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 …
June 24, 2009 No Comments
Forex Trading News - 6/24/09
For today, in contracts.
(Recasts, updates prices, adds quote)
* Dollar, euro up vs Swiss franc
RIO DE JANEIRO (Dow Jones)–Brazil posted net foreign exchange inflows of $380 million in the June 1-19 period, the Brazilian Central Bank said Wednesday.
Forex markets traded in narrow ranges in the overnight session as traders saw past the immediate data docket, looking for tomorrow?s FOMC policy announcement to guide risk sentiment and set the directional bias for the US Dollar and major currencies.
US Dollar strength looks to be gaining momentum of major forex currencies as the greenback again becomes attractive as a safety play amid reversing stock and commodity markets.
CHICAGO—-W&A Publishing announces its latest book in the SFO Personal Investors Series to help unlock the secrets of trading. The new book, titled “SFO Personal Investor Series: Forex Trading” is available immediately.
Most Forex Brokers will support some level of leverage capacity, marketing the concept as a shortcut to big profits for traders with limited initial capital. Leverage can be an effective profit multiplier for Investtechfx traders; however some traders are using it without understanding the risk that goes with it. www.investtechfx.com
Agencies Mumbai, April 18: India’s forex reserves dipped by USD 2.183 billion to USD 252.977 billion for the week ended April 10, as against 255.160 billion in the previous week.
US Dollar strength looks to be gaining momentum of major forex currencies as the greenback again becomes attractive as a safety play amid reversing stock and commodity markets. Our short Euro, the British Pound and the Australian Dollar exposure yielded 250 pips from last week and we are eyeing opportunities to sell the Canadian and New Zealand dollars against the greenback.
PPA adjusts forex rate in Manila ports Business Mirror, Philippines THE Philippine Ports Authority (PPA) has allowed the adjustment of the peso-dollar exchange rate at the Manila International Container Terminal (MICT) and Manila South Harbor, the country’s two largest container terminals. In a memorandum circular, …
Sify Rupee steady at 48.55/56 against dollar Sify, India At the Interbank Foreign Exchange ( forex ) market, the domestic currency moved in a range of 48.38 and 48.58 during the day after resuming firm at 48.40/42 a dollar against its previous close of 48.56/57 a dollar. The rupee’s surge, however, … Rupee hits 1-month low on dollar gains Indian Express India’s Rupee Drops on Speculation Importers Selling Currency Bloomberg Rupee up tracking a rise in local equities Reuters India Economic…
WORLD FOREX : Dlr Rises Vs Yen, But FOMC Likely To Cap Gains Wall Street Journal By Andrew Monahan TOKYO (Dow Jones)–The dollar and euro gained slightly against the yen in Tokyo Wednesday as Japanese trust funds bought those units to purchase overseas assets. Anticipation of such investments, which the trust funds regularly make …
WORLD FOREX : FOMC Concerns Leave Dollar Falling Wall Street Journal By Nicholas Hastings Of DOW JONES NEWSWIRES LONDON (Dow Jones)–The dollar is under pressure against most other majors in Europe Wednesday as the market hunkers down for the results of the US Federal Open Market Committee meeting later in the day. …
Forex Hound Forex -Trends : EUR/USD Technical analysis Forex Hound, NY EURUSD ex-resistance line at 1.3997 was broken and positive trend has started, for now to break this trend, bears needs to push prices at least to the 1.3990 price level. At current situation bulls taking the lead and buying options can be considered. …
Forex Hound Forex - US Session: Dollar Resumes Downward Trend After Session of … Forex Hound, NY Although every investment involves some degree of risk, the risk of loss in trading off-exchange forex contracts can be substantial. Therefore if you are considering trading in this market, you should be aware of the risks associated with this product … US DOLLAR BULLISH AFTER THE FOMC MEETING ForexTV.com all 6 news articles
AFP FOREX -Dollar, yen climb as risk appetite retreats Reuters If there are fiscal problems in Germany, all the other states in the euro zone just crumble by the wayside,” said Boris Schlossberg, director of currency research at GFT Forex in New York. “That’s why the market is reacting so negatively. … Video: Currency Outlook - Dollar Declines Against the Euro - Bloomberg Bloomberg US dollar falls broadly as equities stabilize guardian.co.uk FOREX -Dollar advances after Fed; Swiss franc…
Will the US Dollar Rally Be Short-Lived? Forexrazor, FL High-Risk Warning Forex , Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex , futures, …
SEC says 4 partners ran $11 million Ponzi scheme The Associated Press OMAHA, Neb. (AP) — The Securities and Exchange Commission says four business partners defrauded investors out of more than $11 million by promising significant returns on a fictitious no-risk investment. The SEC filed a federal lawsuit and obtained an … Ex-CEO, SEC Settle $25M Forex Ponzi Scheme Suit Securities Law 360 (subscription) all 92 news articles
RTT News WORLD FOREX :Swiss Franc Drops Vs Euro,Dlr On Likely SNB Move Wall Street Journal By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The Swiss franc dropped sharply Wednesday against the dollar and euro after what traders said was likely a currency-market intervention. The Swiss National Bank couldn’t be reached to … FOREX -Dollar jumps vs Swiss franc; FOMC statement looms Forex Pros = WORLD FOREX :Dollar Rallies On Less-Dovish FOMC, Likely SNB Move Zawya WORLD FOREX
June 24, 2009 No Comments
Stock Trading News - 6/24/09
June 25 (Bloomberg) — Japanese stocks rose after orders for U.S. durable goods unexpectedly increased and metals prices soared the most in three months.
June 24 (Bloomberg) — China’s stocks rose to the highest in a year, led by commodity producers, after the China News Agency said Asia’s biggest iron-ore deposit was discovered in a northeastern province and raw-material prices gained.
June 24 (Bloomberg) — Emerging-market stocks climbed the most in three weeks, led by Russian raw-materials producers and Taiwan banks, after metal prices rose and the island said it will discuss details of a financial agreement with China next week.
Latin American stocks were mixed on Wednesday as the U.S. Federal Reserve said the economic downturn in Latin America’s top trading partner is slowing.
