Why Copper and Iron prices are diverging
The slump in iron ore prices is in stark contrast to copper’s extraordinary rise.
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The slump in iron ore prices is in stark contrast to copper’s extraordinary rise.
Global financial markets are bracing for potential upheaval as geopolitical strains drive gold to new record while oil prices surge. This surge, alongside the rally in metals like Copper, ignites concerns over an inflation comeback. Such inflationary pressures, combined with a revival in manufacturing and service sectors, could deter major central banks from implementing significant monetary easing through the year. The markets' nervous response is evident in the stark pullback of stock indices, though a major reversal remains pending confirmation.
CopperEx Resources Corp. today announced the awarding of a drill contract for the inaugural drill campaign at the Company's flagship Exploradora Norte Project, Northern Chile. CopperEx plans to...
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BlackRock Latin American Investment Trust plc (LON:BRLA) has released its Annual Results Announcement for 2023. Learn more about their performance here.