The energy market goes crazy (again!) as the US & UK consider an oil ban while the EU plans to cut Russian gas imports by 2/3 in a year.
NICKEL SHORT SQUEEZE
Nickel, used in stainless steel and electric-vehicle batteries, surged as much as 250% in two days! A Chinese tycoon who built a massive short position in the nickel market is apparently facing billions of dollars in mark-to-market losses as a result of the surge in prices.
Most Important Gas Pipelines In Europe
Russian Deputy Prime Minister Alexander Novak has threatened to cut off natural gas supplies to Europe through the Nord Stream 1 pipeline in retaliation to Germany’s decision to block the operation of the new Nord Stream 2. Novak said “It is absolutely clear that a rejection of Russian oil would lead to catastrophic consequences for the global market”, even stating that oil could reach $300/bbl!
APPLE WHAT TO EXPECT TODAY?
Apple (NASDAQ:AAPL) is poised for its first live stream event of 2022 with rumors suggesting the company will announce a new third-generation iPhone SE with 5G.
Nickel The New GameStop!
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