24 June, 2021 by The TZ Newswire Staff Comments Off on Oil – OPEC+ meeting next week, demand is strong but there is fragility
Oil – OPEC+ meeting next week, demand is strong but there is fragility
Via ANZ, a good overview of oil heading into the OPEC+ meeting July 1:
Earlier previews:
24 June, 2021 by The TZ Newswire Staff Comments Off on Von Greyerz: The Icarus Wax Of The Everything Bubble Is Melting
Von Greyerz: The Icarus Wax Of The Everything Bubble Is Melting
Von Greyerz: The Icarus Wax Of The Everything Bubble Is Melting
Authored by Egon von Greyerz via GoldSwitzerland.com,
When will the wax melt that holds up the global economy? Hubris is driving humans and markets ever higher and closer to the sun. The higher everything goes, the greater the risk that the wax melts and the wings that are supporting the global economy just fall off and everything crashes to the ground.
24 June, 2021 by The TZ Newswire Staff Comments Off on Chinese ridesharing giant Didi aims for $60 billion valuation in IPO
Chinese ridesharing giant Didi aims for $60 billion valuation in IPO
Chinese ride-hailing giant Didi plans to list the equivalent of 72 million shares of Class A common stock on the New York Stock Exchange under ticker DIDI.
24 June, 2021 by The TZ Newswire Staff Comments Off on A snippet on gold (and platinum)
A snippet on gold (and platinum)
Some commentary on gold from the US session, where it slumped a few dollars from early morning highs circa US$1788.
TD is wary on diminishing demand for physical:
24 June, 2021 by The TZ Newswire Staff Comments Off on Proof of Work vs. Proof of Stake: Beginner’s Guide!
Proof of Work vs. Proof of Stake: Beginner’s Guide!
Proof of Stake is strongly coming to unveil in a couple of months. So, which one is better, affordable, faster, decentralized, safer…
24 June, 2021 by The TZ Newswire Staff Comments Off on U.S. government fails to collect over $1 billion in debt from nearly 1,300 colleges, report says
U.S. government fails to collect over $1 billion in debt from nearly 1,300 colleges, report says
These institutions owe money to the department as of February, according to the National Student Legal Defense Network’s report.
24 June, 2021 by The TZ Newswire Staff Comments Off on Natgas Futures Hit 29-Month High Amid Heat Wave
Natgas Futures Hit 29-Month High Amid Heat Wave
Natgas Futures Hit 29-Month High Amid Heat Wave
Natural gas futures climbed higher Thursday on track for a 29-month high as warmer weather and a rise in exports continue to drive demand.
Front-month gas futures NGc1 rose 9.9 cents, or 2.97%, to $3.432 per million British thermal units (mmBtu) by late afternoon Thursday, its highest level since January 2019.