WIRE Global X Copper Miners ETF AUD Inc
- 13.690
- +0.040+0.29%
Gold demand in Asia continues to be strong, and the Chinese market is the biggest driving force.
This year, more than 40 countries are holding elections, making political risks a major theme of the Asia-Pacific metals conference.
Most Shorted S&P 500 Materials Stocks at May End
Freeport-McMoRan Plans Production Ramp-Up: 'It's Just A Matter Of Time' New CEO Says
Freeport-McMoRan (NYSE:FCX) has appointed Kathleen Quirk as its new CEO, marking a significant leadership change as the company gears up to increase copper production to meet growing global demand.Qui
Is copper supply a global problem? Global copper mining giants are betting on "processing waste stones" with a target of 800 million pounds per year.
① Global copper mining giant Freeport-McMoRan is actively pushing to increase the supply of copper; ② The company is committed to extracting the value of a large copper mine from a large inventory of waste ore; ③ The CEO of the company said that in the next three to five years, the company hopes to produce 800 million pounds of copper per year through this processing technology.
Will gold stage a midnight riot? It depends on this position!
Will CPI and the Federal Reserve trigger a gold market explosion? Will tonight be a midnight horror or a midnight frenzy? Both bulls and bears need to pay attention to this important trend indicator.
Freeport-McMoRan Shares Are Trading Lower Amid a Drop in Copper Prices.
Freeport-McMoRan Shares Are Trading Lower Amid a Drop in Copper Prices.
How much impact does the weak gold price and the sharp decline of the golden industrial concept have? Experts say that the gold price may experience a short-term correction, but its long-term investment value is still bullish.
Affected by multiple factors, the gold price has weakened in the past two days and once fell below $2300 per ounce. Today, gold-related stocks opened with a large decline. Industry analysts pointed out that there may be a short-term correction in the price of gold. Specifically, attention should be paid to the support performance at $2285 and the gold price should remain above this level or continue to fluctuate.
Hong Kong stock market noon update | all three major indexes fell sharply, with internal banking, marine transportation, and golden industrial concept stocks falling. COSCO Shipping Holdings fell nearly 13%, and Zhaojin Mining fell nearly 11%.
The three major indexes in Hong Kong all fell collectively. As of noon break, the Hang Seng Index fell 1.67%, and at one point during the day, it fell below the 18,000 point mark. The Technology Index fell 1.24%, and the State-Owned Enterprise Index fell 1.68%.
(FCX) - Analyzing Freeport-McMoRan's Short Interest
Freeport-McMoRan's (NYSE:FCX) short percent of float has fallen 5.33% since its last report. The company recently reported that it has 22.92 million shares sold short, which is 1.6% of all regular sha
Is the gold fundamental outlook optimistic? World Gold Council: the growth rate of gold production is getting smaller and smaller!
The World Gold Council pointed out that as gold becomes increasingly difficult to find, its production may soon fail to keep up with demand growth.
Is the long-term rise in gold prices difficult to stop? World Gold Council: Gold mine production is increasingly unable to keep up with demand.
The most important reason why gold production is difficult to increase is that many promising areas around the world have already been explored, making it increasingly difficult to find new gold mines around the world.
Bank of America Merrill Lynch: bullish on copper prices rising to $12,000, with greater flexibility for these copper mining enterprises.
Bank of America Merrill Lynch pointed out that considering the huge demand for copper due to energy transformation and the AI investment boom, the copper supply-demand gap is expected to double by 2026.
Stocks Reclaim Record Highs As Jobs Data Fuels Growth Optimism; Gold, Bonds Tumble As Yields Rise: What's Driving Markets Friday?
Wall Street returned to reclaim record highs on Friday after a stronger-than-expected jobs report.In May, the increase in non-farm payrolls rose by 272,000 units, a jump from 165,000 and significantly
Wall Street Reacts To Hot Jobs Report: Stocks Swing As Traders Abandon July Rate Cut Hopes
The May labor market report delivered hotter-than-expected numbers in terms of job gains and wage growth.Last month, U.S. employers added 272,000 nonfarm payrolls, a sharp increase from April's 165,00
Will the gold bulls be able to make a strong push as the non-farm payroll impact explodes tonight?
The market may shift its focus from inflation to the labor market. Will tonight's data reignite expectations of a Fed rate cut in July? The path of least resistance for gold resistance may still be upwards!
A heavyweight news "ambush" before non-farm payrolls! The gold price dropped by $20 in a short period of time.
China's central bank's gold reserves ended 18 consecutive increases, scaring off gold bulls! Will the future of gold prices face a major upheaval?
Hong Kong Market Speed Watch | The three major indices all fell, with the technology index falling nearly 2%; network technology and photovoltaic power stocks declined, Bilibili fell more than 4%, and Xinyi Solar fell nearly 6%.
Wind power stocks are rising, Datang Renew is up over 7%, China Longyuan is up over 5%; Apple suppliers are mostly down, Cowell is down nearly 9%, BYD Electronic is down over 5%.
Hong Kong stock market noon review | Hong Kong's three major indices fell back, the technology index fell more than 1%; automobile stocks weakened, NIO Inc fell more than 7% after its results.
Wind power stocks rose, with Datang Renew up nearly 7%, China Longyuan up over 5%; golden industrial concept rose, with Lingbao Gold up nearly 5%, Zhaojin Mining up over 2%.
Copper Price Surge Not Justified by Fundamentals, Top Trader Trafigura Says
Freeport-McMoRan Options Trading: A Deep Dive Into Market Sentiment
Investors with a lot of money to spend have taken a bearish stance on Freeport-McMoRan (NYSE:FCX).And retail traders should know.We noticed this today when the trades showed up on publicly available o