Market Pulse - Commodities
Sector movers: Industrial Metals and Mining stocks lead gains
Industrial metals and mining stocks paced gains in the last session of the week on reports of falling copper and zinc stockpiles in Shanghai, amid speculation demand for steel might be set to head higher.
Commodities: Crude rises on reports of Russia compliance with Opec output limits
Crude-oil futures are higher on Friday as traders liked reports Russia has complied with Opec output limits, and also on hopes the cartel will extend its production cut pledge.
Bank of America- Merrill Lynch sees FTSE 100 at 7,750 in 12 months
Bank of America-Merrill Lynch thinks demand for commodities and the global cycle will push the FTSE 100 to 7,750 points in 12 months' time.
Commodities: Crude futures slump on reports of two Libya oilfields resuming output
Crude-oil futures slumped more than 2% on Thursday afternoon as a report said two key oilfields in Libya have resumed pumping against a backdrop of rising US shale output and the now chronic global glut.
Sector movers: Oil majors act as drag on market as Brent futures slip
Oil stocks and Cyclicals weighed on the market as news flowed in that Libya's main oilfield, Sharara, with a production capacity of 300,000 barrels a day, had come back online after an armed group that was protesting by blocking its pipelines stopped doing so.
Brent futures drop after as Libya's Sharara oilfield comes back online
Crude oil futures dropped following a report that a key oilfield in Libya had restarted production.
Commodities: Crude bounces off lows as EIA data shows fall in US inventories
Crude futures bounced off earlier lows on Wednesday afternoon as US Energy Information Administration (EIA) data showed a surprise fall in inventories last week.
WTI futures spike higher following DoE inventory data
US crude oil inventories fell sharply last week despite rising imports as product stockpiles continued to build.
Canaccord highlights potential in Rockhopper and Eland Oil&Gas
Analysts at Canaccord Genuity highlighted the favourable prospects for junior oil explorers Rockhopper and Eland Oil&Gas.
Commodities: Crude futures tend lower ahead of much-watched API data
Crude-oil futures were tending lower ahead of industry stores data from American Petroleum Institute later on Tuesday.
JP Morgan upgrades Weir Group to Outperform
JP Morgan revised its target price on shares of oil equipment manufacturer Weir Group, judging that it had been too cautious regarding the firm's near-term pricing power.
Commodities: Gold markedly lower on Macron's first-round win in France presidential vote
The price of gold was markedly lower on Monday afternoon as investors reacted with ecstasy to centrist and pro-EU candidate Emmanuel Macron winning the first round of France's presidential election.
Shell inks deal to help finance Nordstream 2 pipeline
Five European energy outfits, incluging Royal Dutch Shell, agreed to provide Nordstream 2 AG up to €950. 0m of funds to help build the new pipeline linking Russia's natural gas reserves directly with European consumers, roughly doubling the existing capacity of Nordstream 1.
Goldman Sachs sees upside risks to production at Centamin
Analysts at Goldman Sachs told clients Centamin was their top-pick in the precious metals space as its open pit grade begins to ramp up in the second quarter of 2017 - with posible upside to production targets - and ahead of the likely return to investors of most of its cash.
Commodities: Oil breaks three-week streak of gains, gold holds its ground
Crude oil futures were in a funk again heading into the weekend, amid 'market chatter' around declining demand and concerns that Russia might yet scupper a deal by the world's largest oil producers to continue reining in their production.
Analysts differ on forecasts for China's FX reserves
Capital outflows from China slowed significantly over the past two months, Capital Economics estimated, telling clients that the country's fight against them might be nearly over, but Oxford Economics disagreed.
Strategic Minerals enters cash generative phase, shares jump
Shares in Strategic Minerals leaped higher after the company said it had entered a cash generative phase and was considering new projects.
Barclays believes worst of iron ore price slide over, positive on mining
Analysts at Barclays sounded a positive note on the EU mining sector, flagging the potential for large cash returns from Glencore, S32 and Rio Tinto over the medium-term.
Shell dividend to come back into focus in 2017, Cannacord says
Cannacord Genuity sounded a cautious note on shares of Royal Dutch Shell's B shares pointing out the company's lack of free cash flow and mounting debt pile given its current dividend payouts, telling clients it preferred BP instead.
Sector movers: Oil service stocks, General retailers lead falls
Oil service stocks accounted for most of the selling pressure on the FTSE 350 on Thursday as investors booked some profits on the group following recent losses in crude futures.