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Fund managers not fussed about potential mining rally


The mining sector has underperformed global markets for an unprecedented five straight years. A sixth wouldn’t come as a shock, but according to Citigroup analysts, fund managers are giving more thought to the possibility that the sector has bottomed and is poised to rally in 2016. The broader question, however, …

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The global bond market rally is so crazy it’s starting to look like panic


Sovereign bonds surged, sending the Japanese benchmark 10-year yield below zero for the first time, as investors seeking the safest assets gorged on government debt. Treasury yields dropped to a one-year low and those on short-dated German securities dropped to records in the rush to refuge from a worldwide stock …

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Quebec maple syrup producers rally against report they say could ‘ruin’ their industry


Hundreds of maple syrup producers braved snow and freezing rain in Quebec City on Tuesday to march on the National Assembly in protest against a new government report that they say, if implemented, “will ruin” their iconic industry. The federation of Quebec maple syrup producers and its parent organization, the …

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Oil rally fuelled by OPEC noise, just ‘bulls clutching at straws’


A spirited oil rally barely extended to a fourth consecutive day on Thursday, as Iran appeared to be cool to a Saudi-Russia proposal to freeze output. Saudi Arabia and Russia agree to freeze oil output, but deal ‘not worth much’ without Iran, Iraq Saudi Arabia and Russia, the world’s two …

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