Tribeca Global Natural Resources Provides Weekly Estimate of Performance

In its weekly estimate of performance and market wrap, Tribeca Global Natural Resources Limited (ASX Code: TGF) made the following estimated return as at 27 December 2019:

Market Highlights

Market is in speculation that if China can achieve the $200 billion of purchases goal (touted by the US), amidst the fears that making specific agricultural pledges could be considered managed trade and would risk a violation of WTO rules.

Crude made solid gains, rallying to highest level since September, driven by a more optimistic outlook on US-China trade and improving global demand.

Beijing laid out its plans to try and boost its economy and to investment in ¥90 billion in civil aviation, ¥800 billion in railway, ¥1.8 trillion in highway and waterway and in 2020.

Copper prices witnessed sixth consecutive weekly increase, compelling the largest producers in China to lower output as margins decline.


Natural gas prices declined sharply (the largest weekly decline in a month) despite large inventory declines as the market remains fixated on the prospect of record production outweighing demand.



All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK