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- Yahoo Finance
The Great Reflation: Why the silver and gold trade has further upside
Wall Street pros say there's reason to believe the "great reflation trade" has room to run.
- Yahoo Finance UK
Europe higher and US stocks down as data shows inflation ramping up
US wholesale inflation accelerated in January in latest sign that prices picked up last month.
- Reuters SG
Glencore, Trafigura target spot prices for mined copper sales, sources say
Glencore and Trafigura are pushing Asian smelters to accept low spot prices for turning their mined copper into metal this year, as opposed to industry benchmarks that are much higher, three sources with knowledge of the matter said. Historically, the industry has used annual benchmarks for their fees, known as treatment charges (TCs), for contracts to process concentrate into copper. But London-listed Glencore and Trafigura want to base TCs on the spot market, where the expansion of Chinese and global smelting capacity, as well as tight concentrate supplies have depressed processing charges.
