Commodity articles
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Stock Markets Today: Middle East, commodities, Apple, Goldman
Good morning. Oil stabilizes following the flareup in Middle East tensions, industrial metals surge and Apple's iPhone shipments tumble.
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Refined copper moving into deficit in 2024, Antofagasta CEO says | Hotter Commodities
The refined copper market is now expected to be in a deficit of 200,000-300000 tonnes in 2024, a reflection of improving demand and...
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Stocks await CPI data, Fed rates, commodity prices: 3 Things
Stocks (^DJI, ^IXIC, ^GSPC) are gearing up for March's CPI (Consumer Price Index) and PPI (Producer Price Index) inflation prints due out this week. In turn, the pressure has turned up for the Federal Reserve as investors begin to price in less interest rate cuts for 2024. JPMorgan Chase & Co. (JPM) CEO Jamie Dimon outlined his concerns about "stickier inflation and higher rates" in his annual shareholder letter. Over in the commodity sector, gold futures (GC=F) edge higher while oil prices...