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  • Editor’s Picks / 30 September 2015 at 13:09 GMT

    Glencore crosses fingers for Chinese recovery

    The Telegraph
    Glencore's well-documented 30% plunge in share prices is close to being eradicated on the back of an 11% plus spike today as investors take heart from Citigroup's intervention Tuesday to counter that infamous Investec note that sent the vertically-integrated commodities trader spinning to that record low in the first place. But, says Ben Wright, this story of two notes is yet to be played out and the outcome depends on where we are in the commodity cycle and whether China can stage the kind of recovery Glencore needs for its business model to gain traction again. "This is what people mean when they talk about Glencore’s shares essentially being a leveraged bet on the Chinese economy," warns Wright. "You pays your money and you takes your choice."
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  • Article / 01 December 2014 at 10:59 GMT

    The Week Ahead: Energy slump hits FTSE 100

    Chief Executive / Prime Wealth Group
    United Kingdom
    The Week Ahead: Energy slump hits FTSE 100
    The FTSE 100 closed down after a volatile week, though the index is relatively heavily weighted towards the oil and mining sectors, which were negatively impacted by sliding oil prices and OPEC’s decision to leave production unchanged. Other shares have climbed strongly.
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