BHP Billiton Says Commodity Markets Will Fall
CNBC reported BHP Billiton (ASX:BHP,LSE:BLT) said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy.
CNBC reported BHP Billiton (ASX:BHP,LSE:BLT) said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy.
Reuters reported on commodities trading on Monday noting nickel has jumped eight percent extending its rally to two days.
Reuters reported commodities rebounded on Monday after the huge selloff of the previous session, with nickel staging a big rally.
Bloomberg reported nickel and other metals are expected to increase on higher demand in China as the country's consumption shifts based on a Barclays analysis.
Bloomberg reported on commodities trading around the world on Wednesday, noting nickel and other base metals edged up.
Bloomberg reported a preview of commodities trading on the London Metal Exchange on Wednesday.
SMH reported Australian shares are expected to open flat today after global markets posted modest losses.
SMH reported the Australian market has opened lower following mixed movements on Wall Street but a higher close on European markets.
Bloomberg reports that stocks and commodities were down as U.S. futures fell and the Swiss franc strengthened before an American jobs report.
CNBC reports Glencore International PLC (LON:GLEN) had a first-half profit of $2.474 billion, beating expectations and raising its share price.
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