Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Australian dollar (AUD/USD) in the form of the Invesco CurrencyShares Australian Dollar Trust (FXA)…
iron ore
Dr. Duru Fed’s Daly: The Market Is Wrong About A Hump in 2023 Fed Rates
The Federal Reserve board governors continue to stay on message, reminding the market over and…
The Fed’s Hawkish Pressure Is Working Against Inflation
The Federal Reserve has stuck by its aggressively hawkish stance despite massive pains suffered in…
Australian mining companies struggle with higher labor costs
Australia’s mining sector has done extremely well, largely from exports to a rapidly growing China,…
Iron ore prices set to continue their upward pressure
The Financial Times reports that analysts expect iron ore prices to rise as much as…
Steel prices pushing through the economy
Talk to any steel company, and you will quickly discover the impact of commodity inflation.…
Germany faces increasing inflation pressures
While governments in several emerging markets are rushing to contain inflation pressures, governments in developed…
Steel companies squeezed by lower product prices and higher input costs
A common theme has connected the earnings reports of most steel companies: lower prices for…
AK Steel increases prices to offset rising material costs
Yesterday, AK Steel (AKS) warned investors that earnings would be lower than expected partly due…
Steel companies worried about increasing input prices
In early May, the World Steel Association (worldsteel) repeated its worries about “the recent unprecedented…