Commodity Prices

As inflation soars, the sale of low unit price packs surges; FMCG companies opt for cut-to-weight and bridge packs

NEW DELHI: FMCG manufacturers are opting to reduce product weight rather than price on low-end consumer items, while employing single-digit price increases on some large packs and launching ” relay packs” as they seek to weather the impact of rising commodity prices and unprecedented inflation. In addition, they also use …

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S&P Global Commodity Insights: Oil Price Volatility Is Here to Stay as Supply and Demand Risks Abound

A number of fears have gripped the oil market – recession, demand destruction, supply disruptions and low spare capacity to name a few – so price volatility is not surprising and is here to stay. S&P Global Commodity Insights summed it up aptly when it said in its May Commodities …

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Commodity currencies rebound but sentiment remains fragile

LONDON, May 10 (Reuters) – Commodity currencies The Norwegian krone and Australian dollar regained ground on Tuesday after hitting near two-year lows against the U.S. dollar, leading European and Chinese stock markets to rebound . But traders said sentiment remained fragile and kept the safe haven dollar near a 20-year …

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Bull Vs Bear: Top 5 Triggers That May Dictate The Stock Market This Week

Bull versus bearish: After the rout of the American markets, the Indian stock market fell sharply on Friday. According to stock market experts, extremely fragile due to entrenched inflation and the possibility of severe measures by central banks to tame it, other factors such as geopolitical tensions, the risk of …

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What do rate hikes mean for commodity prices?

Impact of monetary policy on commodities It is the first time since 2006 that the Fed has made rate hikes in back-to-back meetings as rapidly rising inflationary pressures continue to become a major concern. Traders now expect the central bank to continue raising rates aggressively with further 50 basis point …

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The stock market is starting to price in the “growing risk of stagflation”, says the CEO of Research Affiliates. Here’s how investors can position themselves.

Stock markets are beginning to price in “the growing risk of stagflation,” according to Chris Brightman, managing director of Research Affiliates. “Investors are repositioning their portfolios to protect the real value of their financial capital,” Brightman wrote in a Research Affiliates note this month. “Capital markets have panicked as investors …

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Government can cut taxes on edible oil imports to lower prices

NEW DELHI : The government is considering a reduction in the tax imposed on edible oil imports to mitigate the price spike following Indonesia’s recent ban on shipments of crude palm oil, which accounts for almost half of India’s imports from this product. The Ministry of Consumer Affairs, Food and …

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Exxon and Chevron, buoyed by high oil prices, are flooding investors with cash

Big oil companies continue to reap the benefits of high commodity prices, but are not backing down from plans to reward investors while keeping production roughly flat. ExxonXOM -0.53% Mobil Corp. said on Friday it collected $5.5 billion in first-quarter profits, more than double the same period last year. The …

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Hess (HES) Best Estimates for First Quarter Earnings on Rising Commodity Prices – April 27, 2022

Hess Company (Quick quote HESIT IS – Free Report) reported Q1 2022 earnings per share of $1.30, beating Zacks’ consensus estimate of $1.12. The figure also improved from the previous year’s earnings of 82 cents per share. Quarterly revenue increased to $2,371 million from $1,919 million a year ago. The …

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Stocks and commodity prices fall below hawkish Fed, China worries

Breadcrumb Links PMN Company Author of the article: Reuters Chris Prentice and Marc Jones Publication date : April 25, 2022 • 16 minutes ago • 4 minute read • Join the conversation Content of the article WASHINGTON/LONDON — Traders dumped riskier assets on Monday as relief over Emmanuel Macron’s victory …

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Timber prices are poised to continue rebounding after hitting $1,000

Lumber prices moved back above the $1,000 level on Thursday as seasonal demand begins to pick up. Wholesale and retail lumber inventories have been conservative in recent months, according to a lumber industry executive. “Heading towards what is typical seasonal strength in the lumber market, a major buying round is …

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Tesla earns seven times more than a year ago thanks to strong sales

DETROIT (AP) — Tesla on Wednesday reported its first-quarter net profit was more than seven times higher than a year ago, fueled by strong sales despite global supply chain issues and cutbacks of pandemic-related production in China. The electric vehicle and solar panel company made a record $3.32 billion from …

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What are the prospects for this hugely important global crop?

