Goldman temporarily suspends zinc coverage

(Reuters) – Goldman Sachs has suspended covering zinc markets “for the moment”, citing “restricted capacity” following the departure of the sector lead earlier this year.

Goldman’s metals strategist Nicholas Snowdon has joined Mercuria, as the energy trader seeks to expand its presence in the sector.

Snowdon’s departure from Goldman followed that of Jeff Currie, the investment bank’s former head of commodities research, who joined private equity giant Carlyle in February to lead energy transition analysis.

The Wall Street bank’s co-head of commodities trading, Xiao Qin, will also retire by the end of the year, according to an internal memo seen by Reuters.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    eToro “Evaluates Market Conditions” as Tariff Woes Shadow IPO Craze

    • April 5, 2025
    eToro “Evaluates Market Conditions” as Tariff Woes Shadow IPO Craze

    Weekly Briefing: Trump’s Sweeping Trade Tariffs, Italy’s Underrated Trading Market

    • April 5, 2025
    Weekly Briefing: Trump’s Sweeping Trade Tariffs, Italy’s Underrated Trading Market

    Gold’s Performance During Trade Wars Explained for Investors

    • April 4, 2025
    Gold’s Performance During Trade Wars Explained for Investors

    Megaphone Pattern – Definition, Trading Strategies & Example

    • April 4, 2025
    Megaphone Pattern – Definition, Trading Strategies & Example

    XAU/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    • April 4, 2025
    XAU/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    • April 4, 2025
    WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25