Commodities: July 26, 2010
Industrial demand has long been commonly accepted as the key factor in the setting of base metal prices. In recent years, though, the secondary importance of investment demand in setting prices has increased markedly. This has
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Commodities: July 19, 2010
Bill Gross runs Pimco, the biggest bond fund manager in the world. He has coined the phrase “New Normal” to describe the current environment of ongoing low economic growth while the world collectively repays the debt it incurred
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Commodities: July 12, 2010
One equity trader musing on the six per cent rise in the UK stock market last week commented that observers should not assume the absence of bad news is good news. However, that is exactly how markets work. Once all the bad news
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Commodities: June 21, 2010
Here’s a premise. Companies survive and thrive in democratic capitalist countries by providing goods and services. These are then sold for prices that, all being well, exceed the cost of providing them. If the goods turn out to
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Commodities: June 14, 2010
Trust, or the lack of it, seems to be the defining feature of capital markets these days. BP’s novel approach to uncertainty, admitting it does not have all the answers yet, has not played well. President Obama just want to kick
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