Tag: Commodities

© Reuters. FILE PHOTO: 20 Euro banknotes are displayed is this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration By Jamie McGeever ORLANDO, Fla. (Reuters) – The euro’s share of world currency reserves has been depressed for years as negative euro zone interest rates and bond yields have spurred huge bond outflows. But these dynamics…

© Reuters. FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) -Australia’s Lynas Rare Earths on Tuesday posted a record quarterly revenue as demand for the specialized metals it mines surged amid a global push…

© Reuters. FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) – The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of “very high uncertainty” over the…

2/2 © Reuters. FILE PHOTO: A board with the logo is on display outside the office of the Moscow Exchange in the capital city of Moscow, Russia March 24, 2022. REUTERS/Maxim Shemetov 2/2 (Reuters) -The Russian rouble rallied to its strongest level since June 2020 against the euro on Friday after an unexpected central bank…

2/2 © Reuters. FILE PHOTO: A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain 2/2 By Swati Bhat and Aftab Ahmed MUMBAI (Reuters) -The Reserve Bank of India said on Friday it is starting to move away from its ultra-loose…

2/2 © Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly 2/2 (Reuters) -A former Goldman Sachs (N:GS) managing director has been permanently barred from the banking industry over mishandling confidential…

© Reuters. Retail Gloom Builds on Weaker Consumer Demand, Inflation Worries (Bloomberg) — Wall Street is growing increasingly cautious on apparel and footwear companies ahead of their next earnings reports amid rising concerns that consumer demand will flag and inflation will remain high. Wells Fargo (NYSE:WFC) Securities cut its 2022 earnings per share estimates across…

© Bloomberg. A worker loads an aluminum coil onto a truck at the Arconic manufacturing facility in Alcoa, Tennessee, U.S., on Wednesday, March 9, 2022. Metals including aluminum and copper have soared to record highs following Russia’s invasion on fears of disruptions to trade flows. Photographer: Luke Sharrett/Bloomberg (Bloomberg) — The U.S. jobs market has…

© Reuters. FILE PHOTO: Egyptian workers prepare dough before baking Egyptian traditional loaves of bread in a bakery at Cairo’s southeastern Mokattam district, as the prices of basic goods in Egypt have risen since Russia’s invasion of Ukraine, in Egypt, March 16, By Rachel Savage and Marc Jones LONDON (Reuters) -The fallout of the Russia…

Alaska in the winter was full of surprises.I went to Anchorage, Alaska, in the winter to follow my oldest friend’s 20-year dream to be at the start of the Iditarod, the annual Alaskan dog-sled race that runs roughly 1,000 miles from Anchorage to Nome.As a Midwesterner living in Seattle, Washington, I was excited to see…