PRESS ROOM
Cautious trade optimism lifts cyclical commodities
Monday 04th November '19
Industrial metals and agricultural commodities, which have meaningfully been hit since the advent of US-China trade tensions, have found support in the last two weeks from optimism returning in market sentiment regarding an upcoming deal between the two countries. A statement from the office of US trade representative Robert Lighthizer noted that he and Treasury Secretary Steven Mnuchin “had a constructive call” with China’s Vice Premier Liu He on phase one of the US-China trade agreement.