Saturday 12, May 2012 by Robin Amlôt
Optimism wearing thin – Natixis Q2 metals review
After a weak fourth quarter in 2011, metal markets bounced in the first quarter of this year, boosted by the strength of US economic data, the success of the ECB’s long-term repo operations and optimism over a recovery in Chinese growth. Heading into the second quarter, this optimism is beginning to wear thin.