The price of wheat has risen considerably since the start of the war in Ukraine. It already tended to increase before that, due to the limited supply in the main exporting countries. Where do we expect wheat prices to move and what factors are influencing it? A bit of context …

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Expectations for the fourth quarter: Price increases could help FMCG companies record higher sales

Fast Moving Consumer Goods (FMCG) companies are expected to see strong revenue growth. This was largely due to corporate price increases in the January-March quarter due to rising raw material costs. Discretionary spending improved against commodities in the quarter, but Omicron had an impact. Rural demand remained a concern …

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New Zealand raises rates to maximum in 22 years due to soaring inflation

New Zealand’s central bank on Wednesday raised interest rates by half a percentage point, the biggest increase in 22 years, following concerns about soaring inflation exacerbated by the invasion of Ukraine by Russia. The Reserve Bank of New Zealand raised its official interest rate by 50 basis points to 1.5%, …

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The Three Fs: Why UK Farmers Fear Soaring Fertilizer, Feed and Fuel Prices | Supply chain crisis

A large fiberglass tank is locked away on Matt Culley’s arable farm in Hampshire. No wonder: the fertilizer contained inside has become an increasingly valuable commodity. The cost of synthetic fertilizers, needed to grow many crops and grass, started to escalate last fall when the price of the gas needed …

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Is inflation peaking? Yes, but that does not mean that prices will go down.

Text size The costs of services are rising, even though the prices of goods appear to be falling. Brandon Bell/Getty Images Inflation is peaking, but curb your enthusiasm. Just because it probably won’t get worse doesn’t mean it will noticeably improve anytime soon. It is poetic justice that this is …

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FX Talking: Go Hard Or Go Home | Report

Abstract Go Hard or Go Home’ is the message the forex market is sending to central bankers trying to hedge their currencies against an energy price shock. In practice, this means that unless central bankers engage in aggressive monetary tightening to somehow hedge against a 3% Fed policy rate, local …

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US stocks set to open higher even as concerns over inflation and commodity price spikes persist

Futures contracts for the Dow Jones Industrial Average rose 0.1%, while those for the S&P 500 also rose 0.1% and contracts for the tech-heavy Nasdaq-100 rose 0.2 % U.S. stocks are expected to open slightly higher on Friday, reflecting lingering concerns about inflationary pressures and commodity price spikes amid the …

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Top Trading Houses Speak at Commodities Conference

March 23 (Reuters) – Executives from the world’s biggest trading houses and mining companies are at the FT Commodities Global Summit this week, discussing market trends, cybersecurity and the impact of the conflict in Ukraine. Below are comments from participants: PIERRE ANDURAND, HEAD OF ANDURAND CAPITAL MANAGEMENT Join now for …

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CGS-CIMB: Malaysia’s export growth expected to rise in March amid rising commodity prices

KUALA LUMPUR (March 21): Malaysia’s export growth is expected to soar this month amid sharp increases in commodity prices, CGS-CIMB Research said. The research house said prices of commodities, including palm oil, liquefied natural gas, crude oil and refined petroleum products, rose dramatically after Russia invaded Ukraine last month. last. …

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Analysis: As liquidity evaporates, oil braces for brutal volatility

A model of 3D-printed oil barrels is seen in front of the falling stock market chart in this illustration taken December 1, 2021. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, March 16 (Reuters) – A rise and fall in oil prices of $40 a barrel …

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ASX falls after falling commodity prices

The ASX closed lower, a day after its biggest gain in six weeks. -AAP Picture Falling commodity prices and a two-week low in oil prices sent ASX shares tumbling while the Reserve Bank showed little interest in raising rates amid uncertainty in Europe. Energy and materials stocks fell two and …

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Looking to profit from soaring energy prices? Consider these 5 ETFs.

