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Palladium during trading in New York on Thursday went up to 1 thousand 396 dollars 40 cents per troy ounce. Then the growth of its price slowed down to 1 thousand 382 dollars 60 cents per ounce. Palladium is constantly growing in price, updating last October's records. Experts expect that its price in the near future may reach another record, exceeding 1 thousand 400 dollars per ounce due to the rejection of cars with diesel engines of both manufacturers and car owners. Johnson Matthey, after analyzing the state of the platinum group metals market, believes that in 2019 the demand for palladium in industry by almost 1 million ounces could exceed supply.
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
The reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
The Bank of Thailand chief on Monday said that it could take several years for the country’s foreign tourism industry to recover as the economy continues to take a beating from the COVID-19 pandemic. The central bank expects foreign ...
On Monday, world shares edged towards a five-month high and the U.S. dollar decreased in late trading as investors anticipated that the earnings season would see most companies beat revenue forecasts in light of the lifted coronavirus restrictions. The ...
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