Reuters reporting a note from Barclays
– Glencore says it’s a misconception that it needs investment grade ratings for its marketing business
– Glencore says it has up to $50bln of credit lines opened for trading with banks, of which only 30% is currently utilised
Glencore still in the headlines but having now erased this week’s share price losses which in turn has steadied equity markets which in turn has put the euro on the back foot again