HSBC price target raised by RBC as earnings forecasts climb
HSBC price target raised by RBC as earnings forecasts climb Proactive uses images sourced from Shutterstock HSBC Holdings…
Rio Tinto signals no rush to revive Glencore deal as standstill ends
A freeze on Rio Tinto approaching Glencore for a takeover expires this week, but people who have been…
Iron ore mine depletion to underpin prices next decade, Rio Tinto says
Supply pressure stemming from the depletion of iron ore mines built earlier this century, such as those in…
Standard Chartered highlights healthy official sector demand as Q2 rebound outweighs revised Q1 weakness
(Kitco News) – Central bank gold demand remains a key pillar of support for the market as prices…
Vitol, Cargill, Glencore cut ties with Radiant World
Vitol Group and Cargill have stopped trading with Radiant World, one of the world’s largest iron ore traders,…
Shell tops forecasts as higher prices drive strong Q2 profit growth
Energy major Shell has launched a $3bn share buyback after more than doubling profits in the second quarter…
Glencore’s copper output up 15%, sees strong $3.3B marketing EBIT
Glencore said on Wednesday first-half copper production rose 15% on higher grades at key operations, while its marketing…
‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku
(Kitco News) – Even as U.S. Treasury yields and a stronger dollar continue to limit gold’s upside, growing…
HSBC: The Forces that Typically Support GBP are Fading, while the Headwinds are Getting Louder
HSBC Research expects GBP/USD to move lower over the next month. “We think GBP/USD is likely move lower, and the…
Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge
(Kitco News) – Gold’s 26% decline during the Iran conflict came from a boost to the dollar, yields…
Gold market could see further ETF redemptions as prices turn negative on the year – Standard Chartered’s Cooper
(Kitco News) – The gold market continues to test its lower bounds, with one analyst seeing further fragility…
Standard Chartered’s crypto bull sticks to $100,000 bitcoin call despite ‘painful’ week
June 4 (Reuters) – Geoffrey Kendrick, the global head of digital assets research at Standard Chartered and one…