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.
Chinese billionaire Bian Ximing, who made $1.5 billion on gold deals, is now making a $1 billion bet on copper, Bloomberg reports. Bian, who owns Zhongcai Futures Co., now holds the largest net long position in copper on the Shanghai Futures Exchange.
Analysts surveyed by Bloomberg forecast that the Reserve Bank of Australia (RBA) will announce a quarter-percentage-point rate cut at its meeting on Tuesday due to easing price pressures in the country and the 90-day trade truce between the US and China.
A decrease of the indicator value may contribute to the fall in quotes of Zinc, Nickel, Palladium, Aluminium, Copper, CNY.
A decrease of the indicator value may contribute to the fall in quotes of JPY.
A decrease of the indicator value may contribute to the fall in quotes of CAD.
A decrease of the indicator value may contribute to the fall in quotes of GBP.
A decrease of the indicator value may contribute to the fall in quotes of AUD.
An increase of the indicator value may contribute to the rise in quotes of Aluminium.
A decrease of the indicator value may contribute to the fall in quotes of Copper.
According to a Reuters poll, in April Japan's core inflation rose at the fastest pace in two years. The agency attributes this sharp increase to the reduction of energy subsidies and higher food prices in the country.