Seasonal Patterns in Commodities: Energy, Grains and Metals Through the Year
Winter heating, summer driving, spring planting, autumn harvest: the main seasonal patterns in commodities and why they’re context, not a trading rule.
Winter heating, summer driving, spring planting, autumn harvest: the main seasonal patterns in commodities and why they’re context, not a trading rule.
Fewer shorts, buybacks ending, no inflows and too many longs imply no recovery is imminent, says a JPMorgan strategist.
Malaysia’s central bank governor Abdul Rasheed Ghaffour told Blomoberg’s Avril Hong that the central bank has greater room to adjust interest rates after changing its policy guidance last month and stands ready to act if inflation pressures intensify as the Middle East conflict keeps energy prices elevated. Speaking at the sidelines of the International Monetary Fund and World Bank meetings in Bangkok, the governor said policy decisions will remain data-dependent, with the monetary policy committee assessing the latest information at each meeting. (Source: Bloomberg)
Chancellor of the Exchequer John Healey discusses the International Monetary Fund’s comments that the UK is the “country that basically stands out” for plotting a path to bring down borrowing. Speaking to Bloomberg’s Lisa Abramowicz in Bangkok, Healey also discusses the importance of banks to the British economy, declining to comment on potential tax measures in the government’s Oct. 28 budget. (Source: Bloomberg)
Read MoreCommodities & Futures News
The semiconductor foundry announced third-quarter net profits of 763.34 Taiwanese new dollars, marking a record.
Christel Rendu De Lint, Co-CEO of Vontobel, on AI, cyber risks and if UBS left Switzerland. ‘I would prefer them to stay. It’s a brand for the Swiss economy, losing a major brand, a major actor, it’s a loss’. She speaks on Bloomberg’s “The Opening Trade” with Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Read MoreCommodities & Futures News
Luxury giant Richemont and US retailer Signet Jewelers Ltd. are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter.
H.E. Mario Draghi, Former Prime Minister, Republic of Italy and Former President, European Central Bank speaks with Bloomberg’s John Micklethwait at the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)