Market Pulse - Commodities
Berenberg ups rating on BHP, downgrades Gem Diamonds
Berenberg has upgraded BHP to 'buy' and downgraded Gem Diamonds, following a review of its stance on precious metals miners.
Saudi, UAE spat unlikely to result in breakdown of OPEC+ discipline, Morgan Stanley says
OPEC+'s failure to reach an agreement on raising production two days before is unlikely to herald the start of a price war between its members, analysts at Morgan Stanley said - but there were medium-term risks.
HydrogenOne Capital Growth to pursue London listing
HydrogenOne Capital Growth will become the first London-listed investment fund focused on clean hydrogen if its plans to float succeed.
IMF sees Fed starting rate hikes in late 2022 or early 2023
The International Monetary Fund joined those who believe that America's central bank should start hiking interest rates towards the end of 2022 or the start of 2023 amid a quick rebound in economic growth.
China PMI slips in June amid supply chain issues
Chinese manufacturing sector activity slipped to a three-month low in June, the results of a closely-followed survey revealed.