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Lates News
07/05/2025
The Baltic Dry Index reported 1406 points.
Latest
3 m ago
The US Senate Committee approved Bowman to be the vice chairman of the Federal Reserve for regulation, a step closer to final confirmation.
7 m ago
Keefe, Bruyette & Woods: Maintain a market perform rating on DigitalBridge Group (DBRG.US), adjusting from a outperform rating to a market perform rating, with a target price adjusted from $13.50 to $10.50.
10 m ago
Keefe, Bruyette & Woods: Maintains the rating for Axis Capital Holdings (AXS.US), adjusting from outperform to outperform market perform, with a target price adjusting from $114.00 to $118.00.
10 m ago
LME copper rose by 1.93% to $9537.50 per ton. LME aluminum fell by 0.35% to $2425.50 per ton. LME zinc rose by 0.65% to $2632.00 per ton. LME lead fell by 0.70% to $1918.00 per ton. LME nickel rose by 1.59% to $15675.00 per ton. LME tin rose by 3.53% to $31970 per ton. LME cobalt remained unchanged at $33700 per ton.
10 m ago
The U.S. Energy Information Administration (EIA) has released its Short-Term Energy Outlook predicting that the electricity consumption in the United States will reach a historical high in the next two years. The EIA expects that electricity demand will increase from a record 40,970 billion kilowatt-hours in 2024 to 42,050 billion kilowatt-hours in 2025, and further to 42,520 billion kilowatt-hours in 2026. This growth is partly attributed to the use of more electricity by artificial intelligence and cryptocurrency mining data centers, as well as by households and businesses in heating and transportation. The EIA also mentioned that the proportion of natural gas electricity generation will decrease from 42% in 2024 to 40% in 2025 and 2026. The share of coal-fired electricity generation will remain at 16% in 2025, the same as in 2024, before decreasing to 15% in 2026.
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