News Headline Summary

Deutsche Bank on precious metals - Bernanke’s more dovish commentary on the pace and timing of tapering has been supportive for the precious metals complex...

...certainly in limiting the downside. We continue to favour PGMs, especially palladium with the market likely to register a second yearly deficit. However, given the metal’s relative out-performance, we expect there may be some profit taking should US and China auto sales start to slow.

22 Jul 2013 - 10:14 - Metals Bank Speaker - Source: Deutsche Bank

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: