Yvonne Yue Li

China carbonate spot prices drop to lowest since August 2021 Global inventories building as EV demand signals stay gloomy

(Bloomberg) -- Lithium's low price doesn't justify new investments in plants for the battery metal, says a top Albemarle Corp. executive.

Lithium’s low price doesn’t justify new investments in plants for the battery metal, says a top Albemarle Corp. executive.

Lithium's low price doesn't justify new investments in plants for the battery metal, a top Albemarle executive says.

(Bloomberg) -- Exxon Mobil Corp. said lithium demand will grow despite a years-long slump in prices, a scenario that would help its traditional oil business co-exist with a foray into producing the battery material that's key for electric vehicles.

Hedge funds including Anchorage Capital Advisors and Squarepoint Capital LLP have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures market create new trading opportunities in the battery metal.

As traders ponder bet on Fed pivot. By Sybilla Gross and Yvonne Yue Li, Bloomberg 18 Jul 2024

Money managers' wagers in gold jumped to the highest level in four years, signaling investor concerns surrounding the US presidential election campaign as well as renewed focus on the timing of Federal Reserve interest-rate cuts.

Money managers’ wagers in gold jumped to the highest level in four years, signaling investor concerns surrounding the US presidential election campaign as well as renewed focus on the timing of Federal Reserve interest-rate cuts.

Gold edged lower on Monday as traders mulled President Joe Biden's decision to end his re-election campaign - and what it means for Donald Trump's chances of returning to the White House.