commodity prices

Elizabeth Moran

The AUD dropped harder and faster than other Asian currencies on Friday reinforcing its position as a liquid and flexible proxy for the Asia region. Right now the Australian economy is performing at its best in years which should be good news for the AUD, but the currency is sending... Show More

Nikko Asset Management Australia

As commodity prices have risen, the Australian economy is set to benefit from these continuing gains. Australia’s improving terms of trade has led to a big increase in nominal GDP, which is now growing at 6.1% year-on-year. As commodity prices have moved higher in the first half of 2017, this... Show More

Clime Asset Management

Retirement funding is becoming an ever-growing burden on government budgets and 10-year bonds are not offering a fair risk-adjusted return, even after recent corrections. Adding fuel to the flames – relentless foreign indebtedness growth, reliance on foreign equity, low inflation and wage growth, declining export commodity prices, record low cash... Show More

Livewire News

Mark Pervan Head of Commodity Research at ANZ has just returned from a China trip visiting steel mills and traders – “and the consistent view is that steel demand has peaked. Most concerns revolve around the weak real estate market…Slower than pledged infrastructure spending was also becoming a drag. Related... Show More

Angela Mangan

In last week's Wire, in the commodities area, the gold price was flagged as the (only) one that had the potential to generate a technical buy signal. Select gold stocks had already generated technical buy signals in a cluster in mid-September, which was a positive momentum indicator for the sector... Show More

Livewire News

Sentiment in the raw materials sector remains at ridiculously low levels, relative to the historical mean. The chart above, thanks to SentimenTrader, shows that the percentage of bulls is now at the lowest level in over a decade and half. Contrarians should definitely pay attention to the prices in coming... Show More

Pendal Group

The renewed weakness of commodity prices was taken by some as a sign that global economic growth may be faltering dramatically. It shouldn’t surprise that there is a strong link between commodity prices and global GDP growth, as shown in the left chart. Importantly, however, there is no evidence in... Show More

Nicholas Forsyth

Last night, Crude Oil fell 7.5%, Iron Ore 5.4% and Copper 3.5%, while US equities were only down ~0.5%, basically dismissing all things Greece. Trading opportunities in the commodities space may be the next buy signal this very volatile market generates. At MarketMatters we have repeatedly been predicting fresh lows... Show More