Iran escalation an opportunity to buy more stocks: JP Morgan
“…current geopolitical escalation should ultimately be an opportunity to add, as fundamentals are positive,” even as markets brace for volatility.
Lithium prices soar after Zim bans concentrate exports
“The higher lithium price and continuous illegal shipments are likely driving factors for why the overhaul is happening now,” said Cameron Hughes, an analyst at consultancy CRU Group, who likened the move to a similar ban by the Democratic Republic of Congo on cobalt exports last year.
Aluminium surges on Middle East conflict supply fears
Copper gained 0.3% and zinc rose 0.9%, while iron ore climbed 0.7% to $99 a ton in Singapore. The dollar strengthened, a headwind for dollar-denominated commodities, said Bloomberg News.