#Commodities—from #crude, #nickel, #aluminum to wheat—have seen their highest weekly surge since 1974, as the #RussiaUkraineWar, which entered its 10th day, roils global markets and fuels fears of supply disruptions.
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https://www.moneycontrol.com/news/business/commodities/russia-ukraine-war-commodities-see-biggest-weekly-surge-in-almost-50-years-8196841.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/commodities/russia-ukraine-war-commodities-see-biggest-weekly-surge-in-almost-50-years-8196841.html?utm_source=telegram&utm_medium=social
Moneycontrol
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#MCPro: The suspension of #nickel trading at LME calls into question its risk management system.
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https://www.moneycontrol.com/news/business/markets/nickels-short-squeeze-exposes-chinks-in-the-lme-market-8241681.html?utm_source=telegram&utm_medium=social
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Moneycontrol
Nickel’s short squeeze exposes chinks in the LME market
If the LME management had not stepped in, four or five of the big broking firms at LME would have failed. The systemic risk could have spread across all asset classes.