The war in Ukraine has driven up energy prices, and there are a plethora of energy-focused exchange-traded funds that allow you to ride the wave. They range from an ETF like State Street Global Advisors’ Energy Select Sector SPDR ETF (ticker: XLE), which is heavily concentrated in a few large …

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Gold prices rise today, just ₹2,500 from all-time highs

Gold prices jumped sharply today in Indian markets amid the escalating crisis in Ukraine. On MCX, gold futures jumped 1.8% to ₹53,500 per 10 grams, followed by firm world rates. In August 2020, gold had reached an all-time high of ₹56,200 in Indian markets. In global markets, spot gold rose …

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Fire at Ukrainian nuclear power plant drives up commodity prices

Reports of a fire at Ukraine’s largest nuclear power plant pushed commodity prices even higher despite claims by Ukrainian authorities that the blaze did not affect critical equipment. Citing Ukrainian authorities, Reuters reported earlier today that a fire had broken out in a training building at the Zaporizhzhia nuclear power …

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Global commodity price hikes could jeopardize inflation target: BB

TBS Report March 02, 2022, 9:35 p.m. Last modification: March 2, 2022, 9:38 PM When the money supply increases and the demand continues to increase, the prices of various products and services may also increase. Photo: Collected “> When the money supply increases and the demand continues to increase, the …

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BP drops stake in Rosneft in Russia amid war in Ukraine; Commodity prices soar again

Citing Russia’s invasion of Ukraine, British energy giant BP plc said on Sunday it would shed its stake in government-controlled Russian oil company Rosneft. BP also said its CEO Bernard Looney and former chief executive Bob Dudley resigned from Rosneft’s board on Sunday, effective immediately. BP “has been operating in …

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Russian-Ukrainian war: refrigerators, air conditioners and electronics will soon become more expensive

If you are planning to buy an air conditioner or a refrigerator this summer, you may have to shell out more for your comfort. As the crisis in Ukraine worsens, major manufacturers of durable consumer items like smart televisions (TVs), air conditioning or refrigerators are warning of another round of …

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Latest news in Ukraine: Russian strikes hit Ukrainian airfields

Western leaders launched a volley of condemnations and threatened retaliation for the Russian invasion of Ukraine. Vladimir Putin on Thursday ordered the entry of troops into the country and asked the army in Kiev to lay down their arms in what many fear will be the worst European conflict since …

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Australian and New Zealand dlrs find solace in rising resource prices

SYDNEY, Feb 22 (Reuters) – The Australian and New Zealand dollars held firm on Tuesday as strength in global commodity prices helped offset some of the unease among investors over Russia’s foray into the east from Ukraine. Both countries are major exporters of raw materials, with Australia having a strong …

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The Electricity Bill Is Damn Too High: Here’s Why and What You Can Do About It

Residents of New York State have been opening their mailboxes for the past few weeks to find an unpleasant surprise in the form of abnormally high electricity bills. Governor Kathy Hochul has since called on Con Edison to reform its billing practices, and Public Service Commission (PSC) regulators say the …

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Tough negotiations as European retailers clash with food giants

LONDON, Feb 17 (Reuters) – European retailers are locked in protracted price negotiations with giant food companies – including the world’s biggest, Nestle (NESN.S) – as they battle to retain shoppers and protect their profits. Major consumer products companies around the world have announced their intention to raise prices at …

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Lithium Americas stock jumps after bullish call

Text size This photo taken on March 12, 2021 shows a worker with car batteries at a factory of Xinwangda Electric Vehicle Battery Co., which manufactures lithium batteries for electric cars and other uses, in Nanjing, China. STR/AFP via Getty Images Stocks of a early-stage lithium miner Lithium Americas were …

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Kampala traders blame rising commodity prices on fuel

