Thomson Reuters GFMS Palladium Market News:
Date of Release: 5th April 2013
IMPORTANT NOTE: The following is for informational purposes only and was developed by Thomson Reuters GFMS. It does not take into account the investment objectives, financial situation or particular needs of any particular person. Information is from sources believed to be reliable, but is not guaranteed as to its accuracy or completeness. Opinions and estimates are the judgment of Thomson Reuters GFMS and are subject to change without notice. Distribution of this information does not constitute agreement with, or an endorsement of, the views expressed. Obviously, future outcomes are impossible to predict with certainty. Investors should obtain advice based on their own individual circumstances and understand the risks before making any investment decisions.
North American Palladium announced on 21st March the appointment of Phil du Toit as President and Chief Executive Officer of the company.
Palladium jewellery pieces were among the winners of the Jewelers of America national retailer design competition and this year’s MJSA Vision Awards.
Seasonally adjusted US auto sales posted robust performance in March, rising to 15.6 million units. Overall sales in the United States for General Motors, the US biggest automaker by sales, were up by 6% year-on-year.
Sales of light vehicles in China recorded strong gains in the first two months of 2013, rising by 20% year-on-year, well above market expectations. Strong demand was boosted by rapidly improving economic environment in the country.
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