eu usa tradewar

While the key focus so far this year has been on the on-going trade disputes between the US and China, focus is now shifting back toward Europe where the outlook is darkening. Not only is Europe currently facing more political turmoil due to the on going Italian elections debacle, the EU now finds itself on the brink of a trade war with the US, ...

2018-05-31 James Harte Read more
USD Rally Continues As Q2 Outlook Picks Up

As we’ve seen across most of the developed countries, US Q1 economic releases highlighted some weakness in performance. A combination of an aggressive protectionist skew in president Trump’s policies along with volatility in financial markets, weighed on USD over the first three trading months of the year. However the USD rally continues as Q2 o...

2018-05-11 James Harte Read more
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