9 Commodity Stocks to Buy Now in Emerging Markets As Prices Soar
The Russia-Ukraine crisis has strained global commodities markets, but these nine stocks are poised to gain from disruptions, says Bank of America.
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The Russia-Ukraine crisis has strained global commodities markets, but these nine stocks are poised to gain from disruptions, says Bank of America.
As the Russia-Ukraine war boosts the need to hedge inflation with commodities, BofA predicts oil, gas, and metals prices in three geopolitical events.
The UK rate hike comes a day after the Federal Reserve raised interest rates for the first time since 2018, as central banks get tough on price rises.
The fall in nickel suggests a dramatic short squeeze is easing but the trading suspension is an embarrassing setback for the London Metal Exchange.
"The lack of CBs put makes investing trickier, and opens up the possibility that more downside is required before they come to the rescue, a la 2018."