Commodities Buzz: Chilie Copper Output Rises 19% In Q1 2018

Copper output in Chile, the worlds top producer and exporter, rose 18.9 percent in the first quarter of 2018 from the same period a year earlier to 1.42 million tonnes. Trump and Chinese President Xi Jinping discussed ongoing trade issues, as both sides continue to position themselves amid a heated feud over tariffs between the worlds two largest economies.

The Federal Reserve is entering new terrain in its post-crisis planning: how to describe the conditions under which it would try to slow the economy and to do so without alarming financial markets. The growth outlook for Asian economies remains strong, but the region is vulnerable to sudden tightening in global financial conditions, further market corrections and a shift towards protectionist policies, the International Monetary Fund said.