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Industrial Metals on the Rise: Copper and Aluminum Benefit from Dollar Weakness and Chinese Stimulus Plans
In recent days, the market for industrial metals such as copper, aluminum and nickel has seen significant rises, driven by two crucial factors: the weaker U.S. dollar ahead of the U.S. presidential election and the prospect of further stimulus measures by Chinese...
International Monetary Fund forecast: Stable growth but uncertain outlook for global economy
The International Monetary Fund (IMF) has released its latest forecast on global economic growth, outlining a picture characterized by apparent stability but with future prospects laden with uncertainty. According to the World Economic Outlook, global economic growth...
End of the ILA Port Strike: Impacts on Imports, Exports and Logistics Rates
The recent International Longshoremen's Association (ILA) dockworkers' strike ended last Thursday after the union accepted the United States Maritime Alliance's (USMX) offer of a 62 per cent wage increase over the next six years. This decision also marked the...
Canadian Government Imposes Duties on Chinese Steel and Aluminium: A Crucial Step in Protecting National Industries
As previously announced by Commodity Evolution's research department the Government of Canada has announced the imposition of a 25% tariff on a range of steel and aluminium products from China. This decision represents a strategic step in Canadian trade policy,...