Industrial minerals market stabilises but still vulnerable

• Autores: Wayne Yamada
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 554, 2013
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • "We do not expect any significant bullish commodity-intensive surprises at the November meeting. Furthermore, the property market has been booming for the past year, and may be'reined in' over the next six months," Goldman Sachs said.

    "Positively for commodities, the risks of a China hard landing have receded, but the recent pick-up in activity is likely to prove short-lived as the government's boost to lending fades," the bank said.

    "In the very near term, the US economic recovery and resulting withdrawal of QE (or anticipated QE withdrawal) may act as a drag on economic growth in some emerging market economies," according to Goldman Sachs.