a $5 trillion economy by 2024 is in danger. The current downturn — the third since the financial crisis — looks likely to undo that objective and extend further into the future as the world’s second-most populous country strives to bring large swathes of its population […]
September U.S. Housing Starts Fall 9.4% from August
U.S. housing starts in September dropped 9.4% compared with the previous month, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. According to the joint report, housing starts in September […]
The U.K.’s Woes are About More than Just Brexit
Anyone who argues the U.K. has not been impacted by its decision three years ago to leave the European Union only has to look at the figures to see how wrong that argument is. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. The […]
This Morning in Metals: Codelco to Hold European Copper Premium Flat
This morning in metals news, Codelco is holding its 2020 copper premium flat for Europe, China’s yuan could see further devaluation and Alcoa’s Baie-Comeau smelter has received certification from the Aluminum Stewardship Initiative. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper Premium […]
This Morning in Metals: U.S. Steel Shares Down on Third Quarter Guidance
This morning in metals news, U.S. Steel shares are down over 10% this morning, U.S.-China trade talks resume and the Federal Reserve decided to cut its benchmark interest rate again yesterday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Shares Down on Earnings Guidance U.S. Steel announced it […]
This Morning in Metals: Federal Reserve Expected to Make Interest Rate Cut
This morning in metals news, the Federal Reserve is expected today to cut interest rates once again, the LME copper price dropped ahead of the Fed’s decision and Steel Authority of India Ltd. (SAIL) shares rose Tuesday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Federal […]
U.S. Housing Starts Fall 4% in July from Previous Month
According to the U.S. Census Bureau and the Department of Housing and Urban Development, privately owned housing starts in July fell 4.0% from the previous month, but rose 0.6% on a year-over-year basis. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook July housing starts reached a seasonally adjusted annual rate […]