No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
First Quantum Minerals has received Panama’s approval to export stockpiled copper from its Cobre Panama mine, signaling a potential opening for negotiations to reopen the facility. The company’s shares surged 12.6% following the announcement, as reported by Bloomberg.
According to Reuters, the Bank of Japan (BOJ) is expected to keep interest rates unchanged at its meeting next week. The regulator is also supposed to discuss the risks to the country's export-driven economy posed by trade barriers on the part of the United States.
Copper smelting worldwide declined in February, according to satellite data. This marks the first drop in the last four months. The decline is largely attributed to reduced activity outside of China.
Ripple has become the first blockchain vendor to receive approval from the Dubai Financial Services Authority (DFSA) to provide regulated cryptocurrency payment services in the UAE.
Bank of Japan (BOJ) Governor Kazuo Ueda has expressed optimism about the level of consumer activity in the country. Despite the challenges that the national economy is facing due to Donald Trump's import tariffs, it is showing signs of recovery.
Financial distress among UK companies is on the rise, hitting a record high since the start of the COVID-19 pandemic. In 2024, 11.2% of British firms were struggling with low profits and lack of liquidity, Alvarez & Marsal consultancy said.
Bitcoin's market dominance has reached a 4-year high with a share of more than 62%. This is the highest level since March 2021, despite a recent correction by 29%.
Japan's largest labor union group has reached agreements on substantial wage increases, its representatives said on Thursday. According to Reuters, officials and employers have generally agreed on the need for significant wage increases to support workers amid soaring inflation.
Chinese authorities have issued additional licenses which allow the country’s smelters to export copper without paying taxes, Bloomberg reported. The move can help local producers to boost their overseas sales amid tensions in the global market.
A decrease of the indicator value may contribute to the rise in quotes of Nickel, Platinum, Palladium, Copper.