April 15, 2020

Minerals & Energy Outlook: April 2020

Overall, the global economic outlook has deteriorated since last month, with the downturn expected to far exceed the Global Financial Crisis.

  • Commodity prices have generally fallen in recent weeks, as global containment measures intended to limit the spread of Covid-19 have weakened demand prospects, while the resumption of some activity in China has increased supply of some commodities (most notably coal).
  • Overall, the global economic outlook has deteriorated since last month, with the downturn expected to far exceed the Global Financial Crisis. This presents a very negative picture for commodity demand in the near term. However, the scale and duration of the downturn is also highly uncertain – our expectation is that a global recovery commences in Q3 2020, however there is downside risk to this outlook.
  • In annual average terms, US dollar denominated commodity prices are forecast to fall by 16.2% in 2020, driven by a drop in liquefied natural gas (LNG) along with iron ore and metallurgical coal.
  • A modest recovery is expected in 2021, with commodity prices forecast to increase by 0.5%.

Find out more in NAB’s Minerals & Energy Outlook – April 2020

Accelerating diversity at NAB industry eventAccelerating diversity at NAB industry event

Accelerating diversity at NAB industry event

31 March 2025

NAB specialists and clients from across the bank’s Fund Sponsors, Strategic Investors and Alternative Assets (FSA) business gathered over lunch recently to share career stories and advice on promoting greater diversity and inclusion.

Accelerating diversity at NAB industry eventAccelerating diversity at NAB industry event
Inside the return of corporate hybrid issuanceInside the return of corporate hybrid issuance

Inside the return of corporate hybrid issuance

31 March 2025

Hybrid issuance is becoming an ever more relevant funding instrument and capital management tool for corporate issuers today, attracting strong investor demand, write Tabitha Chang and Stefan Visser from the NAB Capital Markets Origination team.

Inside the return of corporate hybrid issuanceInside the return of corporate hybrid issuance