Market Pulse - Commodities
Commodities: Copper clambers back atop 200-day moving average
Commodities moved higher as investors in the States returned from the long weekend and US-China trade talks got under way again in Washington D. C.
Yen dips on 'dovish' comments from BoJ chief
The Bank of Japan may be forced to consider easing monetary policy further if a stronger yen impacts on the outlook for inflation and the economy, the governor of its central bank said.
Commodities: WTI and copper jump
Energy and base metals futures pushed higher at the start of the week, helped by the apparently positive news-flow regarding the prospect for reduced tensions between the US and China on trade.
Week ahead: US-China trade talks, central banks in the spotlight
The markets' focus over the coming week will be on the continuing trade talks between the US and China, in Washington D. C.
88 Energy begins drilling at Winx-1 exploration well in Alaska
88 Energy kicked off drilling at its Winx-1 exploration well on the North Slope of Alaska on Friday.
BoE's Carney issues stark warning on risks from trade, China slowdown
Bank of England chief Mark Carney sounded a dire warning on Tuesday on what the costs of a full-blown trade war might be.
Andalas dives as acquisition progress falters
Andalas Energy and Power tumbled on Tuesday after its efforts to acquire the Bunga Mas PSC (PSC) prospect in Indonesia hit a snag due to a dispute with contractors at the site.
Tlou Energy completes first Lesedi well pod
Tlou Energy successfully completed the drilling of the its first development pod at its coal bed methane project in Botswana on Tuesday.
Russian and US foreign ministers to open Venezuela dialogue
Russian foreign minister Sergei Lavrov and US secretary of state Mike Pompeo will discuss the political situation in Venezuela on Wednesday, according to Lavrov.
Commodities: Futures slip as Chinese investors return from their break
Commodities started the week on a downbeat note, with investors treading cautiously ahead of the second round of US-China trade talks that had kicked-off earlier on Monday, in Beijing.
Savannah Resources reveals 'impressive' mineralisation at Portuguese lithium project
Savannah Resources climbed on Monday after confirming the continuity of lithium mineralisation at its Mina do Barroso lithium project in Portugal.
JP Morgan keeps BP and Shell as 'top picks' in EU Oils
Analysts at JP Morgan reiterated their 'overweight' stance on shares of BP and Royal Dutch Shell on Monday, telling clients that the 'cash cow' phase was now in "full swing", while pointing to continued deleveraging in the sector and the potential for further declines in cash 'breakeven' levels at the latter.
Altus Strategies jumps after forking over Cameroon licences
Altus Strategies climbed on Monday after the company terminated its joint-venture, Aucam Resources, selling its stake in mining licenses in Cameroon to joint-venture partner Canyon Resources.
Moody's ups rating on Russian Federation to investment grade
US credit rating agency Moody's joined peers Fitch Ratings and Standard&Poor's in assigning the Russian Federation an investment grade rating.
A 'sizeable distance' remains in US-China trade talks, Kudlow says
There remains "a sizeable distance" to go in US-China trade talks, US National Economic Council director, Larry Kudlow, said.
Trump calls on Congress to approve USMCA, grant greater trade powers
The US President called on Tuesday evening for lawmakers to support his revamped trade deal with Mexico and Canada, even as Congress moved to curtail his ability to impose new tariffs.
Keep adding to shares on Fed pause, JP Morgan says
Strategists at JP Morgan told clients at the start of the week to continue adding to their positions in stocks.
Energy and soft commodities gain, metals lower
Stronger-than-expected economic data out of the States for the month of January, together with a 'bullish' set of weekly oil rig count figures from Baker Hughes served to push most energy futures higher at the end of the week.