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Iron ore: Rio Tinto maintains leadership as a producer
Vale SA expected to overtake its main rival in the fourth quarter, but reported a disappointing 82.5 million tons of the steelmaking ingredient after heavy rains limited operations in northern Brazil. That compares with 84.1 million tons for Rio Tinto. Vale lost the...
Copper: metal gets Zambian fiscal boost
Zambia is looking to position itself as Africa's top copper producer over the next decade, reclaiming a position it lost to the Democratic Republic of Congo (DRC) in 2014. The government of President Hakainde Hichilema, who came to power in August, hopes to increase...
Copper: global stocks have fallen to lows
October 2021 copper pressure has sent the metal into record territory now that warehouses again have enough metal for a long weekend. The surge was attributed to a rush for ready-to-deliver metal after copper warehouses were emptied and available stocks on the LME...
Eur/Usd: pullback phase in progress
In the article of February 4 (read here) the projections identified the first short-term targets towards 1.1560 and 1.1700. The targets are still the same, with the current movement of Eur/Usd in pullback phase (physiological movement of return towards a purchase area...