FOMC Minutes Highlight Concerns Around Trade Wars

While the Fed has confirmed its commitment to normalising monetary policy, the US Dollar traded lower in response to the release of the latest FOMC meeting minutes which revealed concerns among the rate setting committee. Members of the Federal Reserve Board highlighted their concerns about the potential impact of a global trade war, specificall...

2018-04-16 James Harte Read more
Rolls of copper wire

Copper: Copper Hits Highest Level Since 2014 The red metal continued its expansion higher this week, surging to fresh four-year highs with gains on the year now more than 19%. As global growth continues to strengthen, demand for the industrial metal is growing. Data out of China recently, the largest global consumer of copper, has been improvin...

2017-08-25 James Harte Read more

Copper: The Rally Continues As Supply Disruptions Worsen Copper prices surged higher yet again this week hitting their highest levels since 2014 as supply factors and USD weakness contributed to increased demand for the red metal. Midweek, Freeport McMoRan reported that flash floods at their Grasberg site in Indonesia had wrecked roads, bridges...

2017-08-18 James Harte Read more