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Mar 14 6 tweets 2 min read
Spot #palladium falls 10.7% on day at $2,518.25/oz, spot #gold extends losses to 1.3%. $XPD $XAU
Spot #palladium falls below $2,500/oz, down 12.4% on day. $XPD
Spot #silver plunges more than 3%, spot #gold down 1.7%. $XAU $XAG
Spot #palladium falls more than 16% to $2,362.66/oz. $XPD
Spot #gold < $1,950/oz. $XAU
Spot #gold rises more than $10 per ounce from session low to trade above $1,960/oz. $XAU

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More from @Sino_Market

Mar 14
#Breaking:
Ukraine and Russia can sign peace agreement within one to two weeks at the earliest and in May at the latest: CCTV cites Ukrainian presidential adviser
#Ukraine #Russia #RussiaUkraineWar
Russian side hasn't made response yet so far.
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Russia's territorial claims are unacceptable to Ukraine, Ukraine is ready to continue negotiations on remaining issues: CCTV cites Ukrainian presidential adviser
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Mar 14
JUST IN:
China's Yang Jiechi clarified China's position on Ukraine in meeting with US Sullivan: CCTV
#US #China #Russia #Ukraine
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Mar 14
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#China #US #Russia #Ukraine #NorthKorea
SENIOR BIDEN ADMINISTRATION OFFICIAL: SULLIVAN COMMUNICATING DIRECTLY AND PRIVATELY TO CHINA CONCERNS ABOUT SUPPORT COUNTRIES MAY BE PROVIDING TO RUSSIA. SULLIVAN'S CONVERSATION WITH YANG WAS "VERY CANDID".
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Mar 14
JUST IN:
Tsingshan Group has reached an agreement with a consortium of hedge bank creditors on a standstill arrangement: official statement
#CN_Update #nickel #nickelsqueeze #Tsingshan
mp.weixin.qq.com/s/mvACfxfbOPF1…
Tsingshan Group: In the course of the standstill period, Tsingshan and the consortium banks will progress discussions in relation to a standby secured liquidity facility intended principally for Tsingshan’s nickel margin and settlement requirements.
#nickel #nickelsqueeze
Tsingshan Group: For the period of the standstill, the participating hedge banks agree not to close out positions against Tsingshan or to make further margin calls in respect of existing positions.
#CN_Update #nickel #nickelsqueeze #Tsingshan
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Mar 14
China's most active nickel futures rise 3.5% in night session to 214,050 yuan/ton, thermal coal futures up 2.4%. #nickel #coal #CoalTwitter
Dalian coking coal futures fall 4.3% at night open, coke futures down 3.7%, iron ore futures down 3.6%, LPG futures down 3.2%, palm oil futures down 3.1%.
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Zhengzhou thermal coal futures trim intraday gains to 0.2% vs rise of 2.4% at open. #coal #CoalTwitter
Read 4 tweets
Mar 14
US 10-year treasury yield rises to 2.067%, highest since July 2019. $USD #US10Y
German bonds extend drop; 10y yield rises to highest since 2018. $EUR
Italy’s 10-year government bond yield rises to highest since February 23 at 1.948%, up 8 bps on day. $EUR
Read 4 tweets

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