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Mining: Look for mergers and Chinese heft

Posted on 08 February 2012

Glencore International PLC’s multibillion-dollar merger with Xstrata PLC, Prime Minister Stephen Harper’s visit to China, where trade and other economic issues are expected to dominate the agenda: It’s a big week for commodities with large consequences for Canada and for what Paul Taylor, the chief investment officer of BMO Harris Private Banking, calls the country’s “trees and rocks and bank-based economy and equity market.”
About 50 per cent of Canada’s domestic equity market is represented by commodities, Mr. Taylor points out, so most Canadian investors have some financial stake in how these two events turn out………………………………………..Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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