Articles by Rebecca Torres
Cyclone Disrupts Key Iron Ore Port, Fortescue Shares Face Pressure
Fortescue Metals' stock is under scrutiny as Tropical Cyclone Mitchell forces the closure of Port Hedland, threatening iron ore shipments. The miner's half-year results are due later this month.
Cyclone Disrupts BHP's Iron Ore Exports Ahead of Key Earnings Report
BHP's iron ore shipments face disruption as Cyclone Mitchell forces port closures in Western Australia's Pilbara region. The timing coincides with the miner's upcoming half-year results.
PetroChina A-Shares Outperform as Oil Prices Rebound on Geopolitical Tensions
PetroChina's Class A shares rose 2.3% to 10.77 yuan, outpacing the broader Shanghai market decline, as Brent crude climbed to $68.05. Traders are monitoring U.S.-Iran talks and new EU sanctions.
Materials Sector Rallies as Copper Hits $5.88, Eyes on Jobs and CPI Data
The materials sector surged Friday, led by miners, with copper rising to $5.88 per pound. Investors now await key labor and inflation reports next week that could impact commodity prices.
Geopolitical Tensions Fuel Energy Sector Gains as Oil Prices Rebound
U.S. energy stocks advanced as oil prices recovered amid Middle East tensions and supply concerns, with key producers adjusting strategies.
Ucore Rare Metals Surges on U.S. Critical Minerals Policy Momentum
Ucore Rare Metals shares rebounded sharply Friday, climbing 14.7% as investors anticipate details of a major U.S. stockpiling initiative. The move follows recent volatility in the rare earths sector.
Natural Gas Prices Face Downward Pressure Amid Warmer Forecasts and Rising Supply
U.S. natural gas futures declined 2.5% to $3.422/mmBtu as forecasts for milder weather and increased drilling activity weighed on the market. Traders are monitoring upcoming weather models and storage data.
Energy Stocks Rally on Middle East Tensions, Refinery Labor Deal
U.S. energy equities advanced Friday as crude prices rose amid renewed geopolitical concerns. Major producers and refiners posted gains, though localized labor disputes persist.
Silver's Volatile Week: Margin Hike Sparks Concern Despite Friday Rally
Silver prices rebounded sharply Friday but still posted a weekly loss exceeding 8.7% as CME Group raised margin requirements. Traders eye upcoming U.S. jobs and inflation data for direction.
Gold Volatility Intensifies as China Extends Buying Streak, CME Raises Margins
China's central bank expanded gold reserves for the 15th consecutive month, while CME Group increased margin requirements amid sharp price swings. Key U.S. economic data delayed to next week.