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Chinese steel market moves upward
Domestic steel prices have gained momentum this week thanks to the strong positive sentiment experienced in the domestic market.Meanwhile, HRC's exports have remained limited, while Rebar's offers have increased with better domestic margins. A surge in interest in...
Peru’s mining production flexes for the seventh consecutive month
Peru's mining and oil and natural gas sectors saw a 12.22% drop in production in September 2020, compared to the same month the previous year. In a report entitled Conjunctural Advancement of Economic Activity, the country's National Institute of Statistics and...
Overview Market Close – October 30, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,501.60 -157.51 -0.59% S&P 500 INDEX 3,269.96 -40.15 -1.21% NASDAQ COMPOSITE 10,911.59 -274.00 -2.45% NYSE COMPOSITE INDEX 12,429.28 -73.01 -0.58% S&P/TSX COMPOSITE INDEX 15,580.64 -90.07 -0.57%...
Precious Metals Analysis
Gold cash $ weekly After the formation of new absolute highs at $2075, gold began a triangular phase, to be precise a descending triangle. This pattern generally has bearish implications that will be confirmed to the violation of the lower part (horizontal line in...