Commodities News - 6/24/09
June 24 (Bloomberg) — Brazil’s Bovespa index rose for a second day as commodities advanced and the Organization for Economic Cooperation and Development said the country is showing signs of an economic recovery.
The Federal Reserve’s assessment that the economy is on the mend gave little comfort to the stock market and bond prices fell after the Fed noted rising prices for commodities.
Commodity prices are expected to be stable and is expected to ease in near future.
Uranium rose to the highest in seven months as energy commodities gained globally.
June 23 (Bloomberg) — Brazil’s Bovespa gained, rebounding from its biggest decline in three months, as commodity prices advanced and analysts said steel demand will recover faster in Latin America’s largest economy than in other countries.
June 23 (Bloomberg) — Canadian stocks rebounded from the biggest decline in more than three months, led by energy and metal producers, as a weaker U.S. dollar raised the appeal of commodities as an alternative investment.
June 23 (Bloomberg) — Brazil’s real rose the most in almost two weeks as commodities such as metals and crude oil rebounded, signaling demand for exports.
June 23 (Bloomberg) — Hong Kong shares slumped after the World Bank’s prediction of a deeper global economic contraction prompted a plunge in commodities prices.
June 23 (Bloomberg) — Gold dropped for a second day as commodities tumbled and the dollar rallied, eroding demand for the precious metal as an alternative investment.
The value of farm and mineral exports will be lower than expected in the coming year, the nation’s chief commodities forecaster has predicted. The Australian Bureau of Agricultural and Resource Econo
Firmer Dollar, Economic Uncertainty Conspire To Sink Major Commodities Investor’s Business Daily By reutersposted 06/22/2009 06:46 PM ET Jittery stock markets and safe-haven dollar buying hurt commodities as an economic recovery play Monday, with copper off 5.3% on signs that Chinese stockpiling for stimulus projects is peaking. … COMMODITIES -Sturdy dollar, recovery rethink hit futures Forexyard COMMODITIES -Copper, gold rise on economic hopes, eye on Fed Forex Pros Metals finish higher amid early…
Optimism stalls amid second thoughts on recovery Reuters That added to a decline that has hit major markets identified with increased risk — global stock markets, currencies such as the euro, and oil, copper, gold and other commodities . All three recently hit multi-month highs — US stocks surged nearly 40 …
ATA Seeks Commodities Markets Transparency Transport Topics Online, Virginia American Trucking Associations Monday called on Congress to increase the transparency of commodities futures markets and impose “reasonable aggregate position limits on energy commodities ,” in an effort to stem the price spikes and record high prices …
WHO-TV Lt. Gov. Judge: Promotes commodities in Europe IowaPolitics.com (press release), IA But most importantly, I will visit with leaders about the high-quality commodities we produce in Iowa, and create new opportunities for overseas trade. This will help give our farmers greater security, create new jobs, and grow Iowa’s economy. … Judge in Europe promoting Iowa agriculture Burlington Hawk Eye all 21 news articles
Reuters Canada CANADA STOCKS-TSX may open lower on sliding commodities Reuters TORONTO, June 22 (Reuters) - Toronto’s main stock index could open lower on Monday as weak commodities pressure the resource-heavy market and investors flee assets perceived to be risky amid doubt over the pace of economic recovery. … CANADA STOCKS-TSX ends higher as commodities offer support Forbes CANADA STOCKS-TSX tumbles as commodities slide Reuters UK Stocks pull back, global economic worries rise; TSX hit by…
Uranium Rises to Seven-Month High as Energy Commodities Gain Bloomberg By Yuriy Humber June 22 (Bloomberg) — Uranium rose to the highest in seven months as energy commodities gained globally and utilities sought to acquire stakes in companies mining the metal. Uranium-oxide concentrate for immediate delivery added $3, … Uranium rises to seven-month high as energy commodities gain Uranium Investing News all 10 news articles
Commodities super cycle is alive and well, report says. Canada.com, Canada By John Morrissy, Canwest News ServiceJune 23, 2009 OTTAWA - The commodities super cycle is alive and well and will return to form following a temporary correction from recent elevated prices, says a report Tuesday from BMO Capital Markets. …
SE Asia Stocks-Most indices around 1-month low; commodities drag Reuters Oil and commodities lead most markets lower * Malaysia recovers late in the session * Concerns over recovery also hurt financial shares By Viparat Jantraprap BANGKOK, June 23 (Reuters) - Most Southeast Asian stock markets tumbled to around a one-month …
Commodities sink on weak economic outlook The Associated Press Prices for everything from silver to oil to corn dropped sharply as investors moved money out of commodities and into safer assets like Treasurys and the dollar after the World Bank said it expects the global economy to shrink by 2.9 percent this year. … Commodity prices rebound on dollar weakness Houston Chronicle Commodity prices rebound on dollar weakness Philadelphia Inquirer Global sharemarkets fell on Monday International Business…
Stock Watch Gold Declines for Second Day in Asia on Commodities , Dollar Bloomberg By Glenys Sim June 23 (Bloomberg) — Gold dropped for a second day as commodities tumbled and the dollar rallied, eroding demand for the precious metal as an alternative investment. Assets held by the SPDR Gold Trust, the biggest exchange- traded fund … Gold hits 6-week low, hit by dollar rise Times of India Gold falls to one-month low as oil down, dollar up MarketWatch India gold may fall this week on global cues …
0 comments
Kick things off by filling out the form below.
Leave a Comment