The Federal Reserve didn’t surprise investors but still left them disappointed. Stocks closed mostly higher Wednesday after the Fed said the economy was on the mend and orders for big-ticket manufactured items posted an unexpected increase.
Stocks lost ground this afternoon after the Federal Reserve kept key interest rates unchanged, and by closing time Wall Street was mixed.
Stocks cut gains further and the Dow turned negative on Wednesday after the Federal Reserve said the economy was likely to remain weak for a time and investors remained nervous over the threat of inflation.
A surprise jump in orders for big-ticket manufactured items is boosting stocks ahead of the Federal Reserve’s decision on interest rates.
Stocks are clinging to early gains despite a surprise drop in new home sales.
A jump in durable goods orders is giving stocks a boost before the Federal Reserve’s decision on interest rates.
Boston Globe US STOCKS -Futures add to gains after durable goods data guardian.co.uk, UK NEW YORK, June 24 (Reuters) - US stock index futures added to gains on Wednesday after government data showed orders for US durable goods rose by a much-stronger-than expected 1.8 percent in May. * S&P 500 futures rose 9.60 points and were above fair … BEFORE THE BELL:US Stk Futures Pumped Up By Durable Goods Data Wall Street Journal Stocks rise after strong durable goods reading WKOW-TV.com US pre-open:…
AFP GLOBAL MARKETS- Stocks trade flat, dollar slips on dim recovery guardian.co.uk, UK By Herbert Lash NEW YORK, June 23 (Reuters) - Global stocks were flat on Tuesday as US housing data reinforced the view of a sluggish recovery, while the US dollar fell on speculation the Federal Reserve may lower expectations of a rate increase. … Video: Currency Outlook - Dollar Declines Against the Euro - Bloomberg Bloomberg GLOBAL MARKETS-Asia stocks recover from 1-month low, eye Fed Forbes Asian stocks…
Apple, Other Tech Stocks Find The Going Rough In Early Trading Wall Street Journal By Rex Crum Technology stocks traded in the red Monday as the sector got off to a disappointing start to the week, as even Apple Inc. (AAPL) lost ground in spite of reporting strong initial sales of the newest version of the iphone. …
The Money Times 3 Stocks Attracting Top Investors Motley Fool By Motley Fool Staff There’s a reason why more than 30000 investors flock to Omaha each May, and millions more rummage through the Berkshire Hathaway annual reports: Gleaning knowledge from proven investors is one way to find the stocks that will make … 5-Star Stocks Poised to Pop: PotashCorp msnbc.com Get Ready for the Fall The Money Times Tuesday’s Biggest Stock Stars Motley Fool Motley Fool - Motley Fool all 69 news articles…
2 Stocks Hitting High Notes Motley Fool With that in mind, we’ll use the aggregate intelligence of the 135000-plus investors participating in Motley Fool CAPS to find stocks hitting 52-week highs today. The community’s approval (signified by four- and five-star ratings) could be a sign that …
RTE.ie Crude Oil Rises as US Stocks Futures Advance, Dollar Weakens Bloomberg By Alexander Kwiatkowski June 23 (Bloomberg) — Crude oil rose for the first time in three days as US equity futures gained and a weaker dollar increased the appeal of commodities as a hedge. Oil gained, after earlier falling below $67 a barrel, … NYMEX-Crude choppy, edges up on dollar, eyes data Reuters Gold Ends the Week 0.4% Lower, Stocks Fall with Crude Oil BullionVault Oil dips under $69 on higher gasoline stocks …
European Stocks Pare Their Decline; US Index Futures Gain Bloomberg By Daniel Hauck June 23 (Bloomberg) — European stocks pared their decline and were little changed as retailers, automakers and utilities gained, while US index futures advanced. Europe’s Dow Jones Stoxx 600 Index was down less than 0.1 percent at 9:53 … MARKET COMMENT: London Stocks End Down, On Oil Producers Wall Street Journal Stocks tumble on bleak outlook for world economy The Associated Press US Stocks Fluctuate as Boeing…
Earthtimes (press release) Japan Stocks : Laox, NSK, Shinsei Bank, Showa Shell, Softbank Bloomberg By Norie Kuboyama and Akiko Ikeda June 24 (Bloomberg) — Japan’s Nikkei 225 Stock Average rose 40.71, or 0.4 percent, to 9590.32 as of the close in Tokyo. The following were among the most active shares in the Japanese market today. … Tokyo Shares End Up; Individuals Buy Green Stks, FOMC Awaited Wall Street Journal Japan Hot Stocks -Panasonic, Chugai Pharmaceutical Forbes JGBs rise after Nikkei…
Brazil Stocks Open Higher On Optimism Ahead Of Fed Decision Wall Street Journal The benchmark Ibovespa stocks index opened 0.9% higher at 50256 points on the Brazilian Stock exchange, or Bovespa. Traders were cautious ahead of the rate decision from Washington but sentiment was buoyed by news that the Organization for Economic … CORRECTED - Brazil stocks waver as Wall St slips, but currency up Reuters all 50 news articles
Straits Times Stocks trim gains after Fed CNNMoney.com Stocks rose from the opening bell through early afternoon on a better-than-expected reading on durable goods orders and Oracle’s quarterly results and forecast. But the advance lost steam after the Fed announcement. The central bank opted to hold the … TREASURIES-Bonds hit by stocks , durables; Fed awaited Reuters Stocks End Mixed, Mostly Higher Wednesday KWTX Stocks market gains ahead of Fed statement | kxnet.com North … Reiten Television…
June 24, 2009 No Comments
Futures Trading News - 6/24/09
June 25 (Bloomberg) — Japanese and Australian stock futures rose after orders for U.S. durable goods unexpectedly increased and metals prices soared the most in three months.
ST. LOUIS (AP) — Hall of Fame shortstop Ozzie Smith and St. Louis third base coach Jose Oquendo will serve as managers for the All-Star Futures Game.
June 24 (Bloomberg) — Natural gas futures fell for a fifth day in New York as a government report tomorrow may show that weak demand, prompted by mild weather and the recession, is pushing U.S. stockpiles toward a record high.
