The LME Nickel Crisis with Jack Farchy

The LME Nickel Crisis with Jack Farchy

On March 8th 2022, Nickel prices spiked 100% to $100,000 a tonne in a matter of hours, triggering billions of dollars in margin calls and threatening the very existence of the exchange. The LME took the unprecedented, and controversial, step of cancelling all trades made that day. A decision which enraged some but saved the exchange and the shorts, creating a cascade of legal battles continuing to this day (we recorded this episode prior to the UK’s FCA announcing an official investigation into misconduct). What started the crisis? Who was Mr Big Shot? What were the events that surrounded the run up in prices and how did it unravel the structure of the LME? Did the LME pose a systemic risk? What has been the fall out? Our guest is Jack Farchy, Senior Correspondent for Commodities at Bloomberg, who takes us through the crisis.

For related content and to find out more about HC Group, a search firm dedicated to the energy & commodities sector, visit https://www.hcgroup.global

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(330)

Sanctions Strait Talk with David Tannebaum

Sanctions Strait Talk with David Tannebaum

The dark fleet was on the ropes with enforcement risking military boardings after Venezuelan oil sanctions started to be lifted. Then with the attack on Iran, business started booming again as ships a...

7 Mai 50min

Commodity Trading’s Bumper Q1 with Archie Hunter

Commodity Trading’s Bumper Q1 with Archie Hunter

Today we have Archie Hunter, journalist at Bloomberg who covers commodities, joining the show to get his take on current events, as well as the recent FT Global Commodities Summit, and compare notes o...

5 Mai 38min

Escalation Impotence with Doomberg

Escalation Impotence with Doomberg

Doomberg returns. The US is mired in a war that it, nor its allies, can afford to escalate. Exposing the fragility of the global economic order, underpinned by delicate energy infrastructure. China, l...

29 Apr 1h 11min

Notes from the FT Global Commodities Summit with Paul Chapman

Notes from the FT Global Commodities Summit with Paul Chapman

In this episode, host of the HC Commodities Podcast, Paul Chapman, shares his notes and reflections from the FT Global Commodities Summit, which he just attended in Lausanne, Switzerland. Drawing on p...

22 Apr 40min

Announcements, Events and Q1 Reports

Announcements, Events and Q1 Reports

Register your interest for Bloomberg and HC Group's metals trading event: https://go.bloomberg.com/join/invite/metals-pricing-the-narrative-vs-pricing-the-physical/ Access HC Group’s Q1 Market Review:...

15 Apr 4min

Europe’s Power Trading Outlook with Xavier Veillard

Europe’s Power Trading Outlook with Xavier Veillard

Today, we return to the European energy markets, in particular, power. How has European power demand fared since COVID and Russia's invasion of Ukraine? What has that done to power markets themselves ...

14 Apr 46min

Tungsten with William Parry-Jones

Tungsten with William Parry-Jones

Tungsten is vital to military hardware and industry, including oil drilling. Yet, prices have risen tenfold in the last year, threatening both. This is a story of China's production capture, now wield...

7 Apr 42min

Copper & Gold: Pricing the physical vs the narrative with Grant Sporre (Episode 300!)

Copper & Gold: Pricing the physical vs the narrative with Grant Sporre (Episode 300!)

In Episode 300, we take two metals - copper and gold - and compare and contrast their price journey. How does the physical supply and demand story compare to the investor narrative that drove prices t...

31 Mar 51min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-pa-konto
rss-skravla-gar
pengepodden-2
finansredaksjonen
pengesnakk
utbytte
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
rss-sunn-okonomi
rss-markedspuls-2
lederpodden
okonomiamatorene
livet-pa-veien-med-jan-erik-larssen