The Week In Metals: Inauguration Edition

Early in the week Trump broke with traditional protocol for presidents and presidents-elect and said he desires a weaker U.S. dollar. Since the Carter administration, the Federal Reserve has enjoyed relative autonomy in setting the value of the currency, or even talking about its value, as even comments about it by previous presidents have moved the dollar’s value erratically.

True to form, Trump’s comments helped sink the U.S. dollar index by 1% vs. other major currencies. However, our Raul de Frutos helpfully points out this breach of protocol is good for metal prices as is a weaker dollar.

Afternoon Coffee: Supply Chain Finance Goes Mainstream, Oracle Acquires API Integration Company

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Taulia and Greensill Capital were recently featured in The Economist, in an article examining how fintech is helping resolve payment tensions between buyers and suppliers. Software giant Oracle announced Friday it would acquire Apiary, whose APIFlow solution provides the framework and tools for developing application programming interfaces (APIs) that share enterprise services and data. Afternoon Coffee brings you the latest procurement and supply chain news.

Business Intelligence to Transform Procurement