Refiners are facing a renewed threat to their production. Good morning to you, yvonne. Ye on japan e and korea. Trade was focused on Hurricane Harvey. I want to bring up a function. Are hurr you at the red dot, showing some of the refineries that have been closed. You can see that there are more red than blues. The reds meaning the refineries that have been shut down. That has left the markets uncertain today, particularly as this destruction is only going to get worse. The flooding is supposed to peak on wednesday and thursday, so this is not over yet. This is going to be the entire week the houston area will be dealing with the devastation. It seems like it has reignited the storm and flooding , moving over to the louisiana side. Definitely, our hearts go out to everybody in the u. S. We had to take a look at the headlines. In the last 90 minutes or so, north korea, firing this missile. Up and over japan, a little bit more serious given the fact that it has flown over japanese airspa
Point 5 , the biggest move in three months, moving above 1300 an ounce, gold trading at the highest level since the u. S. Election. Showing iskorea is showshe crowd psychology as does the elliott wave. That it could move to 1339. 1340 could be that next level according to that chart good not only at the highest level in volatility, but fo spiking again. Up in the Asian Session, and this flight to quality being felt in the treasury market. Tradingeeing treasuries in the Asian Session and very near the low of the year, 2. 1 . Ant 2 really could be with grasp very, very soon. Not to mention Inflation Expectations are low, so will the fed delay rate hikes . That is another factor investors are looking at. Volatility in currency markets very high, shortterm volatility on the korean won spiking again, catching up to those levels we saw earlier in the month when we had President Trump talking about fire and fury against north korea, so currency moves key to watch. We are seeing upside for the
Level of the year. The yen strengthening as investors seek safety. Rishaad the u. S. Oil industry facing more chaos as harvey gathers strength. They are facing a renewed threat. Russell spencer of frustration at the u. K. , saying brexit negotiations are not serious. Michelle barnier wants more details. Let us get to todays events right away. Looking at this north Korean Missile test flying over the island of hokkaido, really unprecedented that we have seen a north Korean Missile flying over the japanese mainland. Let us look at what is going on at the moment at this chart, 8092. It is telling us there is not much to be worried about. No one worries, according to this. This is a signal index, below average risks for the korean currency at the end of july. That bit still persists. Just going to tell you who does worried. Investors, generally speaking. Goldrecent move higher in announced that 1300 level. A nearterm advantage, 1340 per ounce is on the cards. This has been further supporte
Minister urges business people to set up renewable energy operations which can be rolled out to other countries barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
China’s biggest listed coal producer, China Shenhua Energy, posted a 28.3-percent rise in net profit in 2021, due to a growing demand in the coal market, reversing a declining trend for the past three years from 2018 to 2020. Revenue surged 43.7 percent to 335.2 billion yuan ($52.7 billion) in 2021, the company said on .