CHICAGO, June 24 (UPI) — Grains futures closed mixed on the Chicago Board of Trade Wednesday as the dollar gained in strength against the euro and the yen.
Agriculture futures trade mixed on the CBOT
Agriculture futures mostly rose early trading Wednesday on the Chicago Board of Trade.
A surprise jump in durable goods orders is giving stock futures a boost before the Federal Reserve’s decision on interest rates.
Stock index futures added to gains on Wednesday after government data showed orders for U.S. durable goods rose by a much-stronger-than expected 1.8 percent in May.
Stock index futures pointed to a higher open on Wednesday with the Federal Reserve expected to soothe recent concerns that it could hike interest rates later this year as the economy shows signs of stabilizing.
Stock futures pointed to a higher open on Wednesday with the Federal Reserve expected to say it will not raise interest rates for some time.
India stock futures see short covering ahead of expiry Reuters India, India MUMBAI, June 24 (Reuters) - Rollovers in India’s stock futures started to rise ahead of the expiry of the current month series and investors rolled over shorts mostly, analysts said on Wednesday. The Nifty June contract NIFc1 ended up 1.3 percent at …
US Stock Futures Extend Gains After Durable Goods Top Estimate Bloomberg By Michael P. Regan June 24 (Bloomberg) — US stock-index futures extended gains after orders for durable goods topped economists’ estimates, adding to evidence the worst of the recession is over. Futures on the Standard & Poor’s 500 Index expiring in …
Copper jumps on softer dollar, awaits Fed decision Reuters South Africa, South Africa A weaker dollar makes dollar-priced commodities cheaper for holders of other currencies, and dollar backsliding helped lift the benchmark Reuters-Jefferies CRB Index of 19 commodity futures by 1.5 percent on Tuesday. Benchmark Shanghai copper jumped … Metals finish higher amid early weakness in dollar Staten Island Advance - SILive.com Oil, Copper Rebound On Dollar Skid; Cloudy Outlook Is Persistent Theme …
AFP US Markets Wrap: Dollar Drops Most in 6 Weeks; Oil, Gold Rise Bloomberg Futures traders added to bets that Federal Open Market Committee will keep the benchmark rate close to zero for the rest of this year to support a return to economic growth. The greenback extended declines as European Central Bank council member Axel … Video: Currency Outlook - Dollar Declines Against the Euro - Bloomberg Bloomberg GLOBAL MARKETS-Stocks trade flat, dollar slips on dim recovery guardian.co.uk Asian stocks…
Straits Times European Stock Futures Drop; Euro Stoxx 50 Contract Falls 0.4% Bloomberg By Daniel Hauck June 22 (Bloomberg) — European stock-index futures declined as the World Bank said this year’s global recession will be deeper than it predicted in March. Futures on the Dow Jones Euro Stoxx 50 Index slipped 0.4 percent to 2421 at 7:48 … Stock Futures Point to Lower Open Wall Street Journal Stocks pull back as global economic worries rise Forbes US STOCKS-S&P gains on bargain hunting, but…
Reuters Blogs Senate study confirms wheat futures distorted by influx of … Feedstuffs, MN A Senate subcommittee, which spent the past year investigating the impact of index fund traders on the Chicago wheat futures market, concluded that the new money pouring into traditional agricultural hedging market has significantly distorted the … Senate probe finds inflated prices in wheat market Forbes CME Group, NASDAQ OMX Celebrate 10th Anniversary of E-mini NASDAQ … FOXBusiness all 93 news articles
The Money Times Ag futures mixed, livestock prices mostly up The Associated Press CHICAGO (AP) — Agriculture futures were mixed in early trading Tuesday on the Chicago Board of Trade. Wheat for July delivery slid 2.5 cents to $5.435 a bushel, and July corn shed 3.75 cents to $3.815 a bushel. July soybeans rose 9.5 cents to $11.61 a … GRAINS-US grains off lows; weather, economy curb bounce Forbes US soy, corn markets subdued Globe and Mail CBOT Corn Review: Up In ‘Tepid’ Short-Covering…
BBC News Stock futures rise ahead of Fed, economic data The Associated Press Stock futures rose modestly, indicating a higher open on Wall Street, ahead of the Fed’s decision on interest rates and assessment of the economy. The market is also awaiting reports Wednesday on durable goods orders and new home sales. … US Fed rate freeze puts Wall Street blue chips in spin National Business Review US Stock index futures point to higher open Wednesday Business Day Stocks flat ahead of home sales data,…
Washington Times BEFORE THE BELL:US Stk Futures Pumped Up By Durable Goods Data Wall Street Journal By Barbara Kollmeyer NEW YORK (Dow Jones)–US stock futures pointed to a stronger open on Wednesday, after the government reported a more upbeat-than-anticipated rise in orders for US durable goods and ahead of words on monetary policy from the Federal … Stock futures rise after strong durable goods data The Associated Press Stocks Look To Open Higher On Promising Durable Goods Figures - US … RTT…
Stock Watch OIL FUTURES : Crude Weaker Ahead Of US Inventory Data Wall Street Journal By Madalina Iacob Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude futures weakened Wednesday as investors anticipated data will show a rise in US gasoline stockpiles in the middle of the summer driving season. Light, sweet crude for August delivery … Oil Little Changed After Falling on Gain in US Fuel Supplies Bloomberg Crude Oil Recovers But Remains Pressured Below 70 Forex Factory Crude slips under $69 on…
June 24, 2009 No Comments
Forex Trading News - 6/23/09
FXstreet.com (Córdoba) – Dollar is plunging across the board. EUR/USD is now below 1.4100 at 1.4080/85 but is 1.65% above today opening price.
FXstreet.com (Barcelona) - USD/JPY has broken the 95.00 level in a Yen recovery path against the Greenback. After rejecting from 95.90 resistance in the European session, USD/JPY has fallen around 100 pips to post 94.88 as new 3-week low.
