As the markets return after the summer slowdown, the environment for metals remains fragile as the coronavirus keeps many mines from operating at full speed. While the weak dollar has boosted prices of late, the supply shortfall is also causing an uplift in the likes of copper and nickel. However, as John Meyer, from SP Angel says, China is very active in buying up as much supply it can in the battery metals space. This, he says, is very worrying buy money speaks and China is quick to ‘get out the chequebook’.
Chapters 00:00 – Introduction 00:20 – Economic outlook as governments try to get back on track 03:44 – Price rise in base metals: will there be a deficit? 06:35 – Battery metals – investing in a new industry? 10:19 – China’s control over metal supply 12:07 – How can the west address the imbalance?
We provide fast and flexible access to over 16,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps.
Established in 1974 as the world’s first financial spread betting firm, we’re now the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders.
Through our low fees and smart price-sourcing technology, we help traders keep their costs down.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit.
* Based on revenue excluding FX (published financial statements, February 2018).
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As the markets return after the summer slowdown, the environment for metals remains fragile as the coronavirus keeps many mines from operating at full speed. While the weak dollar has boosted prices of late, the supply shortfall is also causing an uplift in the likes of copper and nickel. However, as John Meyer, from SP Angel says, China is very active in buying up as much supply it can in the battery metals space. This, he says, is very worrying buy money speaks and China is quick to ‘get out the chequebook’.
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Chapters
00:00 – Introduction
00:20 – Economic outlook as governments try to get back on track
03:44 – Price rise in base metals: will there be a deficit?
06:35 – Battery metals – investing in a new industry?
10:19 – China’s control over metal supply
12:07 – How can the west address the imbalance?
We provide fast and flexible access to over 16,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps.
Established in 1974 as the world’s first financial spread betting firm, we’re now the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders.
Through our low fees and smart price-sourcing technology, we help traders keep their costs down.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit.
* Based on revenue excluding FX (published financial statements, February 2018).
† For the 12 months preceding 1 April 2020.
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