commodities Markets

‘Growth Decelerated Notably’: Goldman Slashes Metals Forecasts As China Jitters Proliferate

It's all about China data.

It's all about China data.
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2 comments on “‘Growth Decelerated Notably’: Goldman Slashes Metals Forecasts As China Jitters Proliferate

  1. Was looking at VALE, so it is interesting material to me. It jumped 9% on Friday. On China optimism. Icahn got out of significant metals holdings like Flynn prior to Trump initiating the trade war, and more recently sold his ferrous mining holdings to VALE. Your recent articles revealing the potential for a weaker dollar led me to the above knowledge. So if one of your goals is to get guys like me and the plumber thinking and researching. Back pat sir.

  2. Franceska

    “Our new 3/6/12-month copper price targets are $6100/6400/7000/t”

    These are 4%, 10%, and 18% above Friday’s close.
    Sometimes I don’t understand them, they say metals will be under pressure, things don’t improve till Q2 and then they give targets above current levels.

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