US Dollar strength looks to be gaining momentum of major forex currencies as the greenback again becomes attractive as a safety play amid reversing stock and commodity markets.
CHICAGO—-W&A Publishing announces its latest book in the SFO Personal Investors Series to help unlock the secrets of trading. The new book, titled “SFO Personal Investor Series: Forex Trading” is available immediately.
* Euro rises above $1.40 as equities stabilize
FRANKFURT -(Dow Jones)- The Eurosystem’s reserves of gold and gold receivables decreased EUR20 million to EUR240.725 billion in the week ended June 19, the European Central Bank said Tuesday.
FXstreet.com (Barcelona) - Australian Dollar continues weakening, and decline from 0.8120 high on Friday have extended to levels about 320 pips lower, to 0.7790, 1-month low. At the moment, the Aussie trades at 0.7810, 0.71% below its opening level.
Most Forex Brokers will support some level of leverage capacity, marketing the concept as a shortcut to big profits for traders with limited initial capital. Leverage can be an effective profit multiplier for Investtechfx traders; however some traders are using it without understanding the risk that goes with it. www.investtechfx.com
US Dollar strength looks to be gaining momentum of major forex currencies as the greenback again becomes attractive as a safety play amid reversing stock and commodity markets. Our short Euro, the British Pound and the Australian Dollar exposure yielded 250 pips from last week and we are eyeing opportunities to sell the Canadian and New Zealand dollars against the greenback.
Japanese and German sentiment indicators boost optimism, but did they really bolster their respective currency?
Ex-CEO, SEC Settle $25M Forex Ponzi Scheme Suit Securities Law 360 (subscription), NY Law360, New York (June 22, 2009) — James Ossie, the former president and CEO of CRE Capital Corp., has agreed to give back the money he allegedly bilked from investors through a $25 million Ponzi scheme, settling securities fraud accusations leveled …
New Zealand Dollar Technical Outlook Forexrazor, FL High-Risk Warning Forex , Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex , futures, …
Leverage Options Expanding Rapidly in World of Forex PR Web (press release), WA Most Forex Brokers will support some level of leverage capacity, marketing the concept as a shortcut to big profits for traders with limited initial capital. Leverage can be an effective profit multiplier for Investtechfx traders; however some traders …
Forexyard FEAR RETURNS TO WORLD FOREX , COMMODITY, STOCK MARKETS & TRADER … Seeking Alpha, NY On Monday, before the US markets opened in the US we warned that while stocks had recently remained range bound, there were worrisome signs of more downside. We saw the following daily S&P chart. The “Doji Star” (cross-shape) candlestick of June 19 is … Forex and Financial Market Update 22 June 2009 Forexrazor Forex Events this Week - Volatility Ahead? Forexyard USD higher supported by a…
Forex Hound Forex - US Session: Risk Aversion Trade Back In Play As Investors … Forex Hound, NY Although every investment involves some degree of risk, the risk of loss in trading off-exchange forex contracts can be substantial. Therefore if you are considering trading in this market, you should be aware of the risks associated with this product … FEAR OF HIGHER INTEREST RATES TRIGGERS ADJUSTMENTS IN THE MARKETS ForexTV.com all 6 news articles
Canadian Forex Midday: C$ Recovers As Crude Oil Rises Wall Street Journal WINNIPEG (Dow Jones)–The Canadian dollar was trading at a firmer level versus the US dollar at midday Tuesday, having come off its earlier weakness. At 12:54 pm EDT, the Canadian dollar was trading at 86.94 US cents, or C$1.1502 per US$1, …
3 News NZ FOREX -Yen gains on economic concerns, eyes on dollar debt Reuters By Jessica Mortimer LONDON, June 23 (Reuters) - The yen rose broadly on Tuesday, hitting a one-month high against the euro and a three-week high against the dollar, benefiting from creeping doubts about the sustainability of any economic recovery. … Video: In Depth Look On Asian Currency - Bloomberg Bloomberg WORLD FOREX : Dollar Dominates As Commodity Currencies Sell Off Wall Street Journal FOREX -Dollar drops as recovery…
FOREX -Dollar, yen climb as risk appetite retreats Reuters If there are fiscal problems in Germany, all the other states in the euro zone just crumble by the wayside,” said Boris Schlossberg, director of currency research at GFT Forex in New York. “That’s why the market is reacting so negatively. …
WORLD FOREX : Dollar Slips Despite Higher Risk Aversion Wall Street Journal By Nicholas Hastings Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Risk aversion continues to edge higher but the dollar is mostly lower in Europe Tuesday. The US currency is lower against the yen, given the Japanese currency’s greater safe haven status, …
Reuters WORLD FOREX : Dollar Extends Losses Against Euro, Yen, Franc Wall Street Journal By Paul Evans Of DOW JONES NEWSWIRES TORONTO (Dow Jones)–The dollar has extended its losses midday Tuesday, falling to multi-week lows against the euro, yen and Swiss franc amid a more risk-friendly global environment and widespread position-adjusting … Video: Currency Outlook - Dollar Declines Against the Euro - Bloomberg Bloomberg Dollar drops on reduced safe-haven flows guardian.co.uk WORLD FOREX : Euro Gains…
June 23, 2009 No Comments
Commodities News - 6/23/09
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
NEW YORK (MarketWatch) — Canadian stocks fell sharply on Monday, after the World Bank issued gloomier forecasts on the global economy for the year, which hit hard the price of commodities and their related sectors in Toronto.
June 22 (Bloomberg) — U.S. and European stocks fell, extending losses from the first weekly decline for global equities in more than a month, as the World Bank said the recession will be deeper than previously forecast. Treasuries rose, while a drop in commodities sent oil below $68 a barrel.
Russian Stocks Sell Off As Commodities Drop
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.
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.
