The bank said this top trade for 2014 best framed risks and rewards related to Chinese economic growth and commodity market risks.
Oil prices have already started heading south. Will other commodities follow?
Newcrest Mining (NCM), Barrick Gold (ABX), Glencore Xstrata (GLEN), Impala Platinum Holdings (Impuy): Weak Metals Prices Force Mining Companies To Book Big Write-downs
Falling metals prices, especially for gold and copper, have forced mining companies to take big write-downs.
Officials say China's slowdown and the Fed's planned stimulus reduction will impact red metal production in the South American nation.
Goldman Sachs announced it has closed its long position on copper prices due to the metal hitting a six-week low.
Hoarding of copper by warehouses has distorted prices to new highs, despite a global glut.
Canadian Surface Mining Company Polar Star Completes 16 hole, 2,500-Metre Drill Program at Chépica Site In Chile
Polar Star Mining completed its 16-hole, 2,500-meter surface drill program at its Chepica gold/copper mine project, near Talca, Chile.
Freescale's New Electric System Innovations Significantly Reduce Total Weight Of Automobile Circuitry
The maker of vehicle electric systems has new devices that can lighten car weight by up to 20 pounds.
Mongolia Snubs Canadian Gobi Desert Mine Explorer Entree Inc, Partly Owned By Rio Tinto, On Massive Oyu Tolgoi Mine, At Least For Now
The Mongolian government blocked mining licenses for Entree Gold, Inc. Is this resource nationalism? Probably not.
Thieves attempting to break in and rob a church in Houston were thwarted when one of the thieves cut the main electrical line, causing the church to explode.
Freeport-McMoRan Copper & Gold Paying $9B For Plains Exploration & Production And Mcmoran Exploration Co.
Mining giant Freeport-McMoRan Copper & Gold Inc. agrees to pay $9 billion to diversify into oil and natural gas exploration and production.
Gold, oil, copper, and other risky assets like the euro lost ground early Monday as investors positioned themselves ahead of the U.S. election.
London copper slipped on Monday, but still retained most of the previous session's steep climb to a 4-1/2 month top as a new round of U.S. monetary stimulus measures and a weak dollar continued to support prices.
India's wholesale price index (WPI) rose to a higher-than-expected 7.55 percent in July on annual basis, driven mainly by higher non-food prices, dashing hopes for rate cuts by the Reserve Bank of India.
Asian stock markets rallied to a four-month high Friday after the U.S. Federal Reserve launched another large scale of asset purchase program overnight to stimulate the world's largest economy.
The Federal Reserve's third round of quantitative easing, or QE3, will benefit silver and gold prices by weakening the dollar and increasing risk appetite among investors, according to a report by UBS. But silver will gain the most.
Asian stock markets ended mixed Wednesday as investors remained in a waiting mode ahead of Federal Reserve Chairman Ben Bernanke’s speech at the Jackson Hole symposium.
Risk assets fell Tuesday with the investors awaiting an announcement of some monetary easing measures by the Fed at the meeting of central bankers and economists at Jackson Hole, Wyoming, later in the week.
Asian stock markets were mostly higher Thursday after details from the Federal Reserve's most recent policy meeting suggested that the central bank might act again to bolster the U.S. economy.
Asian shares fell Wednesday morning after recent rally, but the euro held near a seven-week high on hopes the European Central Bank will act to rein in surging euro zone borrowing costs and policymakers will find ways to keep Greece on lifelines.
Peru's government on Wednesday began a 30-day state of emergency to help it gain control of chronic violence against mining companies, most recently a riot that left three people dead and many wounded.
The Internet opens and connects you to new worlds of possibilities and opportunities anywhere, anytime.In South Africa, the Internet is a make or break in many situations these days with limited access and expensive rates that abounds just to receive the best Internet connection.
India's wholesale price index (WPI) declined to 6.87 percent in July, contrary to analysts' expectations, triggering hopes for further rate cuts by the Reserve Bank of India.
Local campaigners have compared the potential impact of the mine's effluent to BP's Gulf of Mexico disaster and the Exxon Valdez oil spill, saying the region's fish stocks will become unsellable if the project goes ahead.
Coal miners in Zambia killed one Chinese manager and injured another during a riot Saturday. The miners were on strike at the Chinese-owned Collum coal mine in Sinazongwe in protest of delays in raising the minimum wage.
Best-selling Irish writer Maeve Binchy died on Monday, July 30, following a short illness. She was 72-years-old. Check out a complete list of the best selling author's books.
Asian markets were mixed this week as investors continued to have concerns about the faltering global economy and the mounting debt crisis in the euro zone.
Tuscaloosa, Ala., police reported 17 people were injured during a shooting at a downtown bar. According to reports, the incident took place after 1 a.m. local time on Tuesday morning at Copper Top Bar at 4th and 23rd streets.
Copper prices have outperformed the overall metals market as traders have closed short selling in expectation of government intervention to boost growth, but the metal may still be slightly overvalued, according to a Monday report by Barclays.
New research suggests that copper carried by storm water runoff from human developments could have serious consequences for both wild and farmed salmon.