Trading Ideas

Biggest Gold Asset in S. America Got New CEO with Great M&A Record

During this quarantine I have been blessed to speak to some extremely successful entrepreneurs in the mining sector.  It has been during this pandemic crisis that opportunities arise for astute investors who can think quickly.   Many smart investors who left the mining sector to real estate, cann ...

Don’t write an obituary for shipping’s dirtiest fuel

High sulfur fuel oil, once the cheap staple diet of the shipping industry, has been usurped by an abundance of low-cost, premium quality bunker fuel. That’s led to seafarers freezing orders for equipment to remove the sulfur from HSFO and maximizing compliant fuels. But don’t write off shipping ...

Iron ore’s growing appeal: investor participation and market development

Once in a generation a new graduate joins the elite circle of globally recognized and traded commodities. Julien Hall, head of metals pricing, APAC at S&P Global Platts, and Fiona Boal, head of commodities at S&P Dow Jones Indices, look at the interplay between physical and financial iron ore marke ...

Commodity Tracker: 4 charts to watch this week

A recovery in Chinese independent refiners’ oil imports tops this week’s pick of trends in energy and raw materials markets. EU carbon markets, the relationship between US rig counts and tubular steel prices, and LNG supply to Europe are also on the agenda. 1. Saudi crude supply to Chinese ind ...

Commodity Tracker: 4 charts to watch this week

Global recovery from the coronavirus pandemic is proving patchy, and demands a close look at oil demand signals – the first stop in this week’s roundup of energy and raw material trends. S&P Global Platts editors also look at prospects for US crude exports to Asia, Ukraine’s importance to the ...

Insight Conversation: Marco Dunand, CEO and co-founder, Mercuria

Mercuria’s Marco Dunand talked to S&P Global Platts about the challenges, implications, and opportunities that the coronavirus pandemic presents across all the key commodity classes in a time of unprecedented volatility in the global markets. Founded in 2004, Mercuria Energy Trading is one of th ...

Middle East crude benchmarks provide lessons on valuing oil in volatile markets

The crude oil market has witnessed some of the highest volatility in living memory in recent months, casting a spotlight on the evolving role of global crude benchmarks. In the Middle East and key consuming regions such as Asia, it follows that the market is keen to understand what the tradable val ...

The Single Biggest Mistake the Canadian Oil Industry is Making.

One simple strategy pivot could change the fortunes of the energy industry.  ...

Deflation Pressure

I have used an inflation directional pressure gauge for nearly 50 years with good results. Itbecame a deflation pressure gauge over 2008 - 10 and that is what it has turned into againrecently. Basically, I watch the longer term momentum of commodity price composites alongwith measures of economic sl ...

Into The Valley We Go

Before the Covid-19 hit, I had fair value for the SPX at 2800 (16.5 x $170. SPX earning power).I was a conservative fuddy-dud as the market traded above that level for much of last year, and itsurged early this year, topping out at a whopping overvalued level near 3400. We all know whathappened next ...