Sat, Jul 23, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Diapason reviews opportunities and drivers in the commodity markets

Tuesday, March 05, 2013

Beverly Chandler, Opalesque London: New commentary by Senior Market Strategist Robert Balan from Diapason Commodities Management reveals that the world's biggest economies released their February manufacturing Purchasing Managers Index reports last week. Balan writes: "So far the indications are that global manufacturing is headed towards better times. The PMI manufacturing score is uneven, but if we use the classic interpretation for PMIs, manufacturing on a global scope will continue to improve over the next six month period."

Manufacturing has lagged behind services during the recent global recovery. "So it is of no surprise that global investors continue to underestimate the health of the global economy due to the perceived underperformance of global manufacturing. What is less spoken about is the impressive recovery of service PMIs. Historically, services recover ahead of manufacturing after a deep recession, leading the way by two to four months. We expect the case to be the same again this time. Judging from the recent upsurge in global manufacturing PMI, manufacturing output should pick up strongly in H2 2013. For one thing, manufacturing can glow slowly, but there is no risk of a "stall" -- as some economists have been speculating about the fate of the slow-moving manufacturing sector. Manufacturing activity (like economies) does not collapse if the sector grows slowly -- they just keep on......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  4. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New

  5. SWFs - Abu Dhabi wealth fund says long-term investment gains fell[more]

    From Bloomberg.com: The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds, said its long-term gains dropped in 2015. The fund’s 20-year annual rate of return slowed to 6.5 percent at the end of 2015, from 7.4 percent a year earlier, it said in its annual review. Over