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China's Reopening Impacts Metals
Schwab Network
English - March 02, 2023 18:23 - 6 minutes - 62.4 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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"China had a dead sector and now there is a rebound in metals. With the positive sentiment, let's see if the numbers continue to sustain at the same rate. We are at the base of a commodity super cycle. There will be continued reaction to Federal Reserve rate hikes, which will increase volatility. Over the long term, the commodities market is looking strong. China is still a large manufacturing hub, even though companies are looking elsewhere," says Zayn Kalyan.