Traders in Kampala city have blamed the rising prices of basic commodities, especially those produced in factories, on high fuel prices. Fuel prices started to rise earlier this year and as of now petrol is around 5070 shillings and diesel 4430 shillings. According to traders in the city, high fuel …

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Republic Announces 15% Revenue Increase in Q4 2021

Shortly after securing the industry’s first major acquisition in 2022, Republic Services released fourth quarter 2021 results and provided a preview of what 2022 will look like for the company. The Phoenix-based waste management service provider posted 15% year-over-year revenue growth in the last quarter, beating full-year performance and hitting …

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3 reasons this strategist sees Brent hitting US$120

A top commodity strategist predicts that rising oil prices still have room to go up. Francisco Blanch, managing director and head of global commodities at Bank of America Global Research, thinks European benchmark Brent will hit US$120 a barrel by mid-summer, up from US$91 on Wednesday. at midday. His thesis …

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Brazilian real leads Latam gains as commodities boost Chinese demand

The soil of Peru plunges into the worries of Las Bambas Colombian peso down as inflation spike looms Feb 7 (Reuters) – The Brazilian real led gains among Latin American currencies on Monday as commodity prices rose on the prospect of stronger demand from China’s top importer, while attention turned …

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Huge wave of commodity price inflation expected – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger ‘You have to spend an additional 28 KD for every 100 KD’ KUWAIT CITY, February 5: According to experts, the rate of increase in commodity prices in Kuwait amounts to 28%. This means that every citizen and resident is now required to spend an additional …

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Global food prices hit a record high last month | Food News

Inflation has become widespread across the world, adding to the soaring cost of living for consumers. Through Megan DurisinBloomberg Published on February 3, 2022February 3, 2022 Global food prices hit a record high last month, further adding to the spike in the cost of living for consumers. The United Nations …

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Chronicle: Analysts Expect Torrid Base Metals Rally to Cool Down

LONDON, Feb 1 (Reuters) – The London Metal Exchange (LME) index of base metals (.LMX) jumped 38% last year as the pandemic demand recovery met with a supply chain disruption. supply. Copper and tin hit all-time high prices, while aluminum, nickel, zinc and lead each hit multi-year highs. That, however, …

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LVMH’s Hublot to raise watch prices as inflation hits luxury

(Bloomberg) — Hublot’s Big Bang watch, worn by Usain Bolt and Jay-Z, will soon be offered at an even higher price. The Swiss watchmaker is raising the prices of all of its watches, Hublot chief executive Ricardo Guadalupe said in an interview. Rising commodity costs for gold and diamonds will …

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Vedanta reports 26% jump in third-quarter net profit

Bombay : Metals and mining company Vedanta Ltd on Friday announced a 26% increase in net profit in the third quarter / consolidated / at ₹4,164 crore as higher raw material prices and operational efficiencies offset increased production costs. The company had a net profit the previous year of ₹3299 …

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Analysis: Fed tightens sign to dump US stocks

The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York, New York, U.S., January 16, 2019. REUTERS/Carlo Allegri//File Photo Join now for FREE unlimited access to Reuters.com Register LONDON/NEW YORK, Jan 26 (Reuters) – U.S. stock markets, after enjoying their best three-year run in …

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Trevali Mining Sees Lower Production in 2022 After Misfires in 2021 – Commodity Commentary

By Adriano Marchese Vancouver zinc producer Trevali Mining Corp. expects payable zinc production to decline in 2022 after exceeding its guidance range in 2021. Manufacturing : “Reached 2021 payable zinc production of 322 million pounds, slightly below adjusted guidance of 325-350 million pounds of payable zinc upon normalization for the …

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Crude Oil Forecast – WTI at Risk as Stocks Rout Threatens to Spill Over to Commodities

WEEKLY FORECAST FOR WTI OIL: DOWN SLIGHTLY Oil prices have been rising in recent days, but the rally may soon start to fade If the fix in the field of actions deepenswe could reach a point where everything sells out, including most commodities The FOMC meeting could become a bearish …

