FlowBank
en

1002 days ago

Oil on a steady pace despite the impasse on production levels

The impasse between Saudi Arabia and the United Arab Emirates makes it hard to find an agreement on oil supply levels. Without an increase of supply, the market might further tighten. Oil prices seem to stay steady above $73 a barrel despite the current situation. 

#Commodities

1003 days ago

Lumber is taking a beating, down 43% in the past month

The rise of lumber did not last. The price shot up and went back down as quickly as it soared, now in the low $700.

#Commodities
Lumber is taking a beating, down 43% in the past month

1003 days ago

Climate change: Oil companies sell their assets to take action

Activists and investors constant pressure on Oil companies regarding climate change led to a big sell-off of assets. However, as the oil majors pull back, others are stepping in. Smaller companies such as Ineos Energy do not face the same pressure which explains these acquisitions. 

#Commodities

1003 days ago

Oil prices keep rising as supply will be short and inflation threatens

A spike in oil prices is likely to take place as OPEC+ could not come to an agreement on a deal to increase production, adding to the inflation pressure on asset classes. Tighter supply conditions and upward pressure on prices made Brent futures rise above $77 for the first time since 2018 this week, also sending global energy shares higher. 

#Commodities
Oil prices keep rising as supply will be short and inflation threatens

1004 days ago

Copper rebounds, recovering slightly to trade above $4.3 a pound.

Inventories of copper in warehouses declined to their lowest since February while copper stocks in bonded warehouses in China rose to their highest point since July 2019. The price of copper is still more than 10% lower than an all-time high of almost $4.9, after global copper smelting activity slipped in June as Chinese plants closed for maintenance.

#Commodities
More live news
bg_newsletter

Client Positioning


CFDs are complex instruments and are not suitable for everyone as they can rapidly trigger losses that exceed your deposits. You should consider whether you understand how CFDs work. Please see our Risk Disclosure Notice so you can fully understand the risks involved and whether you can afford to take the risk.


This website is owned and operated by FlowBank S.A, a company regulated by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse. The list of banks and securities firms authorized by FINMA can be accessed here. Depositor protection in Switzerland is provided by esissuisse for a maximum of CHF 100,000.- per client. Details concerning this protection system are explained at www.esisuisse.ch/en

FlowBank is affiliated with the Swiss Banking Ombudsman. Therefore, if you wish to initiate a mediation procedure with the Swiss Banking Ombudsman after your complaint to FlowBank, please contact the Ombudsman according to the instructions provided on its website: https://bankingombudsman.ch/en/

 

The information on this site is not directed at residents of the United States, Belgium, Canada, or any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

 

Trading Forex and other leveraged products carries high risks and may not be apt for everyone. Before you consider trading these instruments please assess your experience, goals, and financial situation. You could lose your initial investment, so don't use funds you can't afford to lose or that are essential for personal or family needs. You can consult a licensed financial advisor and ensure you have the risk tolerance and experience.


Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

FlowBank S.A, Esplanade de Pont-Rouge 9, 1211 Geneva 26, Switzerland
FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland