Digging for a solution to the gold mining reserve crisis The gold industry finds itself at an inflection point between the recent era of cost out initiatives and balance sheet deleveraging, and an increasing need to focus on growth and
Trade talk optimism lifts prices, but price gains become smaller We think that in the months ahead, commodity prices will be influenced by the trade deal narrative. Positive news from the talks will lift commodity prices further (such as industrial
Investment insight Blue paper After a long lacklustre period during the 1980s and 1990s, the price of gold has picked up signifi cantly since the new millennium, and central banks, after having steadily reduced their allocation to gold, have resumed
Reference Case Energy systems around the world are going through rapid transitions that will bring important changes to the way we fuel our cars, heat our homes, and power our industries. These trends will have widespread implications for businesses, governments,
Commodity Monthly Monitor Following the reopening of the United States (US) Government after its shutdown, this report covers a period of three months. A lot has happened in that time frame. The market has been operating without data from both
Conclusion The asset class linked to gold is generally not the most attractive (no returns on metals, company dividends quite small) and is thus often limited to specialists or investors who have experienced serious financial crises and who understand the
Market flash Risk assets pushed higher at the beginning of the week as Chinese investors returned to their desks after a week of New Year celebrations. Their upbeat mood was bolstered by indications that Donald Trump might be prepared to
Commodity prices trends are set to reverse Last year, agriculture, industrial metals, and precious metals were the big losers, while energy prices were strong – at least for the first three quarters. This year, however, that trend looks set to
Once again, political and economic uncertainty is pushing to the fore gold’s attractions as an investment haven. But this time investors wanting to allocate capital to the precious metal have a better option than just buying bullion bars or futures
Global Commodities Investors that receive our monthly reports will know that we have been relatively cautious on the crude complex over the last few months. However, despite our near-term caution we did not expect crude oil prices to fall by
Weekly Commentary Oil prices could be close to a trough and we see selected opportunities emerging ahead of a recovery. The U.S. and China put further tariffs on hold for 90 days. We see this boosting risk assets in the
Investment Grade Debt Update Concerns regarding slowing global growth were exacerbated by a sharp fall in oil prices, while in the UK, a wave of government resignations overshadow a Brexit deal.
Weekly digest Amidst all the Brexit-related headlines and discussions of trade wars, a steep decline in the oil price has gone by relatively unnoticed. Brent crude, the international benchmark, peaked at 86 dollars a barrel in October and since then
The Weekly Brief Doubts about global growth eventually caught up with oil prices when supply risk unexpectedly eased. Over the summer, spiking oil prices and assurance from the U.S. that no sanction waiver on Iran crude imports would be granted,
October 2018 It was an exceptionally good month for commodities. The main driver of the positive return generated by the general commodity indexes was oil. In September, Brent increased 7.4% and WTI rose 4.9%. With Venezuela imploding and the almost
Supply tightness aids cyclical commodities Commodity prices gained 1.3% last month, lifted higher by the cyclical sectors, energy and industrial metals. Meanwhile gold prices stabilised, removing a prior source of negative weight on the commodity complex. The US Dollar basket
Global markets and multi-asset portfolios Oil market dynamics have diverged between West Texas Intermediate, where the front end of the curve has been in extreme backwardation, and Brent crude, where last week’s sell-off flattened the futures curve. This suggests tighter
Global markets and multi-asset portfolios Oil market dynamics have diverged between West Texas Intermediate, where the front end of the curve has been in extreme backwardation, and Brent crude, where last week’s sell-off flattened the futures curve. This suggests tighter
CIO Thoughts: On track, but troubled In most news flows and investor discussions, economic data continue to take a back seat to events unfolding in the political sphere. As we learned in so many of the political crises of recent
Investment strategy third quarter 2018 Global growth remains well sustained and the business cycle is set to extend further. However, headwinds are firming up with growing political risks and tighter USD liquidity, a challenge to stretched valuations on many markets. On
On the markets Mounting trade war rhetoric and the actual roll-out of measures against China dominated market sentiment. Talks with the EU are still ongoing, but Washington has already indicated that it could withdraw planned tariffs on EU car imports
Eaton Vance Monthly Market Monitor presents a concise review of economic and asset class data through clear and impactful charts. Providing timely information across a broad array of markets and investment topics, this guide serves as a helpful resource in
Global Investment Event Since mid-2017, oil prices have been on an upward trend. Strong oil demand growth, OPEC-led production cuts, and collapsing production in Venezuela have contributed to this Despite significant uncertainty around the oil price outlook, it is likely
Emerging Countries – Monthly News Digest The oil price has risen sharply in recent weeks. “Dated Brent”, the benchmark price for physical transactions in the international market (except for the United States) topped 75 dollars a barrel last Monday. Speculation,
Investment Talks Oil price: We confirm our target price for the next 12 months in the range of $60-70 per barrel. Geopolitical risks have pushed the price up above 70$ per barrel in the past weeks but the overshooting phase
