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Standard Chartered swings back to profit thanks to commodity rally but traders remain unimpressed by 'dodgy' bank
This is Money - 2/24/2017 8:17:19 PM
Standard Chartered swung back to profit last year as improving commodity prices helped lift the bank. The lender, which is headquartered in London but earns its money in Africa and Asia, made profits of £326 million - up from a £1.2 billion loss in 2015.
Vietnam domestic market commodity prices - Feb 24
Times of India - 2/24/2017 7:45:42 AM
Feb 24 (Reuters) - Following are domestic prices of Vietnam's key commodities. Unit: million dong per tonne. Item Feb 20-24 Feb 13-17 Location Robusta beans 44.2-46.4 43.2-46.0 Central Highlands Black pepper 110-117 118-120 Southern region Refine sugar 18 ...
Can commodity producers resist the temptations of the up cycle?: Russell
Reuters - 2/23/2017 4:04:59 AM
The strong gains in many commodity prices last year, including a doubling of iron ore and coal, have given rise to optimism within the industry that the down cycle in commodities is finally over after five long years of falling prices. Assuming this ...
Iron Ore Prices: As Rally Unwinds, Vale Sets Price Target
economiccalendar.com - 2/24/2017 8:38:48 PM
Market participants were surprised when iron ore’s rally continued to pick up steam in 2017, and even as the commodity surged analysts and iron ore companies maintained some pretty bearish price targets on the metal. Iron ore’s rally in 2017 gained ...
Commodity Investments Explained
calculator.co.uk - 2/24/2017 1:00:40 PM
where the trader enters into an agreement to buy or sell a specific quantity of the underlying commodity at a future date, at a specific price. Futures are available for most commodities, including gold, silver, crude oil, natural gas, cotton, sugar ...
Glencore upbeat on outlook as commodity prices revive
ABC News - 2/23/2017 10:24:22 AM
The chief executive of Glencore says the Swiss mining and metals company is better positioned than ever after core profits rose 48 percent last year amid recovering commodity prices and cost cutting policies. The Baar, Switzerland-based company reported ...
Speaker says period of high commodity prices was aberration
AG Week - 2/23/2017 9:27:06 AM
WILLMAR, Minn. — The next 45 days could prove to be interesting as farmers secure operating loans for the 2017 planting season. Given the current low commodity prices — which followed unprecedented high prices and increased purchases of farmland and ...
Asian Markets Lower On Lackluster Wall Street Lead, Lower Commodity Prices
NASDAQ - 2/23/2017 10:38:41 AM
(RTTNews.com) - Asian stock markets are lower on Friday following the mixed cues from Wall Street for a second straight session and as weaker commodity prices weighed on resources stocks. Investors also digested mixed corporate earnings results. The ...
Glencore swings to profit as commodity prices rise
Market Watch - 2/23/2017 4:47:56 AM
LONDON-- Glencore PLC swung into the black last year on surging commodity prices, an eye-popping recovery for the Swiss mining giant, which a year earlier reported billions of dollars in losses. The U.K.-listed company on Thursday reported net income of $1 ...
Cabot Oil & Gas Increases 2017 Spending on Firmer Commodity Prices
NGI - 2/24/2017 6:01:19 PM
Cabot Oil & Gas Corp. said Friday that improving well results and a better commodity price outlook have prompted it to increase spending this year in both the Marcellus and Eagle Ford shales. While Cabot saw the lowest realized natural gas price in its ...
Commodity Prices Limit Nebraska Growth
digitalcommons.unl.edu - 2/24/2017 10:37:30 AM
Over the last few years the service sector has been the primary engine of economic growth in the United States. Supported by growth in employment and real wages, the service sector has grown steadily with increases in retail trade, business services ...
Commodities: Gold and silver streak higher
Green Bay Press-Gazette - 2/24/2017 6:51:25 PM
Other USDA expectations are predicting sharply smaller wheat and corn crops this year, but show that stockpiles of all three major agricultural commodities should remain ample, a factor that should keep a lid on prices. For those farmers who have already ...
Demand is key as commodity prices projected to be flat
BROWNFIELD - 2/23/2017 11:46:06 PM
The chief economist for USDA says another year of big production will put added emphasis on the importance of trade. Rob Johansson says 2017 will look a lot like 2016. “At least right now – looking forward – we’re in a pretty flat situation ...
RBA's Lowe: "Commodity prices will pull back from current levels"
Forex Street - 2/23/2017 11:38:56 PM
Lowe is taking questions in front of the House of Representatives' Standing Committee on Economics at the moment. The RBA thinks that commodity prices will pull back from current levels and Lowe doesn't expect Iron ore to sustain at USD90 tonne. Lowe also ...
Low turkey prices hurt Jennie-O profits
West Central Tribune - 2/24/2017 7:48:41 PM
"Earnings at Jennie-O Turkey Store declined compared to last year as turkey commodity prices were lower than we expected, " said Jim Snee, president and chief executive officer, in a news release. "However, demand for Jennie-O branded products continues to ...
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