Nickel Extends Biggest Weekly Drop Since 2011 as China Manufacturing Expansion Slows
Nickel – Bloomberg reported that nickel dropped in London after figures showed that China’s manufacturing expansion was at its slowest in four months.
Articles Tagged "Commerzbank AG"
Nickel Falls in London on Signs of Ample Supplies
Nickel – Bloomberg reported that nickel fell in London as LME data shows stockpiles have climbed 7.8% this year, and may leave ample supplies.
Zinc May Climb to $2,736, Commerzbank Says: Technical Analysis
Zinc – Bloomberg.com reports that a techincal analysis by Comerzbank AG predicts that zinc may climb to $2,736 a metric tonne, which would equal a 9.9 % increase from it’s current price. The story is quoted as saying: Zinc has maintained upside pressure following the break above the four-year resistance line and the 200-week moving average,” Axel [...]
Palladium, platinum alternative investments
Palladium – Gold fluctuated near a record in London on concern that the metal’s advance as an alternative investment to a weakening dollar may have been overdone. Platinum and palladium are more attractive than gold in the long term as the metals may benefit from wealth protection and increasing industrial demand, Commerzbank AG analysts including Eugen Weinberg [...]
