-- The London Metal Exchange banned delivery of new Russian metal following sanctions imposed by the US and UK, but left the door open for a wave of old stocks to hit the market and raise the risk of pricing dislocations.Risk-Addicted Wall Street Funds Are Shaken as Bad News Piles Up
As such, he said, “it is possible that a relatively large supply” of Russian metal may be delivered to the exchange. Nvidia is in a bubble, stocks will disappoint for a decade, and a recession will strike this year, markets guru warns The Canadian dollar weakened to a near five-month low against its broadly stronger U.S. counterpart on Friday as investors seized upon recent economic data to bet the Bank of Canada would begin cutting interest rates before the Federal Reserve. The loonie was trading 0.6% lower at 1.3765 to the U.S. dollar, or 72.65 U.S. cents, after touching its weakest intraday level since Nov. 14 at 1.3779.
Bloomberg Russian Metal Russian Aluminum
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