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Myths and Realities of Commodity Derivatives Markets

The commodity derivatives market is going through a topsy-turvy situation, which is attributed to the ban or intermittent suspension of futures trading on a basket of commodities. While financialization has impacted market contours, uncertainty and elevated regulatory risks have hurt market sentiment. This would result in an under-traded market, leading …

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The Hut predicts slower growth after earnings miss estimates

(Bloomberg) – THG Plc has warned that analysts’ full-year earnings estimates and sales forecasts will slow amid record high commodity prices and continued pandemic-related uncertainty. The beleaguered mall said its adjusted earnings before interest, tax, depreciation and amortization margin is expected to be 7.4% to 7.7% in 2021, below the …

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Indonesia’s economy looks poised for strong growth as commodity prices soar

JAKARTA – Buoyed by the commodity boom, Indonesia’s economy appears poised for a rapid rebound in growth in 2022 as a significant drop in Covid-19 cases and deaths prompts the easing of social restrictions and the reopening of borders. The country remains the world’s largest exporter of thermal coal and …

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LG Energy Solution IPO price breaks range; raises $10.8 billion – sources

LG Energy Solution logo is pictured on a smartphone in front of a stock chart displayed in this illustration taken December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register SYDNEY, Jan 14 (Reuters) – South Korean battery maker LG Energy Solution (LGES) has priced …

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Wheat on export business; corn and soybeans ahead of USDA data

CHICAGO, Jan.11 (Reuters) – U.S. wheat futures rose about 1% on Tuesday amid a pickup in global exports and short hedging ahead of several key reports from the U.S. Department of Agriculture expected Wednesday, traders said. Corn and soybean futures rose slightly ahead of reports, which will include updated estimates …

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Third trimester could be skewed despite the festive push

MUMBAI : Economic recovery and festive sales are expected to fuel healthy corporate earnings in the December quarter, although a broad-based recovery remains elusive. Analysts said sectors such as metals, oil and gas, banking, financial services and insurance (BFSI) and IT will boost earnings momentum in fiscal third quarter, while …

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Loonie’s underperformance baffles veteran currency strategist

At least one currency strategist is surprised by the stagnation of the Canadian dollar over the past year, given soaring commodity prices and the Bank of Canada’s timeline for rising interest rates. The Canadian dollar starts the year at about the same level it was trading a year earlier, hovering …

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India CAD: CAD to widen as global commodity prices high, inflation could push imports up: analysts

NEW DELHI – Data on India’s merchandise trade deficit, which remained high at $ 22 billion in December, showed an improvement in exports, but the upward trend in imports could intensify in the months ahead, leading to a widening of the current account deficit, analysts said. . “We expect high …

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India to record one of the highest growth rates, says Ashima Goyal

Prominent economist Ashima Goyal said on Sunday that India is likely to have one of the highest growth rates in the world as there are gradual moves towards normalization, even as stimulus and support for vulnerable sectors continue. . Goyal added that sticking to the consolidation path announced by the …

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LNG and coal rally to 2021 commodities as markets consider COVID-19 for next step

LNG up more than 200%, as coal prices double in 2021 Copper added a quarter in 2021, aluminum up 40% Agricultural markets, including vegoil, have grown strongly Raw materials are expected to remain firm in 2022 if COVID-19 tamed SINGAPORE, Dec.31 (Reuters) – Agricultural commodity, energy and metals prices rebounded …

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CME Cattle Futures Rise Amid Supply Problems

CHICAGO, Dec.29 (Reuters) – Chicago Mercantile Exchange cattle futures soared on Wednesday, as spot cattle prices firmed amid concerns over the supply of meat to meet demand slated for next year, traders said. Cattle futures ended higher, as prices for beef carcass cuts continued to strengthen and spot cattle traded …