Chile Stks End Down 2.5% On Profit-Taking, Commodities Prices Wall Street Journal By Julian Dowling SANTIAGO (Dow Jones)–Chile’s Ipsa blue-chip stock index closed sharply lower Monday, due to profit-taking and lower commodities prices amid a broad sell-off in the US market following the release of a bearish World Bank economic …
The Moscow Times Russian stocks sell off as commodities drop MarketWatch “Russia is the highest beta large market in the emerging market asset class and looks more vulnerable during a period of global weakness, especially if commodities also weaken,” said Chris Weafer, chief strategist at Uralsib, in a note to clients. Emerging-Market Stocks in ‘Correction’ After 10% Drop in 2009 Bloomberg Bulls retreat worldwide; in Russia, the bear is already back Los Angeles Times World Markets…
Brazil Stocks Open Lower On Falling Commodities , Risk Aversion Wall Street Journal By Jeff Fick RIO DE JANEIRO (Dow Jones)–Brazilian blue-chip shares opened sharply lower Monday on tumbling commodities prices and a growing wave of aversion to emerging market risk. The index opened 1.4% lower at 50642 points, down from Friday’s close … Brazil Stocks End Sharply Lower On Risk-Related Sell-Off Wall Street Journal all 5 news articles
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, …
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 …
Washington Post Stocks, Commodities Fall as World Bank Sees 2.9% Contraction … Bloomberg Stocks and commodities slid as the World Bank said unemployment and poverty will rise in developing nations and predicted a 2.9 percent contraction in the global economy this year. That compares with a prior estimate of a 1.7 percent decline. … European Factors-Shares seen mixed as commodities dip Forbes Volatility returns as market goes into tail spin The Australian Australian Market Slumps More Than 3% On…
Canada Stocks Gain as Teck, Potash Corp. Rise With Commodities Bloomberg “We still have what people want, which is our commodities ,” said Douglas Davis, chief executive officer of Toronto-based Davis-Rea Ltd., which manages about C$400 million. “I think we are in pretty good shape.” US treasuries advanced for a third day as …
Thanh Nien Daily 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 … PRECIOUS METALS: Fund Selling Pressures Comex Gold Futures Wall Street Journal Gold rallies from 6-week low on limp dollar Reuters Gold falls to one-month low as…
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. … Did commodity prices get ahead of fundamentals? BloggingStocks all 77 news articles
ArabianBusiness.com Oil, Gasoline Rise as Dollar Drop Boosts Appeal of Commodities Bloomberg By Mark Shenk June 23 (Bloomberg) — Crude oil rose more than $1 a barrel and gasoline climbed for the first time in five days as a weaker dollar bolstered the appeal of commodity futures as an alternative investment. Oil climbed as the US currency … Commodities : Oil settles below $70 ShareCast Commodities : If Iran Blows, Watch Oil International Business Times Australia Oil volatile around $67 on grim World…
June 23, 2009 No Comments
Stock Trading News - 6/23/09
Stocks were nearly flat on Tuesday as investors hunted for bargains after Monday’s steep sell-off, offsetting a drop in industrial shares as Boeing announced another delay in its 787 Dreamliner flight.
June 23 (Bloomberg) — Developing-nation stocks fell for a second day, sending the MSCI Emerging-Markets Index down more than 10 percent from its 2009 high, amid concern the global recession will persist.
What’s that sound? That rumbling from Wall Street? The broad market has cooled off this month. But some stocks are taking the June swoon in stride, thank you very much.
A rise in existing home sales has done little to revive stocks ahead of the Federal Reserve’s decision on interest rates.
Fund manager Paul Abel has one warning for investors looking to delve into pharmaceutical and biotech stocks: Don’t think you’ll spot the next Amgen.
Stocks were mixed Tuesday as investors considered a weaker-than-expected housing market report and a well-received Treasury bond auction as the Federal Reserve meeting got underway.
European stock markets recovered slightly on Tuesday after Asian and US stocks tumbled on fresh fears that a global economic recovery may not come through as quick as hoped, traders said.
European stocks clawed back some ground Tuesday, with Wall Street also expected higher, after a heavy sell-off on Monday, when the World Bank warned that the global economic downturn would be deeper than previously predicted.
Stocks were headed for a higher opening on Tuesday morning as investors reacted to Moody’s saying it will maintain the United States’ credit rating at triple-A. They also awaited the beginning of the two-day meeting of the Federal Reserve.
Asian stocks tumbled on Tuesday, as confidence in the recovery ebbed and falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen for safety.
US STOCKS SNAPSHOT-Wall St sinks, S&P turns negative for 2009 Reuters NEW YORK, June 22 (Reuters) - US stocks slid on Monday and pushed the S&P 500 back into negative territory for the year, in a broad-based sell-off as investors reconsidered the economy’s health. The Dow Jones industrial average . … Wall Street Stocks Set To Open Lower On Negative Sentiment AHN US STOCKS -Wall St set to rise after worst day in two mths Reuters UK REFILE-US STOCKS -Sell-off puts S&P in negative spot for…
Telegraph.co.uk Stocks Mixed; Obama Talks Health Care TheStreet.com The major stock indices in New York were narrowly mixed Tuesday as President Obama addressed a trio of issues; Boeing(BA Quote) delayed its 787 Dreamliner and existing-home sales data disappointed. The Dow Jones Industrial Average was down 15 points, … US STOCKS -Wall St drops as Boeing delay, housing data weigh Reuters UK Wall Street opens higher after slide; Boeing skids KUAR all 793 news articles
STOCKS NEWS US-VIX July 42.5 calls become crowd favorite Forbes, NY Reuters data. One top trade was 395 contracts on the bid-side for a premium of $1.63 on the CBOE. It looks like premium sellers are driving the flow in the said WhatsTrading.com option strategist Frederic Ruffy. The October $19 put contract volume …
Anglo American, Remgro, Sasol, BHP: South Africa Stocks Preview Bloomberg By Ron Derby and Janice Kew June 23 (Bloomberg) — The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close. … RPT-S.Africa stocks dip on global markets, profit gloom Interactive Investor S.Africa stocks weaker on metals London South East all 30 news articles
Apple, Other Tech Stocks Find The Going Rough In Early Trading Wall Street Journal By Rex Crum Technology stocks traded in the red Monday as the sector got off to a disappointing start to the week, as even Apple Inc. (AAPL) lost ground in spite of reporting strong initial sales of the newest version of the iphone. …
