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“Like Phoenix out of the ashes” or trivial
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是“灰烬中飞出金凤凰”还是小巫见大巫
That Chinese people love going into casinos has not just been known since the James Bond films and the legendary gambling scenes, for example, in Macao, the Eldorado for gamblers in the Far East. But what is happening now on the nickel markets of the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) is more than breathtaking. After the boom…
Minor deviations from the budget
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小幅偏离预算
After the G20 summit in Japan and especially after the somewhat conciliatory bilateral talks between the USA and China regarding the trade war, nickel prices were able to recover on the London Metal Exchange (LME). At the start of the second week in July, nickel closed almost USD 1,000.00/mt higher. Even in the third week …
The revolving door effect
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旋转门效应
In the last few weeks nickel, on the London Metal Exchange (LME), could not find new impulses, despite warehouse stocks falling continually. After talks in Washington did not produce any constructive results, the trade war between the USA and China remains ongoing. A new level in the escalation was reached when…
All hopes now lie with the First Lady
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一切希望系于“第一夫人”
Whilst the American President is being ridiculed worldwide, it must also be recognised that the mix of open threats and draconian measures have had effect. Yet Trump should not congratulate himself alone in this, as effrontery and pompousness on their own, in most cases…
Not just Brexit is an odyssey
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陷入困局的不只是英国脱欧
On the London Metal Exchange (LME) during the past weeks, the nickel price has moved within a very tight range between USD 12,900.00/mt and USD 13,400.00/mt. Overall the sideways movement showed a slight tendency on the upside …
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