BOM News and Press, DB Base Metals Double Short ETN From 03/31/19

By CME Group The price of copper has long been viewed as a bellwether of global economic growth, given its widespread use in our everyday lives. Its relative abundance and affordability, combined with its ductility, malleability, resistance to corrosion and heat, and electrical conductivit...

Original Post By Stuart Burns There seems to be no holding copper. The metal's price hit an eight-month high this month, helped over the line by the Federal Reserve dropping plans for further interest rate hikes this year. But much of the rise seems to be on the back of positive inve...

Original Post By Sohrab Darabshaw As if cheap steel imports from the Association of Southeast Asian Nations (ASEAN) was not enough of a problem to handle, India's steelmakers are now fretting over heavily discounted steel imports coming in from Iran, a country that is under economic ...

Original Post By Stuart Burns Stock and currency markets have been a little perkier the last week or so as expectations rise of some form of Chinese stimulus to boost demand - and, hence, global growth. That optimism, though, may be somewhat misplaced. China has limited scope for d...

By Bluford Putnam Could the USMCA accord among the US, Canada and Mexico, and a potential US-China trade deal get approval from the Democrats-led House of Representatives? Editor’s Note: The summary bullets for this article were chosen by Seeking Alpha Read more ....

Original Post By Sohrab Darabshaw The railways sector is one of the high-growth areas in India so far as infrastructure is concerned. Much of it still runs on a setup that its former colonial ruler, the British Empire, left behind, and then some. In a bid for modernization, which i...

Original Post By Sohrab Darabshaw Last week, MetalMiner reported on the challenges India's steel companies face in the form of cheaper imports, and their desire for the Indian government to impose an import tax. The woes of India's aluminum producers, too, are similar. Primary ...

Original Post By Stuart Burns You can't please all of the people all of the time and the more people you are trying to please the harder it gets. When you are the largest and oldest metals exchange in the world and are trying to balance often competing priorities of a very div...

Original Post By Stuart Burns Two major dam disasters in three years are enough to put the frighteners on investors and get the media abuzz with talk of supply-side shortages. Yet, as small as Vale's (VALE) production loss is, the fact remains the market is relatively tight, and su...

The price of copper made some progress on the upside last week as the price rose above the $2.80 per pound level on the nearby COMEX futures contract. Copper started the year with a move to a new low at $2.5430 per pound on January 3 but has been moving higher since that bottom. The price of...