Reheating services inflation isn’t a surprise. But the PPI for finished core goods saps hopes for goods “deflation” to continue to hold down overall inflation. By Wolf Richter for WOLF STREET. The Producer Price Index for final demand […]
Macquarie Group’s analysis of January’s purchasing managers’ index (PMI) data suggests the global industrial cycle may be at a turning point following recent lows, potentially signalling a bullish phase for industrial commodities demand. Macquarie […]
The biggest export group — crude oil, petroleum products, natural gas, petrochemicals — retraced part of the 50% spike as prices dropped. By Wolf Richter for WOLF STREET. The huge US trade deficit improved – or got less […]
Houthi attacks from Yemen on commercial vessels in the Red Sea and Gulf have generated major disruption across key shipping artery The cost of transporting cargo through the Red Sea and the Suez Canal, a […]
Beijing has been actively investing in manufacturing to support the economy in light of the real-estate crisis China’s decision to focus its economic efforts on manufacturing could provoke a new trade war with other global […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decline this week, while European prices also decreased compared to the previous week. Last week, spot LNG freight rates continued their […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued their downward trend this week, while European and Asian prices also decreased compared to the previous week. Last week, both the Spark30S […]
There is significant enthusiasm for a new transport link between Russia and India, Moscow’s top diplomat has said A decline in Western economic clout means it is natural for emerging economic powers to develop new […]
Key Takeaways 1. Copper is an essential mineral for Biden’s energy transition, but an anticipated glut has disappeared around the world as politics and technological and economic problems have stopped or stalled projects. A shortage […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decline this week, while European and Asian prices dropped as well. Last week, the Spark30S Atlantic decreased to $142,500 per day, […]
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