Commodity markets are indicating that global inflation will continue to fall in the coming six months
Prices of cyclical commodities such as copper, iron ore and lumber and agricultural produce, notably wheat, soybeans, corn and rice, have tumbled from their … Read the rest
Asians and central banks buy gold from disenchanted investors & Speculators
Gold bulls can thank the jewellery business, Asian hoarders and central banks for the steady price consolidation between $1740 and $1830 an ounce. The price jumped to the peak of the range in recent weeks partly because hedge funds were … Read the rest
Renewable energy developments reach record high in 2021: IEA
THE world’s renewable electricity capacity is expected to rise to more than 4,800 gigawatts (GW) by 2026, a jump of over 60 per cent compared with the levels in 2020.
According to a new report released by the International Energy … Read the rest
BIS fears green ESG asset bubble could burst
THE Bank for International Settlements (BIS) is nervous about a “bubble” in funds that specialise in environment social and governance (ESG) stocks and bonds.
It also warned that emerging market economies are vulnerable to bottleneck inflation and the slowdown in … Read the rest