Monday, August 28, 2017

Gold Breakout

 
VLCC Tanker Rates

QUICK OVERVIEW


  • (WAPO) North Korean missile flies over Japan, sharply escalating tensions and eliciting an angry response from Tokyo..

  • (FX Street) State Farm, Liberty Mutual and Allstate are the insurers most exposed to losses from Hurricane Harvey.

  • (Guardian) Kenyans producing, selling or even using plastic bags will risk imprisonment of up to four years or fines of $40,000 (£31,000) from Monday, as the world’s toughest law aimed at reducing plastic pollution came into effect.

  • (FT) The Chinese population in Africa is now in decline as workers return to China because of falling commodity price.

  • (FT) The UK generated more electricity from wind turbines than from burning coal last year — a first.

  • Trump’s high-level business advisory groups have fallen apart.

  • Trump has abandoned plans to create an infrastructure advisory council.

  • Japan, the world's third-largest economy expanded by a much stronger-than-expected annualized rate of 4.0% in April-June --  its longest uninterrupted run of growth in a decade,

  • (Scientific American) The world can expect 3 to 7% less crop yield for each degree rise in temperature