Commodities

The chairman of Goldman Sachs Asset Management, Jim O'Neill, said another positive US payroll result on Friday could prompt a renewed rally in US equities.

Ivan Glasenberg, the chief executive of recently-floated Glencore, has defended the $165m dividend payout he pocketed last year.

Glencore has given no sign of adjusting the terms of its Xstrata takeover offer as it reports a 7% rise in full-year profit despite numbers slumping in the second half of 2012.

HSBC's chief economist Stephen King has warned the rapidly rising oil price is a greater threat to the world economy and financial markets than a Greek default.

Crude oil prices hit a 43-month high on Thursday following reports a Saudi Arabian pipeline had exploded.

The price of gold fell more than 5% as investors became more confident about the health of the global economy following comments yesterday from Fed chairman Ben Bernanke.

RISING OIL PRICES

COMMODITIES

Jenny Cosgrave talks to a trio of wealth managers about their outlook for the commodities sector and finds out which strategies stand out from the crowd

COMMODITIES