DBB: The Case For Copper, Aluminum, And Zinc

Invesco DB Base Metals Fund ETF provides exposure to copper, aluminum, and zinc prices. Base metals trade on the London Metals Exchange and are influenced by liquidity and price volatility. Copper prices have rallied in early Q2. Stockpile levels of copper, aluminium and zinc provide mixed signals about the metals' fundamentals. China is a critical factor for base metals prices.

What Iran's Attack Means For Commodities

Investing in politically sensitive commodities, such as oil and metals, could mitigate the potential impacts of rising geopolitical turmoil. Iran’s direct attack on Israel may carry significant implications for global commodity markets. The threat of further Iran-Israel escalation combined with sanctions on Russian metals underscores the need for diversification into geopolitically sensitive commodities.

What New Metal Sanctions On Russia Mean For Global Trade

London Metal Exchange has banned delivery of new Russian metal following sanctions imposed by US and UK for Russia's invasion of Ukraine. Russian nickel, aluminium and copper produced from 13 April will not be eligible for delivery to the LME. Russia accounts for about 6% of global nickel production, 5% of aluminium and 4% of copper. Metals prices will rise short-term, but there is a limit. Russian metal will flow to sanction-neutral countries.

Market Cycle Momentum Reigniting (Q2 2024 Update)

Market cycle appears to be reigniting, suggesting a shift towards more cyclical assets like commodities and equities. The overall momentum in corporate earnings, commodities, and interest rates continues to trend downwards. Signs of reacceleration are evident in commodities and Treasury yields. The market cycle remains in a high-altitude, oxygen-deprived position.

Weekly Report: what happened at DBB last week (0408-0412)?

Where are Base Metals Prices Heading in Q2?

Weekly Report: what happened at DBB last week (0401-0405)?

Cryptocurrency ETFs: Opportunities And Risks As The Price Of Bitcoin Climbs

Weekly Report: what happened at DBB last week (0325-0329)?

Weekly Report: what happened at DBB last week (0318-0322)?

Critical Minerals Strategic Outlook

Production of lithium, cobalt, copper, nickel, and aluminum is estimated to account for more than $4 trillion in 2035. Batteries and accumulators are estimated to surpass the $1 trillion mark by the next decade. The automotive industry is transitioning from internal combustion engines to battery electric vehicles, driving demand for lithium. The construction sector also remains a powerful driver in the demand for nonferrous metals.

Weekly Report: what happened at DBB last week (0311-0315)?

Weekly Report: what happened at DBB last week (0304-0308)?

Industrial Metals Monthly: China's 2024 Economic Goals Disappoint

Weekly Report: what happened at DBB last week (0226-0301)?

Is China's Economy, And Its Demand For Metals, Ready For A Rebound?

Goldilocks could get stuck in the 70s

JPMorgan analysts believe the 'goldilocks' narrative for equities could mirror 1970s stagflation due to geopolitical headwinds to global trade and the November U.S. Election. The positive environment of the 1980s-2000s could be replaced by a conflict tax and de-globalization. Inflation risks are skewed to the upside.

Weekly Report: what happened at DBB last week (0219-0223)?

Weekly Report: what happened at DBB last week (0212-0216)?