London South East TREASURIES-Extend gains as Asian stocks fall, auction eyed Forbes, NY TOKYO, June 23 (Reuters) - US Treasuries prices edged higher in Asian trade on Tuesday, extending gains made the previous day as investors looked to low-risk debt over falling shares, but market participants were cautious ahead of a debt sale. … Bonds Turn Positive as Stocks Slip CNBC TREASURIES-Bonds climb in safe-haven bidding as stocks fall Interactive Investor all 163 news articles
CORRECTED - Brazil stocks waver as Wall St slips, but currency up Reuters SAO PAULO, June 23 (Reuters) - Brazil’s stocks seesawed on Tuesday as oil giant Petrobras shares’ gains were offset by worries about the health of the world economy. US existing home sales increased at a slower-than-expected pace in May, indicating the … Brazil markets slump on commodity, global stocks Reuters India all 31 news articles
Emerging-Market Stocks Tumble Into Correction; Yen Strengthens Bloomberg By Michael Patterson and Laura Cochrane June 23 (Bloomberg) — Stocks of developing nations fell, dragging the MSCI Emerging Markets Index down 10 percent from its 2009 peak on concern the recovery will be weaker than economists forecast. …
Mexico Stocks Extend Losses After Monday Sell-Off; IPC -0.2% Wall Street Journal By Ken Parks MEXICO CITY (Dow Jones)–Mexico’s stocks were trading slightly lower early Tuesday, following a steep drop the previous session after the World Bank cut its forecast for global economic growth this year. The market’s IPC index of leading … Mexico stocks tumble on global outlook; peso firms Forex Pros all 20 news articles
Washington Post UK Stocks Advance, Led by Mining Companies, Thomson Reuters Bloomberg By Roger Neill June 23 (Bloomberg) — UK stocks advanced, with the benchmark FTSE 100 Index rebounding from its lowest in seven weeks, as higher commodity prices boosted raw-material producers. Antofagasta Plc, the copper producer controlled by Chile’s … MARKET COMMENT: London Stocks End Down, On Oil Producers Wall Street Journal European stocks up as US heads for modest gains eTaiwan News Red rage on Dalal…
June 23, 2009 No Comments
Forex Trading News - 6/23/09
Gold Futures End Slightly Higher
June 23 (Bloomberg) — Natural gas futures dropped for a fourth day as ample supplies signaled reduced demand from users of the factory and power-plant fuel.
June 23 (Bloomberg) — Natural gas futures dropped for a fourth day as ample supplies signal reduced demand from users of the industrial and power-plant fuel.
June 23 (Bloomberg) — Crude oil rose for the first time in three days as U.S. equity futures gained and a weaker dollar boosted the appeal of commodities as an alternative investment.
Gold futures extend Monday’s steep decline, albeit modestly, with the precious metal stuck in a range ahead of what the monetary-policy statement from the Federal Open Market Committee will say.
Agriculture futures were mixed in early trading Tuesday on the Chicago Board of Trade. Wheat for July delivery slid 2.5 cents to $5.435 a bushel, and July corn shed 3.75 cents to $3.815 a bushel.
Agriculture futures were mixed in early trading Tuesday on the Chicago Board of Trade.
Gold Futures Edge Higher As U.S. Dollar Slips
Investors are cautiously upbeat again after Monday’s big selloff. Stock futures are edging higher early Tuesday ahead of the National Association of Realtors’ report on May sales of existing homes.
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes were up 0.3-0.5 percent on Tuesday morning, pointing to a higher start on Wall Street.
Europe Gasoline-Plummets on lower US RBOB futures Reuters LONDON, June 22 (Reuters) - European gasoline prices plummeted by more than 8 percent on Monday after a large sell-off in US RBOB gasoline futures lowered expectations for exports to the United States. European barges have fallen by almost $60 in one …
India’s Commodity Futures Turnover to Spurt on Demand Bloomberg China’s three commodity exchanges traded a record 71.9 trillion yuan worth of futures contracts last year, 76 percent more than in 2007. “If we are the largest consumers and producers of several commodities, we should emerge as price-setters as well,” … Commodity transaction tax: A thorn in the flesh Economic Times all 3 news articles
US Stock Futures Rise; Alcoa, Citigroup, Motorola, Freeport … Bloomberg By Daniela Silberstein June 23 (Bloomberg) — US stock futures rose, indicating the Standard & Poor’s 500 Index may rebound from the steepest drop in two months, as higher metals prices boosted commodity producers and economists forecast that home …
Gold futures end slightly higher MarketWatch NEW YORK (MarketWatch) — Gold futures ended slightly higher on Tuesday following a volatile trading session. Gold for August delivery gained $3.30 to end at $924.30 an ounce on the New York Mercantile Exchange. The precious metal is stuck in a trading …
Washington Post European Stocks Pare Their Decline; US Index Futures Gain Bloomberg By Daniel Hauck June 23 (Bloomberg) — European stocks pared their decline and were little changed as retailers, automakers and utilities gained, while US index futures advanced. Europe’s Dow Jones Stoxx 600 Index was down less than 0.1 percent at 9:53 … Unconvincing Economic Signals To Keep Sentiment Subdued RTT News European Stock Futures Drop; Euro Stoxx 50 Contract Falls 0.4% Bloomberg US Stock Futures…
MiamiHerald.com BEFORE THE BELL: US Stk Futures Up After Monday’s Rout Wall Street Journal By Steve Goldstein NEW YORK (Dow Jones)–US stock futures edged higher Tuesday after a pounding in the previous session, with markets looking to see if expected housing data can soothe battered bulls. S&P 500 futures rose 3.8 points to 892.80 and … Global markets slump as economic recovery hopes fade National Business Review Morning Market Summary International Business Times Australia US Stocks Set To…
The Money Times Ag futures mixed, livestock prices mostly up The Associated Press CHICAGO (AP) — Agriculture futures were mixed in early trading Tuesday on the Chicago Board of Trade. Wheat for July delivery slid 2.5 cents to $5.435 a bushel, and July corn shed 3.75 cents to $3.815 a bushel. July soybeans rose 9.5 cents to $11.61 a … GRAINS-US grains off lows; weather, economy curb bounce Forbes Grain futures fall sharply United Press International Chicago grain futures plunge on world economy…
Boston Globe Before the bell: Stock futures advance as Moody’s reiterates US rating BloggingStocks US stock futures advanced Tuesday morning, pointing to a higher open on Wall Street, a day after markets sold off sharply. Today is the first day of the Federal Reserve policy meeting, but a statement is not expected until tomorrow. … Wall Street Set To Open Higher On Moody’s Rating Affirmation Ahead … AHN S&P, Dow and Nasdaq fall Jamestown Sun US STOCKS-S&P turns negative for year in…
