Commodity

As inflation concerns persist, turn to commodities ETFs

by on May 25, 2021 0

As financial markets start to worry about rising interest rates, investors can position themselves to soften the shock with commodities, including the Direxion Auspice Broad Commodity strategy. AND F (COM). “The prices of the building blocks of the economy have skyrocketed over the past year,” said one Wall Street Journal article Explain. “Oil, copper,...

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High commodity prices: metallurgical companies will benefit; automotive, consumer durables to suffer

by on May 25, 2021 0

Global commodity prices have recently seen a massive surge, fueling fears of rising inflation. The price hike comes amid an increase in COVID cases and reduced economic activity. Domestic flat steel prices continued to increase for the eleventh consecutive month in May 2021. Domestic hot-rolled coil (HRC) prices increased 9% to an average of...

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Commodity prices have skyrocketed, but miners are not investing

by on May 25, 2021 0

Despite a commodity boom boosting profits, miners are not throwing money into new projects, raising concerns about future shortages of some metals. So-called technological metals, such as cobalt, copper and lithium, are expected to experience particularly large deficits, analysts say, amid growing demand from manufacturers of batteries, electric cars and wind turbines. Supply constraints...

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Why are commodities having such a spectacular year?

by on May 24, 2021 0

With the global economy rebounding, growing demand for commodities has helped commodity-linked ETFs lead the charge this year. Among the top performing non-leveraged ETFs of 2021, the First Trust Natural Gas ETF (NYSEArca: FCG), which follows natural gas exploration and production companies, rose 61.5%; the iPath Series B Bloomberg Tin Subindex Total Return ETN...

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Controversy over flights to Belarus, China struggles with commodity prices, Phil Mickelson makes history

by on May 24, 2021 0

Bloomberg Former high school classmates are among the world’s largest crypto holders (Bloomberg) – Kyle Davies and Su Zhu launched Three Arrows Capital at their apartment kitchen table in 2012. They are now among the largest cryptocurrency holders in the world with a portfolio worth billions dollars, at least for now. has been rocked...

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