What's Ahead: Today's Economic Outlook - Equity Research on Molycorp, Inc. and Southern Copper Corporation (USA)
(firmenpresse) - MACAU -- (Marketwire) -- 10/20/11 -- Today, announced its research report highlighting Molycorp, Inc. (NYSE: MCP) and Southern Copper Corporation (USA) (NYSE: SCCO). Full content and research is available at .
Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'
As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.
Equity Markets has reviewed Molycorp, Inc. for its current position within the basic materials industry. Molycorp, Inc. is a rare earth oxide (REO) producer in the Western hemisphere and owns a rare earth project outside of China. The Company is in development stage. The Company focuses to be an integrated producer of rare earth products, including oxides, metals, alloys and magnets. The full research report on Molycorp, Inc. (NYSE: MCP) is available here: .
Equity Markets has reviewed Southern Copper Corporation (USA) for its development within the basic materials industry. Southern Copper Corporation (SCC) is an integrated copper producer. SCC produces copper, molybdenum, zinc and silver. All of the Company's mining, smelting and refining facilities are located in Peru and in Mexico, and it conducts exploration activities in those countries and Chile. The full research report on Southern Copper Corporation (USA) (NYSE: SCCO) is available here: .
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Contact:
Samuel Littman
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Datum: 20.10.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 78440
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MACAU
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