Tag Archives: traders

Commodity prices spiked on Monday as industrial buyers and traders scrambled to source raw materials hit by supply disruptions caused by Russia’s invasion of Ukraine. Nickel rocketed 76%, palladium reached a record level and gold broke through $2,000 an ounce on safe-haven appeal, while oil and wheat jumped to 14-year …

Traders have hiked their preliminary forecasts for US consumer price inflation over the next few months, and now widely see annual headline figures coming in at 7% or higher into early next year.Fixings, which trade as derivatives on the likelihood of where future consumer price index levels will land, are …