California aims for 100% clean power by 2045, but recent data showed it's already reaching that goal for a few hours daily thanks to wind, water, and solar energy. In Germany, a similar milestone was achieved in 2018, when the entire grid was covered by renewable energy for the first time
Coal prices rise after Baltimore port closure due to bridge collapse; Consol Energy affected. Port is key coal export hub, metal imports also disrupted.
As the global shift toward greener energy alternatives gains momentum, Patricia Mohr, an economist, commodities expert and former vice president at Scotiabank, predicts a resurgence in demand for essential metals.
In the final session of the short trading week leading up to Easter festivities, U.S. equity indices held steady, reflecting some setbacks in market expectations regarding interest rate reductions.
US GDP revised upward in Q4 2023 but still slower than previous quarter. Weekly jobless claims lower than expected. USD index up 0.3% on hawkish Fed remarks.