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Gold hits weeklong high as Omicron worries about firmer dollar

Palladium hits its highest level in a month Optimistic gold outlook for the first quarter of 2022 – analyst December 27 (Reuters) – Gold prices peaked more than a week on Monday, as renewed risks to global economic growth from increasing cases of the Omicron coronavirus variant offset the pressure …

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Central banks hold the keys to currency management

The Australian dollar hit a new low for the year in the fourth quarter, stopping ahead of the November 2020 low of 0.6991. It appears that the impact of commodity prices and long-term interest rates on the currency has given way to short-term interest rates and the strength of the …

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Raw materials 2022: European marine fuel sees its availability reduced

Strong points Marine fuel supply tightness will last until 2022 The wide Hi-5 distribution encourages the installation of the scrubber Record LNG Prices Lead to High Sulfur Fuel Oil Consumption Rising refinery costs impact demand for raw materials Tension in European fuel oil markets will persist until the first quarter …

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Commodities, Travel segments lead UK equity rally; Omicron fears

Buildings are seen in the Canary Wharf business district, amid the coronavirus disease (COVID-19) outbreak, in London, Britain, January 27, 2021. REUTERS / Peter Cziborra / File Photo Register now for FREE and unlimited access to Reuters.com Register Schroders signs deal to buy 75% of Greencoat Capital Business confidence began …

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Oil Prices Head To Weekly Loss On Omicron Coronavirus Uncertainty

Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, USA, April 27, 2020. REUTERS / Adrees Latif / File Photo Register now for FREE and unlimited access to Reuters.com Register Brent down 1%, WTI down 1.1% at 05:30 GMT; set for …

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Data and technology will fuel the energy transition

World leaders are stepping up efforts for an energy transition that will rely more on renewable energy sources as we move closer to key climate commitments. Investment in the energy transition is well underway, with daily reports announcing new projects for wind, solar, hydrogen, batteries and other storage technologies, hydrogen, …

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Japanese companies retain confidence ahead of Omicron’s arrival

Japanese companies have confidence in the country’s economy, according to the Bank of Japan’s latest quarterly survey, which analysts warned was conducted before most business leaders took into account the new variant of the Omicron coronavirus. The BoJ’s quarterly Tankan survey showed sentiment among major Japanese manufacturers was unchanged from …

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Himanshu writes: What the real MSP means

After more than a year, the farmers’ unions finally decided to call off their protests with the repeal of the three controversial farm laws. Ultimately, no one knows why the laws were introduced and why they were withdrawn, as the government refused to discuss them in parliament. But in the …

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Latest updates: UK Health Secretary warns Omicron could infect 1 million people

Transport operator Go-Ahead has apologized for “serious failures” in its Southeastern Railway franchise, as it delayed results and prepared to suspend trading in its shares after failing to report amounts owed in government for years. Ministers withdrew the franchise from the UK rail and bus operator at the end of …

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Battery prices fall, but commodity boom could push them back up – report

According to BNEF, the prices recorded this year are an average for several end-uses of batteries, including different types of electric vehicles, buses and stationary storage projects. “For battery electric vehicle (BEV) packs, in particular, prices were $ 118 / kWh on a volume weighted average basis in 2021. At …

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Collapse of UK energy companies could cost an additional £ 120 for every household | Energy bills

The UK energy crisis could cost every UK household an additional £ 120 to cover the expenses of dozens of energy supplier collapses this winter, potentially plunging hundreds of thousands of households into fuel poverty for the first time. Investec analysts say consumers in England, Scotland and Wales could have …

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Buy Siemens for a target price of Rs. 2,550: ICICI Direct

Siemens T4FY21 Results: The infrastructure company follows the October-September fiscal year. For the period of the fourth quarter of fiscal 21, the company performed decently despite the disruptions. Consolidated revenue was Rs. 4,296.1 crore, up 21.1% year-on-year. EBITDA stood at Rs. 447.2 crore with margins of 10.4% impacted by higher …

