Glencore plc

Week in review

Trading Desk

The prospect of two further rate cuts puts more pressure on the Australian dollar, while evidence builds for a rate rise in the US

Company updates

Glencore increases debt reduction target

Glencore has released its FY15 result. While the results are materially down on 2014, due to the significant falls in commodity prices, we believe this was already priced in when we launched coverage. Importantly, the company has improved its debt reduction target by a further USD1bn

Company research

Glencore plc research report 2016

Glencore plc is a leading integrated global commodity producer and marketer. Its business covers over 90 commodities encompassing metals & minerals, energy products and agricultural products as well as related marketing and logistics activities