{"id":7115,"date":"2012-01-17T20:49:56","date_gmt":"2012-01-17T18:49:56","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/barings-sees-difficult-h1-for-metals-stronger-h2\/"},"modified":"2012-01-17T20:49:56","modified_gmt":"2012-01-17T18:49:56","slug":"barings-sees-difficult-h1-for-metals-stronger-h2","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/barings-sees-difficult-h1-for-metals-stronger-h2\/","title":{"rendered":"Barings sees difficult H1 for metals, stronger H2"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Top picks for this year copper and gold<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Strong supply outlook may be clouded by macro concerns in<br \/>\nH1<\/p>\n<p><span><\/span><\/p>\n<p>* New global mining fund to launch in March<\/p>\n<p><span><\/span><\/p>\n<p>By Eric Onstad<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Jan 17 (Reuters) &#8211; Metals markets are likely<br \/>\nto navigate a stormy first half, supported by strong long-term<br \/>\nfundamentals that are now obscured by uncertainty over Europe&#8217;s<br \/>\ndebt crisis and Chinese growth, the manager of a new mining fund<br \/>\nfor Baring Asset Management said.<\/p>\n<p><span><\/span><\/p>\n<p>The supply outlook for many commodities such as copper is<br \/>\ntight, but this may not show up fully in the price until later<br \/>\nin the year, said Clive Burstow, manager of the new Baring<br \/>\nGlobal Mining Fund due to launch in March.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We take the view that fundamentals for the commodities even<br \/>\nfor this year still look pretty good. Supply cannot react to<br \/>\neven moderate demand growth. I don&#8217;t think the world is going to<br \/>\nfall off a cliff,&#8221; he told Reuters on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;But I suspect there will be periods of price weakness &#8230; I<br \/>\nwould say that the first half is probably going to be the<br \/>\ndifficult bit.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;I&#8217;m more optimistic on the second half, where hopefully by<br \/>\nthen things in Europe will get on a firmer footing, people will<br \/>\nstop worrying so much about China &#8230; and the U.S. is coming to<br \/>\nthe end of the election cycle.&#8221;<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Top picks for this year copper and gold * Strong supply outlook may be clouded by macro concerns in H1 * New global mining fund to launch in March By Eric Onstad LONDON, Jan 17 (Reuters) &#8211; Metals markets are likely to navigate a stormy first half, supported by strong long-term fundamentals that are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-7115","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=7115"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7115\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}