Overview: Cyclical commodity prices lifted last week, following signs that the global economic recovery is gaining pace. PMIs indicating that the manufacturing sector is expanding in the US, China and Europe boosted industrial metal and energy prices. The US…
Dividend Deluge Many income-starved investors have turned to dividend stocks as bond alternatives. Exchange-traded products (ETPs) focused on dividends have rushed to meet this demand….
Commodity ETPs see record outflows as real US Interest rates riseCommodity ETPs saw record outflows in Q2 2013, as real interest rates rose in the US on expectations of an early end to Fed bond buying, and a strengthening of…
Overview: Commodity performance continues to be mixed as investors weigh concerns over the sustainability of Chinese growth against a broadening of the US economic recovery and possible reduction in Fed bond buying. The three major central bank meetings this ……
Overview: Bernanke’s testimony to the US Congress emphasised that the Fed’s massive bond-buying programme is not on a “preset course” and can be expanded or reduced as conditions warrant. Most observers took his testimony to be dovish, which pushed…
Overview Commodity ETPs last week experienced the smallest outflows since the first week of June, as dovish comments by Fed Chairman Bernanke took upward pressure off bond yields and the US dollar. Also supportive of sentiment towards commodities was higher…
– Starting on May 22nd, Ben Bernanke’s remarks about the Fed tapering its bond buying program set global investors into flight from a variety of asset classes……..
Overview Strong June US payroll numbers last week sent precious metals lower as US bond yields and the US dollar surged. Forward guidance offered for the first time by the European Central Bank and the Bank of England (the latter…