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2023-06-23 07:56:00 ET Summary The Chinese yuan still exhibits a strong gravitational pull on other Asian currencies, but it is not as strong this year as it has been. If you use the analogy of the solar system to think about currencies, then the US dollar is clearly the sun, arou...
2023-06-22 05:35:19 ET Indian Prime Minister Narendra Modi is in the U.S. for his first state visit, which is expected to result in major investments for India as the country makes its mark as a major potential counterweight to China. The U.S. is expected to offer drones in a multibilli...
(NewsDirect) Ioneer Ltd (ASX:INR, OTC:GSCCF) head of investor relations Jason Mack tells Proactive the company has boosted the South Basin mineral resource estimate (MRE) at its Rhyolite Ridge Lithium-Boron Project in Nevada to 360 million tonnes. The JORC-compliant MRE contains 3.4 million t...
2023-04-20 05:20:08 ET The trophy of the world's most populous nation is changing hands, according to fresh estimates from the U.N., which pegged the population of India at 1.4286B in mid-2023, compared to the 1.4257B of China (and excludes Hong Kong, Macau, Special Administrative Regions a...
2023-03-10 15:52:00 ET Summary Good growth momentum, strong credit growth, and a supportive budget environment provide a positive backdrop, though the Reserve Bank of India (RBI) still has work to do to tame inflation. Export growth is running at only about -6.5%YoY, a much smalle...
Summary Although the US January CPI was in line with expectations, the year-over-year rate was a little firmer than expected. As widely expected, China kept its medium-term one-year lending facility rate steady at 2.75%. The euro briefly traded above $1.08 yesterday for the first ti...
(NewsDirect) Ioneer Ltd (ASX:INR, OTC:GSCCF) managing director Bernard Rowe discusses with Proactive a term sheet with the US Department of Energy (DOE) for up to US$700 million to help finance construction of the company's Rhyolite Ridge Lithium-Boron Project. The DOE will provide the fundin...
Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...
Summary Much of Wall Street will be taking off this week. It will be a week filled with lots of economic readings. There will be no earnings and no Fed speak. By Ed Moya US Thin trading conditions could persist as much of Wall Street will be taking off th...
Summary With this month's hike, the Federal Reserve would have raised overnight rates by 300 bp while doubling the pace that its balance sheet is shrinking over the past 100 days. The JPMorgan Emerging Market Currency Index stabilized in October after falling by nearly 8.5% in the...
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(NewsDirect) Ioneer Ltd (ASX:INR) managing director Bernard Rowe is with Proactive’s Jonathan Jackson to discuss the latest developments at the Rhyolite Ridge Lithium-Boron Project in Nevada. Ioneer has reached a crucial phase in advancing the proposed mine with the Bureau of Land Mana...
(NewsDirect) Ioneer Ltd (ASX:INR, OTC:GSCCF, NASDAQ:IONR) MD Bernard Rowe tells Proactive he’s highly encouraged by the latest leach tests that indicate the Rhyolite Ridge Project has the potential to boost the US domestic supply of lithium, a crucial element for electric vehicle batte...
(NewsDirect) Ioneer Ltd (ASX:INR, OTC:GSCCF) head of investor relations Jason Mack tells Proactive the company has boosted the South Basin mineral resource estimate (MRE) at its Rhyolite Ridge Lithium-Boron Project in Nevada to 360 million tonnes. The JORC-compliant MRE contains 3.4 million t...