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10 Dec 2016 | 2:51 AM
Research Report
Weekly

Commodity Research Report: Weekly Report - Metals & Energy

Metals & Energy Weekly Outlook
18 Jan 2016 | 06:14 PM

 

  • China's trade surplus widened and exports recovered last month. The nation's trade balance widened to $60 billion, taking the full-year tally to $594.5 billion. Exports slid 1.4 per cent in U.S dollar terms in December from a year earlier while it rose if accounted in the local currency.
  • U.S. industrial production fell for the third straight month in December. Industrial output dropped 0.4 percent after a downwardly revised 0.9 percent decline in November. The Fed had previously reported a 0.6 percent drop for November.
  • European industrial production index, or IPI, fell 0.70% month-over-month in November. In contrast, industrial production rose 0.80% in October 2015.

 

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