Noble Group's CEO Quitting Reflects Lingering Commodity Troubles

Author: Tan KW   |   Publish date: Tue, 31 May 2016, 11:39 AM 

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Angus Nicholson, Market Analyst, IG

31-May-16 11:22

The resignation of Noble Group's CEO Yusuf Alireza is reflective of both the group's mismanagement and the continued problems in the commodity sector.

Gold has fallen from it's recent rise on expectations of a Fed rate hike. The USD's strength will make trades into listed exporters appealing.