Nickel chart is technically forming a Death Cross. Seemingly somewhat valid. This is, however, also true for Golden Cross and Hindenburg Omen. And fundamental data does also exist. Trade war rhetoric continues. But Trump is not the only one influencing prices....
Nickel without momentum. Still to and fro. The most recent correction in accordance with exchange rate developments. And also in line with the ups and downs of populist global politics. The USA and Turkey are quarrelling. Erdogan attacked head-on by Trump. Draconian...
USA, from advocate of free trade to figurehead of protectionism. Commodity markets are not indifferent to this either. Aluminium, copper and nickel begin to fall. Recovery follows. Goldman Sachs thinks the influence of the trade war on commodity markets, with few...
LME nickel price still higher than USD 15,000.00/mt. After the ECB meeting a stronger US-dollar subdues. Exchange rate has an influence on the stainless steel scrap price development. Especially in the Euro currency. General Data Protection Regulation causes a furore....
US sanctions lead to a "Burj Khalifa formation" in aluminium and nickel. Inflation and deflation in just one day. Nickel is presently trading at its former levels. The sanctions politics of the United States are having more and more extraterritorial results. The...
After the correction comes a recovery. Then a consolidation again, followed by a rise in prices. The actions of the USA and its President influence the industrial metals. Aluminium profits from the new Russian sanctions. RUSAL, one of the world's biggest aluminium...
