Copper $ 5.5045 / lb 1.42%
Brent Crude Oil $ 60.07 / bbl 0.50%
Palladium $ 1769.5 / ozt -0.48%
Crude Oil $ 56.29 / bbl 0.70%
Natural Gas $ 3.907 / Btu -0.89%
Silver Futures $ 65.885 / ozt 0.72%
Aluminum Futures $ 2938.75 / ton 0.63%
Micro Gold Futures $ 4354.4 / ozt -0.23%
Micro Silver Futures $ 65.885 / ozt 0.71%
Platinum $ 1964.4 / ozt 0.58%
Gold Futures $ 4354.4 / ozt -0.21%
Go to MDC Markets

Near-term view on commodities rosier than reality, reports say

Henry Lazenby | February 12, 2024 | 9:27 am Battery Metals Markets Europe USA Copper Gold Nickel 

Macquarie Group’s analysis of January's purchasing managers' index (PMI) data suggests the global industrial cycle may be at a turning point following recent lows, potentially signalling a bullish phase for industrial commodities demand. Macquarie data shows that new global manufacturing...

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