1. 09 Apr, 2018

    Markets breathed a sigh of relief

    President Trump’s trade policy towards China continues to throw up surprises. Markets breathed a sigh of relief in the middle of last week after conciliatory words from the White House’s National Economic Council Director, Larry Kudlow.

  2. 04 Apr, 2018

    Copper has recovered strongly

    With the UK week significantly shortened by the long Easter weekend, US equities traded down sharply on Monday amid continuing trade war concerns, and as tech stocks were under pressure amidst fears of rising political, regulatory and market challenges that could hinder the US tech industry’s growth.

  3. 03 Apr, 2018

    Brent sharply down

    Mayhem in equity markets continued over the bank holiday weekend as the S&P 500 broke through its 200-day average for the first time since 2016.

  4. 03 Apr, 2018

    Aluminium trading as low as 2,033 $/MT

    Metals (and wider markets) continue to be hampered by developments in the Trump administration’s trade policy. Last Thursday, the US announced plans to impose tariffs on up to $60bn in Chinese imports, and to limit the country’s investment in the US in retaliation for years of alleged intellectual property theft.

  5. 03 Apr, 2018

    Brent trading up to 70 $/b

    Over recent weeks, oil prices had tended to move in sympathy with equites, but lately this relationship has broken down. While equities have tumbled particularly in the wake of the Facebook scandal and Trump's announcement of trade tariffs on China, oil has rallied strongly.

  6. 03 Apr, 2018

    Aluminium has continued its downward path

    Metals have seen a move lower across the board this week, led by weak Chinese property data, further weakness in equity markets and a stronger dollar.

  7. 29 Mar, 2018

    Brent rallies over 66 $/b

    The International Energy Agency (IEA) released its monthly report last week. The agency has continued to increase what had been a below consensus forecast for 2018 demand.

  8. 29 Mar, 2018

    Copper continues to trade either side of 7,000 $/MT

    Last week saw a confirmation, and some clarification, of the import tariffs placed on Aluminium and Steel by the Trump administration.

  9. 29 Mar, 2018

    oil rallied strongly

    After Brent tested trend-line support at 63.50 $/b in the middle of last week (while US crude tested 60 $/b), oil rallied strongly on Friday as risk appetite improved in asset markets globally, indeed the NASAQ set a fresh all-time high.

  10. 29 Mar, 2018

    Zinc has seen a sharp fall

    Aluminium and steel have been the big story for global markets to digest in recent days, and to which a fresh sell-off in equities has largely been attributed. Despite this, prices for both commodities have been remarkably quiet on the week.