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

  • Download PDF
    The United States' economic strategy and presence in the Maghreb
    Authors
    Kassim Bouhou
    September 17, 2010
    Before the 9/11 events, US-Maghreb relations were growing stronger, especially after the United States had long left the floor to the Maghreb’s “natural” European partner. Therefore the American action in this region was in line with a mechanism previously set off by Clinton Administration member, Stuart Eizenstat, which aimed at reducing intra regional obstacles and stimulating American investments towards an area where Americans were little-represented. Hence Washington seemed mor ...
  • Download PDF
    Migrations, remittances and development - Comparing experiences from Mexico and Maghreb
    Authors
    Flore Gubert
    September 1, 2010
    The potential synergy between development and migration has become a key feature of most international migration politics. However, this relationship is far from evident. Flore Gubert helps better understand the complexity of this relationship through the comparison of two regional contexts (Mexico and North Africa), and shows how the political and economic context prevailing in the countries of origin modifies the link between migration and development. This Note de l'Ifri is the ...
  • Download PDF
    Tuaregs' relations to States: the case of Algeria and Libya
    Authors
    Dida Badi
    February 20, 2010
    The industrial revolution underwent by Europe in the 18th century has triggered the need for the major colonial powers to find new markets for their manufactured products. It is in this colonial competitive framework that European explorers delivered information about the different access roads, as well as the Tuareg tribes, notably the Kel Ajjer and the Kel Ahaggar. ...
  • Download PDF
    Trafficking in the Sahel-Saharan zone: features and stakes
    Authors
    Jean-Luc Peduzzi
    February 20, 2010
    On November 5th 2009, a cocaine-loaded Boeing 727 aircraft arriving from Venezuela was discovered torched and emptied on a makeshift airstrip in the Malian desert (Gao region). The sahel-saharan area is clearly a contact zone between very distant worlds. ...
  • Les Mardis du PCNS 22/09/2020 : أي نموذج للحياة العامة بعد جائحة كورونا؟
    September 22, 0202
    بعد تفشي فيروس كورونا المستجد في جل مناطق العالم، اختلفت طرق التصدي له من دولة إلى أخرى. حيث اعتمدت الدول قرارات متفاوتة من حيث الصرامة في ظل الحد من تفشي هذا الوباء. وفي نفس الصدد، اتُخذت عدة قرارات لدعم المواطنين لكي يتاح لهم المرور من هذه الأزمة بأقل الأضرار الممكنة في مختلف القطاعات...
  • Les Mardis du PCNS 15/09/2020 : تحديات الوسط القروي في ظل أزمة كورونا
    September 15, 0202
    بفعل التأثير المزدوج للجفاف والقيود المفروضة للحد من انتشار وباء كوفيد-19، يتوقع بنك المغرب (المصرف المركزي) أن يسجل الاقتصاد سنة 2020 أقوى تراجع له منذ 1996، وذلك بنسبة 5,2 بالمئة كما تسببت القيود المفروضة على التنقل في إطار حالة الطوارئ بشلل العديد من القطاعات الاقتصادية بالمغرب. بينم...
  • African Futures Fund by Jessica Berlin, Germany (ADEL 2017)
    June 25, 0021
    African Futures evolved from a conference to a digital platform and fund that helped impact-driven entrepreneurs and secure the funding and partnerships they need to scale their businesses across the continent. African Futures goal is to help turn national level sustainable business suc...

  • From

    14
    2:00 pm July 2025

    To

    15
    5:00 pm July 2025

    Africa Economic Symposium (AES) – 3rd Edition: Bold Moves amid Global Shifts

      The Policy Center for the New South will organize the 3rd edition of the Africa Economic Symposium (AES2025) on July 14th-15th, 2025, under the theme “Bold Moves amid Global Shifts”. The Symposium aspires to be a continent-wide annual gathering of prominent economists, policymakers, and academics to bring together global and continental perspectives on macroeconomic management challenges and structural issues that shape the future of Africa's economic development. Building on the success of previous editions (AES2023 and AES2024), which gathered around 200 participants from 40 nationalities, this year’s conference continues to strengthen its position as a key forum for economic dialogue in Africa. Central to this Symposium is the Annual Economic Report on Africa, the PCNS ...

  • From

    08
    10:30 am April 2025

    Parlons Développement - 19ème Edition : L’innovation au service du développement économique et social d’Al Hoceima

    Lieu : Faculté des Sciences et Techniques, Al Hoceima Depuis 2021, le Policy Center for the New South, le Programme des Nations Unies pour le développement (PNUD) et la Banque mondiale portent ensemble l’initiative « Parlons développement » : une série de réflexions collectives autour des enjeux du développement durable au Maroc. Cette initiative vise à interroger les grandes mutations en cours et leur impact sur l’agenda des Objectifs de Développement Durable (ODD), en rapprochant les débats stratégiques des réalités vécues sur le terrain. Organisée en partenariat avec la Faculté des Sciences et Techniques d’Al Hoceima, la 19ème édition de « Parlons Développement » portera sur un levier central du développement territorial : l’innovation au service du développement économiq ...