Commodities
Pork prices in China have been hitting the roof thanks to highly contagious African swine fever. Because there is no vaccine or treatment for this disease, the only option is to exterminate the infected pigs. More than 1-million pigs have been slaughtered so far. Between February and April, prices of pork skyrocketed almost 50% within […]
... written on Jun 08 2019Oil prices’ free fall has temporarily stopped – after Saudi Arabia hinted that the OPEC cartel would let its production cut stays for a while. Nevertheless, there has been chaos and panic among oil producing countries in recent days. In just 3 days (Thursday to Monday), the crude oil plunged from above US$70 to below […]
... written on Jun 04 2019The NFCorp began in 2006 when AISB (Agro-based Industry contracted Agroscience Industries Sdn Bhd) was contracted by the Ministry of Agriculture to develop an integrated livestock farming and beef production facility. The objective was to boost and achieve nation’s beef self-sufficiency. AISB then set up NFCorp (National Feedlot Corporation), which was awarded the project on […]
... written on Jun 04 2019Donald Trump believes strongly that “tariff” is his most powerful weapon against China, and other countries for that matter, for refusing to kowtow to the supremacy of America. The weaponization of tariffs was used to the extreme on Chinese goods. When Beijing refused to surrender, the U.S. blacklisted Huawei in an attempt to kill the […]
... written on Jun 02 2019When Donald Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports in March last year, the U.S. president hadn’t a clue that some dirty business would hit back the Americans. He has been whining and bitching about China’s “unfair” trading practices, intellectual property theft and whatnot. The U.S. has […]
... written on May 29 2019Stocks dropped like a rock on Monday after China made good on its promise to retaliate – raising taxes on U.S. goods, largely agricultural products. The tariff increase to 25% from 10% on US$60 billion worth of U.S. goods, although smaller in value as compared to Trump’s US$200 billion, was enough to cause damage to […]
... written on May 14 2019If you’re trading online, it’s crucial that you understand how the global economy works. This will give you the knowledge and expertise to interpret economic data. You can then apply this knowledge when making trading decisions. For example, when the US markets fall, there is a probability that Asian and European markets will fall as […]
... written on Apr 26 2019The oil price has skyocketed to 6-month high, as Trump’s crackdown on Iran is about to begin. The world is supposed to stop buying Iranian oil by May 1 – or face sanctions. That’s the order from the superpower United States of America. The announcement from President Donald Trump’s administration on Monday would end the […]
... written on Apr 24 2019Brent oil prices rose on Thursday, touching US$70 per barrel for the first time in nearly five months. The crude price has seen a slow but consistent rally from its low of about US$50 a barrel in December last year, thanks largely to supply cuts by OPEC and its non-OPEC partner Russia, not to mention […]
... written on Apr 05 2019Very little was known about Saudi Aramco, the world’s biggest oil producer. Now, as the organization that produces about 10% of the world’s crude raises cash from the international financial market through bond sales, its financial secrets have slowly emerged. As part of a global roadshow, Aramco is now forced to reveal secrets closely guarded since […]
... written on Apr 02 2019
