Markets reporter Jared Blikre takes a look at the S&P 500's market gains, forecasting notes from Goldman Sachs, volatility, the U.S. dollar, and how the Japanese yen is trading in currency markets.
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The London Metal Exchange's (LME) global warehousing network is shrinking rapidly. Over the past year the number of registered storage units has slumped from 604 to 472, the lowest in at least a decade, with the collective retreat reflecting the diminishing pool of metal to be stored. Less metal, particularly aluminium, also means less opportunity to profit from the LME's arcane load-out rules.