November 11, 2020

Minerals & Energy Outlook: November 2020

October was another mixed month in commodity markets.

Overview

October was another mixed month in commodity markets –with largely sideways movements in iron ore, oil and gold, while LNG and base metals prices were generally stronger.

  • There remains considerable uncertainty around the near term outlook –with growing trade tensions between Australian and China impacting coal and copper, newly introduced COVID-19 restrictions impacting economic activity in Europe and the potential for weather and/or COVID-19 impacting supply across a range of commodities.
  • Hopes have been raised that an effective COVID-19 vaccine will soon be available, following highly successful initial testing. While there is still some way to go, oil prices rose and gold fell in response to reports of vaccine progress.
  • In annual average terms, US dollar denominated commodity prices –measured by our non-rural commodity price index –are forecast to fall by 4.2% in 2020. The index is forecast to increase by 6.7% in 2021, with gold, metallurgical coal and copper the main drivers of this increase.

Find out more in the Minerals & Energy Outlook – November 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