Thomson Reuters today announced it has extended its commodity research and forecast service on its flagship financial markets desktop, Thomson Reuters Eikon, to include key insight for metals markets professionals.
Thomson Reuters Eikon now enables metals traders and analysts to combine rich research content and forecast analytics from Thomson Reuters GFMS with real-time and historical metals news and pricing information to understand potential future effects on prices.
The global precious metals markets have experienced a significant amount of volatility in the past year. While supply and demand continue to bear influence, external factors such as economic uncertainty have also impacted price, market stability and demand. It is therefore imperative that financial professionals stay ahead of the market to identify key growth opportunities and make confident trading decisions.
Thomson Reuters GFMS is widely acknowledged as the world's leading provider of fundamental research for the precious and industrial metals market. Metals professionals using Thomson Reuters Eikon now have access to this real-time, integrated analysis and research as well as reports on supply and demand factors within the metals markets and their potential impact on market prices.
With a wealth of experience in the sector, Thomson Reuters GFMS expert analysts are regularly on the ground in all the major markets and speak to an unrivalled network of contacts. From miners to end users, they gather information along the entire length of the value chain, obtaining first-hand information and access to key unpublished data sets from the most valuable sources. This is complemented by studies and comprehensive analysis of the economic and financial drivers that influence supply, demand, investor activity and prices in each market.
"Traditionally, research for the metals markets has been by specialists for specialists and it has been accepted that once financial users get the data they have to examine it at length before deciding how to act. By integrating research and forecasts into Thomson Reuters Eikon, we're changing all that," said Mitchel Ingham-Barrow, global head of metals at Thomson Reuters. "Thomson Reuters GFMS in-depth knowledge of the precious and industrial metals markets is widely respected in the industry. By integrating this market intelligence with the innovative tools, real-time news and community of Thomson Reuters Eikon, we are giving metals professionals the data, research and analysis tools they need to make better informed trading decisions."
Thomson Reuters Eikon is designed to provide an intuitive, next-generation solution for consuming real-time and historical data and executing financial markets transactions across asset classes such as foreign exchange (FX), fixed income, commodities, equities and derivatives. It realizes Thomson Reuters vision for a financial markets desktop that is intelligent, simple and social. Driven by powerful search engine technology, Eikon carries real-time data, news, charts, insightful commentary, analytics and trade execution tools through views that can be customized to individual user preferences and workflow.