China’s copper demand apparently remains robust, which is at odds with recent economic data. The practice of borrowing cash against copper stockpiles suggests some misled assumptions with regard to supply-demand.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A glance through the latest expert views and predictions about commodities with arguments prices are not reflecting demand, expectations for more volatility and updates to forecasts and ratings.
A brief look at important company events and economic data releases next week.
In a QE3 vacuum, Australia’s trade deficit and a weak Spanish bond auction were cause for global concern last night. Dow down 124. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities with updates on Chinese commodity markets, why nickel may be cheap, upside for PGMs, met coal and broker updates.
Chinese and US manufacturing data spurred on a positive opening to the June quarter. Dow up 52. (Accessible only for subscribers before 10:15 AEDT)
A big jump in China’s official manufacturing PMI belies a fall in HSBC’s independent calculation. The official number appears to counter recent hard landing fears, but what is really going on?
FOREX.com has offered its expectations for the June quarter, seeing a tougher outlook for equity prices but a solid outlook for commodities.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.