CAPITAL MARKETS

Markets eye trade talks

Markets, miners mixed

Staff reporter

This article is 5 years old. Images might not display.

However the White House has indicated it is prepared to walk away from trade negotiations, Bloomberg reported, which could reverse momentum in the world's two largest economies.

Base metal futures were mainly higher in Asian trade following yesterday's disappointing data out of China, with sentiment boosted by further economic stimulus measures.

Markets were mixed across the globe yesterday, with US and European indices closing higher while London and Toronto indices were lower.

An overall lift of 0.37% by gold stocks on the S&P/TSX Composite Index wasn't enough to boost its broader metals and mining sector, which closed down 0.04% yesterday.

Market futures were pointing to a positive start today except in Toronto.

Metal and mining stocks were just in positive territory overall in afternoon Australian trade, where BHP (ASX: BHP) was up 0.1% at the time of writing.

The gold price was about US$4 an ounce lower than this time yesterday, around $1,280/oz.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.