Oil supply glut good news for investors
Oil prices will be stuck around $50 per barrel for the next five years, leaving investors to take advantage of low prices and hedge against volatility, predicts WisdomTree research analyst Nick Leung.
Oil
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Forecasts frustrated by too many unknowns
Caution should prevail while economists struggle with forecasts in a climate of too many unknowns, according to François Duhen, chief economist and strategist at Swiss banking group Crédit Mutuel-CIC.
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Russian stocks rally as Trump policy priorities take shape
The Russian equity market has bounced back remarkably in recent months. Is this just another symptom of the ‘Trump rally’, or are there other, more structural reasons for this revival?
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ANALYSIS: Is commodities a key call for 2017
2016 has been a good year for commodities. Year-to-date, the FTSE World Mining index is up just less than 56% in dollar terms, while the FTSE oil and gas index is up just less than 20%.
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Gold alternatives in the post-Brexit world
With gold having been one of 2016’s most popular defensive strategies against persisting low returns and the struggle for income, Legal & General Investment Management’s multi-index fund range manager Justin Onuekwusi outlines four alternatives to gold for the post-Brexit world.
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Crude bull market depends on sentiment and Saudi delivery
The price of brent crude broke through $50 (£38, €44) per barrel on Thursday afternoon prompting headlines writers to tout oil’s return to bull market territory.
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Abu Dhabi maintains strong credit rating despite oil slump
Abu Dhabi has maintained its AA/A-1+ sovereign credit rating as oil prices recover from their record low levels.
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Commodities reigniting, but buyer beware
Global resources fund manager Benoit Gervais is adamant the commodities sector is about to be reignited but advises caution while recovery is nascent.
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Mirae joins parade of oil ETFs in Hong Kong
After recent oil ETF launches by China’s CSOP and Samsung AM in Hong Kong, Mirae Asset Global Investments has followed with its own product.
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Saudi Arabia set to approve economic transformation plan
Saudi Arabia’s National Transformation Plan, the major part of the “Vision 2030” reform agenda announced by deputy crown prince Mohammed bin Salman in April, is expected to be approved by the government on Monday, according to media reports.
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ANALYSIS: Supply the key in commodities conundrum
Oil’s recent jaunt through $50 a barrel, its highest level since November last year, highlights once again how suddenly things can change, particularly when it comes to the commodities complex.
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Oil ETFs roll out in Hong Kong
South Korean-based Samsung Asset Management and Mirae Asset Global Investments along with China’s CSOP Asset Management are among the firms planning to launch crude oil exchange traded funds (ETFs) in Hong Kong.