MELBOURNE, Sept 4- London copper took a breather on Friday but was set to log a second weekly gain as bets for monetary easing in Europe fuelled a short-covering rally that traders expected to gain steam given light holiday trade. The European Central Bank cut its growth and inflation forecasts on Thursday paving the way for an expansion of its already massive 1...» Read More
Here's what analysts and others say they're watching before the bell Friday.
In 2050, we expect the world population to reach 9 billion people. If we continue on the same path as we are today, those 9 billion people will require the resources of 2.3 planets in order to survive. While humankind has achieved many amazing technological innovations throughout time, creating two more Earths is likely out of the question.
After decades of pushing nations to surrender more power to the European Union, the bloc is pulling back on efforts to assert its authority over one highly contentious issue, genetically modified foods. The New York Times reports.
The Shanghai Composite, often a leading indicator in global markets' direction, is due for a consolidation, followed by a rebound, Daryl Guppy, CEO of Guppytraders.com, told CNBC on Thursday.
The year-long trend upwards in the stock market is over and commodities are also set to correct, according to Robin Griffiths, technical analyst at Cazenove Capital. As a result, Griffiths suggested investors look for risk-averse trades.
There is money to be made in Asia as it is a more attractive investment destination than Western markets, said Julian Galvin, associate director at Tyche.
The growth in the emerging markets is starting to harm advanced economies, Frederic Neumann, MD & co-head of Asian economics research at HSBC, told CNBC on Thursday.
For 15 years, Eddie Anderson, a farmer, has been a strict adherent of no-till agriculture, an environmentally friendly technique that all but eliminates plowing to curb erosion and the harmful runoff of fertilizers and pesticides. The NYT reports.
Global stocks were lower on Tuesday, moving away from 18-1/2 month highs. As the Dow closed above 11,000 on Monday, experts told CNBC that they are bullish on stocks, especially U.S. stocks.
The Standard & Poor's 500 index will top out on April 19, which will trigger a 15 to 20 percent pullback in other stock markets, but stocks will move higher later in the year Robin Griffiths, technical strategist at Cazenove Capital said Monday.
Stock markets around the world will continue to gain, Daryl Guppy, CEO of Guppytraders.com, told CNBC on Thursday.
For many years, few metals drew bigger yawns from mining executives than lithium, a lightweight element long associated mostly with mood-stabilizing drugs. Suddenly, the yawns are being replaced by eurekas.
Australian mining giant Rio Tinto has largely benefited from China’s insatiable appetite for commodities, and while CEO Tom Albanese remains optimistic about China’s growth prospects, this comes at a trying time for the company.
The economies in the West are not actually recovering, Martin Hennecke, associate director at Tyche, told CNBC. He foresees high or even hyper inflation in the West and a potential crisis in the bonds market.
After a year and a half of corporate cost-cutting programs, which have scythed shareholder payouts, a growing number of companies are feeling confident enough to increase dividends and reinvigorate the income story.
It is certainly time to watch out for investment opportunities in Greece, Kingsley Jones, international portfolio manager at Macquarie Funds Management Group, told CNBC on Wednesday.
Crude prices may have seen a short-term bottom, John Licata, chief investment strategist at Blue Phoenix, said Tuesday.
The majestic steel beams of a soaring office tower beginning to rise from the ruins of the World Trade Center are a tribute to American resilience, but also a marker in the decline of yet another industry. Not an inch of imported glass went into the two lost towers, built 40 years ago. The lower floors of the new one will soon be sheathed in Chinese glass.
The recovery won't be bolstered by the consumer, like in previous recessions. Instead demand will come from a build-up of low inventories and large companies' exposure to emerging market growth, Edith Thouin, vice president of ABN Amro Private Banking said Monday.
Stocks edged lower at the open Friday, with investors unimpressed over earnings beats from Intel and JPMorgan Chase as well as economic readings in line with expectations.