Thanh Nien Daily PRECIOUS METALS: Fund Selling Pressures Comex Gold Futures Wall Street Journal By Matt Whittaker Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Gold futures retreated Monday as funds sold the metal while the dollar rose. August gold fell $15.20 to settle at $921 an ounce on the Comex division of the New York Mercantile Exchange. … Gold, Silver Rise as Sliding Dollar Revives Investment Demand Bloomberg Gold stocks take a beating as dollar’s strength cuts into gold … AXcess News…
ArabianBusiness.com OIL FUTURES : Crude Slides As Equities Turn Negative Wall Street Journal NEW YORK (Dow Jones)–Crude oil futures traded into negative territory, hovering around $67, as equities fell on weaker-than-expected housing data. Light, sweet crude for August delivery recently traded 53 cents, or 0.8%, lower at $66.97 a barrel on … Crude Oil Rises as US Stocks Futures Advance, Dollar Weakens Bloomberg OIL FUTURES : Crude Steady With Equities; Stockpiles Eyed Wall Street Journal OIL FUTURES…
June 23, 2009 No Comments
Forex Trading News - 6/22/09
FXstreet.com (Barcelona) - The USD/CHF’s recovery from 1.0830 has been capped at 1.0850 in the last hour and the pair has fallen to test 1.0850. Currently the pair is trading 1.0855/65, 0.50% above today’s opening price.
FXstreet.com (Barcelona) - The Cable’s decline have continued after a short halting in the Early American session and the GBP/USD have fallen around 100 pips in the last two hours from 1.6437 to post a fresh intra-day low at 1.6330. Currently the pair is falling 1.00% from 1.6480 opening price to the current 1.6340/50.
WASHINGTON, June 22 (Reuters) - The decision by Belarus to widen the exchange rate band to 10 percent from 5 percent will make it easier for the economy to absorb external shocks, a senior IMF official said on Monday.
FXstreet.com (Barcelona) - After rising around 70 pips from 1.3830 to test the 1.3900 resistance in the last hour, EUR/USD has been rejected by 1.3902 to levels below 1.3850. Currently the pair is trading around 0.70% from opening price to the current 1.3845/55.
Fxstreet.com (Barcelona) - After trading in a small range between 95.80 and 96.00 levels, USD/JPY has testing the 96.00 level again after posting 95.72 as intra-day low. Currently the pair is trading around 95.80/90.
FXstreet.com (Barcelona) - The Euro has bounced at 1.3825 intra-day low and the pair has stretched to levels 100 pips above, reaching resistance level at 1.3880.
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* Euro falls across board on fiscal, growth worries
FXstreet.com (Barcelona) - Australian Dollar has dipped further during Asian and European session so far, and, rejection from 0.8120 high on Friday has reached levels below 0.8000 support on European session.
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WORLD FOREX : Euro Strength Persists With Rising US Stocks Wall Street Journal By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The euro continues to stay strong against the dollar Friday, with rising US stocks encouraging risk appetite. The euro is a higher-yielding asset, which attracts investors when market … WORLD FOREX : Risk Appetite Hits Dollar, Helps Euro Wall Street Journal all 7 news articles
FOREX VIDEO REVIEW: London Session June 22, 2009 Forex Factory We began today’s London session already enjoying a decent GBP/USD short trade from pre-London. However, we find ourselves at a Weekly central pivot point, and 4 hour 21 ema exactly at London open. Even if there would be further downside in the British … London Market Call: GBP|Major Resistance at 1.6480|6-22-09|2200 GMT. Forex Factory all 2 news articles
FOREX -Euro slides ahead of ECB refi op; Fed awaited Reuters India, India By Farah Master LONDON, June 22 (Reuters) - The euro fell against the dollar and yen on Monday, and higher-yielding and commodity-linked currencies also slipped on investor concern for global growth prospects. The euro came under pressure as the market … FOREX -Euro falls ahead of ECB refi op; Fed awaited Reuters all 19 news articles
Traders Anticipate Heavy News this Week in Forex Forexyard, Cyprus However, any change that might take place is prone to sow disorder in the market, and forex traders should be ready for it. The encouraging homes sales and manufacturing figures from the US last Thursday helped boost confidence in the USD against the … USD higher supported by a spike in risk aversion FXstreet.com The Foreign Exchange Market A look back and ahead on USD/CAD, AUD/USD Forex Factory EUR/USD & GBP/USD technical update …
The Weekly Briefing for Forex , Commodities, & World Equity Index … Seeking Alpha, NY As the week opens, perhaps the biggest question is whether Forex , Commodities, and World Stock Indices will continue to trade in relatively tight, well defined trading ranges/channels/tunnels (whatever term you prefer), as all markets await further … The Forex / Stock Debate: Is Trading Forex or Trading Stock Better? EconomyWatch.com all 3 news articles
WORLD FOREX : Dollar Sold Vs All Major Currencies Wall Street Journal “The state set no limits on spending, and we’re heading that way across the US as well, raising concerns [on the dollar],” said Jacob Oubina, a currency strategist at Forex .com. The dollar, therefore, was sold off in a knee-jerk reaction. … Dollar Falls, but Risk Hunger Isn’t the Culprit Wall Street Journal all 16 news articles
IMF says wider Belarus forex band adds flexibility Forbes, NY WASHINGTON, June 22 (Reuters) - The decision by Belarus to widen the exchange rate band to 10 percent from 5 percent will make it easier for the economy to absorb external shocks, a senior IMF official said on Monday. Chris Jarvis, the imf’s mission …
WORLD FOREX :Yen Up Vs Euro, Dlr On Soft Nikkei Ahead Of FOMC Wall Street Journal By Miho Nakauchi TOKYO (Dow Jones)–The yen advanced against the dollar and euro in Asia Monday as players took profits on riskier currencies, taking cues from lackluster Japanese stock markets while adjusting positions before the coming Federal …
Forexyard WORLD FOREX : Dollar Dominates As Commodity Currencies Sell Off Wall Street Journal By Don Curren OF DOW JONES NEWSWIRES TORONTO (Dow Jones)–The US dollar is broadly higher late Monday morning on renewed risk aversion, with the commodity currencies such as the Canadian and Australian dollars in particular are selling off sharply as … FOREX -Dollar, yen climb as risk appetite retreats Reuters Forex and Financial Market Weekly Outlook 21 June to 26 June 2009 Forexrazor FOREX -Dollar rises vs…
June 22, 2009 No Comments
Commodities News - 6/22/09
NEW YORK (MarketWatch) — Canadian stocks fell sharply on Monday, after the World Bank issued gloomier forecasts on the global economy for the year, which hit hard the price of commodities and their related sectors in Toronto.
