FlowBank
en

1099 days ago

Fuel demand is slowly recovering as vaccinations continue

The weekly EIA report demonstrated the quantity of gasoline supplied to the US market increased 300k barrels last week. Now 3.3% lower than their average at this time of year over 2017-19, this demonstrates that fuel demand is slowly recovering as the vaccinations continue. Will fuel demand surpass pre-virus levels? Although commuting demand might remain low, that could be offset by higher travel demand during the summer as people catch up on trips via air travel.

#Commodities

1100 days ago

Starbucks coffee: The sprawling coffee empire

The coffee shop you all know (because it's everywhere, obviously) opened its door exactly 50 years ago, in a small market in Seattle. Who would have thought that the cute coffee shop would transform into an empire? The company now operates 33,000 stores in 80 countries. Starbucks has a market capitalization of $128 billion, and is the second quick -serving restaurant chain, trailing only the giant McDonalds. 

#Stocks #Commodities
Starbucks coffee: The sprawling coffee empire

1100 days ago

Real yields continued to push higher...and drag gold down with it...

Source: www.zerohedge.com 

#Commodities
US 10 Year real yields (inverted) vs. Gold

1101 days ago

China's demand for energy soared

More than half of the coal-produced electricity in the world came from China in 2020. However, the demand for renewables dramatically soared too, due to the country's rising energy demand. In 20 years, coal energy increased fourfold to 4,600 terrawatt hours, but renewable energy increased tenfold to 2,200 terrawatt hours! Despite other countries' effort to leave coal behind, the Chinese economy is still very much reliant on the dark material. Overall, 90 percent of the world’s electricity was generated by using coal, oil, gas and renewable sources in 2020.

#Commodities
China's demand for energy soared

1101 days ago

Gold is back under $1,700

The gold price is back under the $1,700 threshold as bond yields spike.

#Commodities
Gold is back under $1,700
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