Order SREA Reports
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
You have 5 more viewings!
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
You have 4 more viewings!
You have 2 more viewings.
Unfortunately, you have no more viewings.
On the one hand, the President announced that the March 1 deadline for the implementation of additional tariffs on Chinese imports will be now delayed. COMEX copper prices in New York briefly traded as high as $2.9765/lb. early this morning. Base metal prices in London were mostly firmer in early trading as well, with LME 3-mo. copper and nickel having reached as high as $6,540/mt and $13,175/mt, respectively, before easing back later in the session. Meanwhile, crude oil futures in New York dipped below $56.30 per barrel following President Trump’s tweet that OPEC needs to “relax.” According to Reuters, President Trump tweeted “Oil prices getting too high. OPEC, please relax and take it easy. World cannot take a price hike - fragile!” (And good luck to our friends in the commodity price forecasting business as they attempt to factor presidential tweets into their forecast models.) In foreign exchange trading the dollar was mostly weaker this morning with the euro buying $1.135 as the British pound firmed to $1.31 amid on-going Brexit uncertainty.
Back to Main