NEW YORK—-Bache Commodities Group, a subsidiary of Prudential Financial, Inc. , announced today that it is continuing to expand its FX Prime Brokerage activities with the addition of key sales and middle office professionals.
June 22 (Bloomberg) — U.S. and European stocks fell, extending losses from the first weekly decline for global equities in more than a month, as the World Bank said the recession will be deeper than previously forecast. Treasuries rose, while a drop in commodities sent oil below $68 a barrel.
Russian Stocks Sell Off As Commodities Drop
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.
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. World stocks slipped Monday while government bonds and the U.S. dollar rose as a decline in oil prices, caution ahead of this week’s U.S. data and a U.S. Federal …
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.
The benchmark indices retreated after Friday’s gain on the back of fall in commodities in international markets and weak global cues. The sell-off in oil & gas, metal, cement, realty, telecom, power and select banking stocks pushed the Nifty below the 4250 mark. Reliance Industries fell over 5% after losing over 13% in last week.
China has been driving up commodities prices by stockpiling to prepare for global recovery, but with inventories overflowing and no end to the crisis in sight, analysts say the rally may soon end.
US Stocks Slide In Broad Sell-Off; DJIA Off 170 Wall Street Journal By Peter A. McKay and Geoffrey Rogow Broad-based selling across the globe spilled into Monday’s US session, with the energy and materials sectors in the lead due to a sharp drop in commodities prices. Recently, the Dow Jones Industrial Average was down … Crude Cripples Markets; S&P Turns Red in ‘09 FOXBusiness Stocks Dip on Dimmer World View TheStreet.com Midday Market Check - The Dow Jones Industrial Average Drops 190 … …
Nanaimo Daily News 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. … TSX sharply lower as commodities falter ReportonBusiness.com CANADA STOCKS-TSX drops 4 pct as commodities dive Reuters CANADA STOCKS-TSX tumbles as commodities slide Reuters all 99…
European Factors-Shares seen mixed as commodities dip Forbes, NY PARIS, June 22 (Reuters) - European equities were seen mixed on Monday following the previous session’s strong gains, with resource-related stocks feeling the pinch of lower commodity prices while investors turn cautious ahead of the US Federal Reserve …
Stocks Down, Dollar Up Forbes, NY The negative opening came as the World Bank cut its 2009 growth forecasts for most countries, saying the prospects for the global economy remain “unusually uncertain”. Oil and other enegry commodities fell, as did a basket of major currencies against … Dollar gains after World Bank cuts growth forecast The Associated Press all 59 news articles
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, …
Brazil Stocks Open Lower On Falling Commodities , Risk Aversion Wall Street Journal By Jeff Fick RIO DE JANEIRO (Dow Jones)–Brazilian blue-chip shares opened sharply lower Monday on tumbling commodities prices and a growing wave of aversion to emerging market risk. The index opened 1.4% lower at 50642 points, down from Friday’s close …
Canadian stocks pummeled by commodities slide MarketWatch By Nick Godt, MarketWatch NEW YORK (MarketWatch) — Canadian stocks fell sharply on Monday, after the World Bank issued gloomier forecasts on the global economy for the year, which hit hard the price of commodities and their related sectors in Toronto. …
Forexyard Yen Rises as World Bank’s View, Commodities Spur Safety Demand Bloomberg Japan’s currency advanced 2.3 percent to 75.84 versus the Australian dollar and gained 2.5 percent to 14.67 against the krone as the World Bank’s economic outlook and the drop in commodities discouraged carry trades, in which investors borrow in a … WORLD FOREX: Dollar Broadly Higher As Risk Aversion Returns Wall Street Journal Global market cross-currents, Fed in focus Reuters Blogs WORLD FOREX: Dollar…
US, Europe Stocks Fall, Commodities Drop on Recession Concern Bloomberg Stocks and commodities slid as the World Bank said unemployment and poverty will rise in developing nations and predicted a 2.9 percent contraction in the global economy this year. That compares with a prior estimate of a 1.7 percent decline. … European Stocks Drop Most in Two Months on World Bank Forecast Bloomberg Stocks, Copper Fall as World Bank Predicts 2.9% Contraction … Bloomberg European Stocks, US Futures Decline; Asian…
Russian stocks sell off as commodities drop MarketWatch “Russia is the highest beta large market in the emerging market asset class and looks more vulnerable during a period of global weakness, especially if commodities also weaken,” said Chris Weafer, chief strategist at Uralsib, in a note to clients. Russia Stocks Fall 20% in World’s First Bear Market Since March Bloomberg Russian stock markets plunge 8 percent as oil prices fall Chicago Tribune Russian Stocks Fall a 4th Day, Leading Drop…
June 22, 2009 No Comments
