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"Markets are still only pricing in a 30% chance of a June hike"

"Markets are still only pricing in a 30% chance of a June hike"

“Commodity prices fell back in the past week after the release of the minutes from the April FOMC signalled

Politics

23 MAY 2016
"Yellen might well wait for more convincing evidence of a sustained pick-up in the economy and a resolution of Brexit risks before pulling the trigg...

"Yellen might well wait for more convincing evidence of a sustained pick-up in the economy and a resolution of Brexit risks before pulling the trigg...

The comments come after minutes from the latest US Federal Reserve meeting suggested a hike in rates

Politics

19 MAY 2016
"A spoonful of liquidity helps commodities rebound … in the most unhelpful way"

"A spoonful of liquidity helps commodities rebound … in the most unhelpful way"

“[F]inally fundamentals are no longer getting worse,” the bank said.  “The underlying situation, however,

Politics

19 MAY 2016
De Beers and Namdeb agree new sales accord

De Beers and Namdeb agree new sales accord

Diamond producer seals longest ever pact with Namibia

Politics

18 MAY 2016
RBC: Weve seen the worst

RBC: We've seen the worst

Better things to come but seasonal weakness to endure, first

Politics

16 MAY 2016
"The markets protest too much"

"The markets protest too much"

A ‘Market Commentary’ note containing 15 charts – covering precious and base metals; the equity, currency

Politics

15 MAY 2016
"Chinese authorities are keen to talk down commodity prices … when ... preparing to buy steel and copper on a relatively large scale"

"Chinese authorities are keen to talk down commodity prices … when ... preparing to buy steel and copper on a relatively large scale"

A Reuters report quoted the Chinese Commerce Ministry as saying external demand remained weak and the

Politics

10 MAY 2016
Potash oversupply hits Intrepid

Potash oversupply hits Intrepid

Market headwinds lead miner to cut production

North America

10 MAY 2016
"The yo-yoing of iron ore prices has provided a perfect excuse for momentum traders to book profits and flee to safer pastures"

"The yo-yoing of iron ore prices has provided a perfect excuse for momentum traders to book profits and flee to safer pastures"

Exports and imports were down 1.8% and 10.9% respectively on the back of weak demand, according to the

Politics

10 MAY 2016
"We know the breakneck growth we saw back in 2010 will never come back again"

"We know the breakneck growth we saw back in 2010 will never come back again"

The March quarter saw an increase in excavator sales, and that was before the stimulus was announced,

Politics

06 MAY 2016
"The new claim will likely create uncertainty toward BHP Billiton and a challenge for our positive stance"

"The new claim will likely create uncertainty toward BHP Billiton and a challenge for our positive stance"

Brazilian prosecutors this week filed a civil suit for US$43.5 billion against Vale, BHP and Samarco

Politics

05 MAY 2016
"Its as if the Arab Spring never happened"

"It's as if the Arab Spring never happened"

A survey of nearly 11,000 adults in nine countries and territories showed the majority of people (61%)

Politics

03 MAY 2016
"If we dont solve it we are staring at some very bad consequences for the taxpayer ... We are staring at a huge economic and social disaster"

"If we don't solve it we are staring at some very bad consequences for the taxpayer ... We are staring at a huge economic and social disaster"

“If we don't solve it we are staring at some very bad consequences for the taxpayer ... We are staring

Politics

28 APR 2016
Forces move in on Buriticá illegal miners

Forces move in on Buriticá illegal miners

Colombia gold explorer hopes to be catalyst for change

"Production volumes close to stagnation amid renewed slowdown in new business growth"

"Production volumes close to stagnation amid renewed slowdown in new business growth"

The data also included the weakest rise in manufacturing employment since June 2009.  PMI was 50.8

Politics

26 APR 2016
Massive steel rebar trades in China

Massive steel rebar trades in China

Reuters cited analysts who said much of the recent price and volume gains in Chinese commodity futures

Politics

25 APR 2016