April 2020

MORNING VIEW: Metals start week on firmer footing but in low volumes due to China holiday

Three-month base metals prices on the London Metal Exchange were up across the board this morning, Monday April 6, as were gold and silver prices.

MORNING VIEW: Markets volatile, skeptical about Trump’s oil talk; traders brace for US employment report

Markets are mixed and on average weaker this morning, Friday April 3, after the rally on Thursday following a 20% rise in oil prices faded.

MORNING VIEW: Markets quiet as traders brace for US unemployment data

Markets seem to be in the calm before the United States employment data storm this morning, Thursday April 2, with metals prices mixed, trading volume low and not much movement on equity indices for a change.

MORNING VIEW: Volatility in metals prices likely to increase ahead of key economic data

China’s Caixin manufacturing purchasing managers’ index (PMI) was released earlier on Wednesday April 1; it rebounded to 50.1 in March from 40.3 in February, which supports the rebound in the official PMI data released on Tuesday - another sign that purchasing managers reported conditions were just “better” in March than they were a month earlier.