The precious metals complex is proving resilient in the face of intensifying macroeconomic headwinds and ongoing uncertainty over the direction of the conflict in the Middle East. Prices for gold, silver, platinum and palladium fell below key psychological levels this week on the back of hawkish interest rate signals for this year and next, as well as surging treasury yields and a stronger greenback. …
Continue ReadingWhen China broke out one of its “big guns” in last year’s trade war with the US – an array of export controls on rare earth elements – it helped spur a temporary truce in the pitched conflict between the two economic superpowers. After Beijing’s announcement, many around the world expressed shock at the size and scope of China’s response …
Continue ReadingJapan’s aluminium market is facing growing uncertainty as escalating tensions in the Middle East begin disrupting one of the country’s most critical supply routes for the metal. For years, Japan has relied heavily on Gulf producers such as the United Arab Emirates and Saudi Arabia, with the region supplying around 20 per cent of the country’s raw aluminium imports thanks …
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