Definition: the data in this report show LME non-risk reducing positions (ie speculative positions) held by Investment Funds and Other Financial Institution
September 16, 2025 - Carly Hughes
Annex II, the exemption list under U.S. Executive Order 14257, underscores a deeper weakness in U.S. trade strategy. Critical supply chains are being kept open…
September 11, 2025 - George Griffiths
Exorbitant Privilege sounds like the most wonderful ice cream flavour, but the phrase, coined by French finance minister Valéry Giscard d’Estaing, describes America’s ability to…
September 5, 2025 - George Griffiths
A strong week for global markets as traders ramp up bets of a Fed cut, and Trump and Putin meet in Alaska… The MSCI All…
August 19, 2025 - Sol O'Driscoll
Overview The tin market has entered a seasonally soft period, with spot demand weakening into the summer months. While this slowdown is typical, it has…
August 10, 2025 - George Griffiths
Macro and Policy Backdrop Markets are digesting a notable diplomatic shift following the White House meeting between President Trump, President Zelensky, and…
August 5, 2025 - George Griffiths
After a short, but much needed reprieve, the 90-day tariff pause finally came to an end; on Monday, Trump announced hikes on tariffs from 10%…
July 14, 2025 - Sol O'Driscoll
U.S. Scrap, Tariffs, and the Race to Recycle LME copper prices remain elevated, close to the $10,000 per ton threshold, supported by signs of tightening…
July 5, 2025 - George Griffiths
20 March 2025: LME tin prices have significantly outperformed the rest of the base metals complex so far this year, helped by decent demand conditions…
March 20, 2025