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Business News | Stock market and stock market news | Financial news

Search for quotes, news, net asset values ​​of mutual funds Addiction INE002A01018, RELIANCE, 500325 Latent view INE0I7C01011, LATENTVIEW, 543398 A 97 (Paytm) INE982J01020, PAYTM, 543396 IRCTC INE335Y01020, IRCTC, 542830 Tata power INE245A01021, TATAPOWER, 500400 Search for quotes, news, net asset values ​​of mutual funds Addiction INE002A01018, RELIANCE, 500325 Latent view …

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U.S. natgas jumps 4% as surging world prices keep LNG exports strong

Nov. 23 (Reuters) – U.S. natural gas futures jumped about 4% on Tuesday, erasing most of Monday’s 5% drop, as surging global gas prices keep demand for US liquefied natural gas (LNG) exports near record levels. Gas prices in Europe climbed around 6% on Tuesday as colder weather increased demand …

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3 best energy stocks to buy long term

Clean energy production like solar and wind power is growing rapidly as the world seeks to verify the progress of global warming. But this transition will take decades, and demand for oil and gas is expected to increase in absolute terms by 2024, even as their share of the total …

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Star Bulk Gains Ground As Profits Rise With Commodity Boom, Firm Shipping Rates By Investing.com

© Reuters. By Dhirendra Tripathi Investing.com – Star Bulk Carriers Corp (NASDAQ 🙂 stock jumped more than 3% on Wednesday as the shipping company rode booming demand amid a shortage of ships, helping to to eightfold its profits in the third quarter and to comfortably exceed estimates. Adjusted profit was …

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Argonaut’s Gold Production Increase Outweighs Realized Price Reductions – Commodity Commentary

By Adriano Marchese Argonaut Gold Inc. more than offset the decline in gold prices achieved in the third quarter with greater production from its Mexican operations, supporting the generation of 37% additional cash flow during the period. Manufacturing : “During the third quarter of 2021, the Company sold 58,528 ounces …

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High commodity prices start to strengthen the A&D market

After being constrained by a weak market and lack of investor interest, the energy acquisition and disposal market appears to be picking up along with commodity prices. “The market is getting sparkling now,” said Thad Toups, president of Haas Petroleum Engineering Services. Speaking at the monthly Oilfield Strong webinar presented …

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Price hikes should not hurt growth

KARACHI: The recent surge in petroleum product prices and electricity tariffs is not expected to hurt economic growth in the current fiscal year, despite the fact that the price hike will immediately raise the inflation rate by about a percentage point. “Strong inflows of workers’ remittances, growth in export earnings, …

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Equities advance as fears over debt ceiling expire

Shares rose on Thursday, with investors encouraging developments in Washington as lawmakers reached a deal that would temporarily avoid a government default by mid-month. All three major indexes extended their gains after Senate Majority Leader Chuck Schumer said Thursday morning lawmakers reached a deal to extend the government’s debt limit …

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Is higher inflation knocking on the door?

If you regularly follow the kitchen market or find out about the prices of a neighborhood grocery store, you will likely get the obvious answer: The prices of a number of basic items are on the rise. Daily market price data compiled by the state-owned Trading Corporation of Bangladesh (TCB) …

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Understanding the chaos in commodity markets

October 2, 2021 TIT WORLD slot car racing championships are a microcosm of chaos. Tiny models of remote control cars ascend, descend and exit a complicated circuit faster than bewildered spectators can follow. It is impossible to predict the winners. This year’s race, which was scheduled to take place in …

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DigiMax Global to Launch CommodityHawk – AI-Based Commodity Price Trend Forecasting Tool for Institutional Investors

TORONTO – DigiMax Global Inc. (the ‘Company’ or ‘DigiMax ‘) (CSE: DIGI) (OTC: DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is pleased to announce that it has entered into an agreement with Delphi AI Systems Inc (“AI”) to use their previously developed and currently enhanced …

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