Publications /
Policy Brief

Back
Download PDF
French Version
From a Bleak Global Outlook to Speculative Strategies: Understanding the Downturn in Metal Prices
Authors
Yves Jégourel
November 26, 2018
Related topics: 

Prices of nearly all industrial and precious metals have been on a downward trend for several months.A tightening US monetary policy and the subsequent dollar appreciation partly explain this trajectory, but it is above all the mounting global macroeconomic gloom that has depressed markets.Escalating trade tensions between the United States and China, among other countries, are not likely to be conducive to global growth and in that respect, to the demand for metals. However, not everything can be justified by market fundamentals.Speculative dynamics are clearly at work and also account for the scale of this decline.

RELATED CONTENT

  • The Indian Diaspora in Africa: An instrument of New Delhi’ Soft Power in the Continent
    Authors
    Abdessalam Jaldi
    October 12, 2021
    The role played by diasporas in international relations should not be neglected. Bilateral engagements between states can be significantly affected by the practical and perspective relations between the diaspora community and their homeland. In the African context, none has been so deeply incorporated into the economic and social fabric of the continent as the Indian diaspora. Historically symbolized by Gandhi’s emblematic sojourn in South Africa and the participation of Indian inde ...
  • Download PDF
    COVID-19 and Digital Repression in Africa
    Authors
    Hisham Aidi
    October 11, 2021
    The current global pattern of democratic retrenchment has multiple causes, including economic inequality, American imperial overreach, and increased migration, all of which have led to disillusionment with democratic systems, and inspired a populist demand for populist leaders. This populist wave has also led to the personalization of political regimes, democratic and authoritarian, with power highly concentrated in the hands of a single individual, as seen in Turkey, Philippines, P ...
  • Stratégie indo-pacifique de la France
    Abdessalam Jaldi & Céline Pajon (IFRI)
    October 08, 2021
    L'espace indo-pacifique est en phase de devenir le cœur battant du commerce international et le centre de la croissance économique mondiale. Dans cette perspective, la France et en tant q ...
  • Banque mondiale : pourquoi il faut sauver le rapport Doing Business
    Authors
    Uri Dadush
    October 8, 2021
    Annoncé le 16 septembre dernier, l’arrêt définitif de l’enquête annuelle sur le climat des affaires est une erreur. Véritable référence pour l’analyse économique et entrepreneuriale dans 190 pays, c’est un instrument perfectible, mais indispensable. Dans la foulée d’une enquête indépendante menée par le cabinet d’avocats WilmerHale, qui pointait les pressions inopportunes exercées par la Chine et par d’autres pays lors de la préparation de son rapport annuel Doing Business, la Banq ...
  • Download PDF
    Confronting “Deglobalization” in the Multilateral Trading System
    Authors
    Mehmet Sait Akman
    Bozkurt Aran
    Leonardo Borlini
    Carlos A. Primo Braga
    Uri Dadush
    Fernando De Mateo
    Alejandro Jara
    Douglas Lippoldt
    October 7, 2021
    The first two decades of this millennium were marked by major political, economic and geopolitical disruptions. This has led many analysts to predict that the world economy is entering a phase of “deglobalization” – that is, a retreat from the globalization process. This policy brief discusses how “deglobalization” affects the role and relevance of international trade institutions and agreements. The basic message is that investing in the improvement of the rules-based multilateral ...
  • Regards croisés sur la mobilité et la migration en Méditerranée
    October 7, 2021
    Les termes migration et mobilité sont souvent utilisés de manière interchangeable, en dépit du fait qu’ils renvoient en réalité à deux phénomènes distincts du mouvement humain. La mobilité serait en fait, un mouvement temporaire par lequel un individu ou un groupe de personnes se déplac...