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Friendly Insights on commodity prices, undervalued stocks

azcentral.com - 7/29/2015 7:48:46 AM
My friend Kenny Polcari, a floor broker on the NYSE, he writes a daily market commentary. It is lively and direct and always insightful. At the end of each piece, he provides a recipe du jour. The guy is not only investment savvy — he can cook (his Fava ...

Commodity loans weighed by Chinese stock market, impending U.S. rate hike

Reuters - 7/29/2015 3:38:14 AM
Loan traders attributed the falls to slowing global demand, primarily in China, and fears of a U.S. rate rise, which should lead to a stronger dollar and softer commodity prices. “I’m not inclined to catch a falling knife,” a loan investor said.

Falling Commodity Prices Boost Investment-Grade Bonds

Market Realist - 7/29/2015 12:06:28 PM
A fall in the price of commodities lowered the outlook on inflation in the United States. This fueled gains for investment-grade bonds in the week ended July 24. Bond yields, especially those with long maturities, fell due to weakening commodities prices ...

The drop in commodity prices is destroying Canada's economy

The Business Insider - 7/27/2015 4:33:42 PM
VANCOUVER, Canada – When we woke up in the morning, the TransCanada had already heaved itself over the highest point in the Rockies. Gone were the dense forests of the East. Gone were the wide-open spaces of Saskatchewan and Alberta. We were in British ...

Get ready to cash in on the bottom for commodities

Market Watch - 7/29/2015 9:00:21 AM
report The chief fear is that commodities will get hit by a China pullback. U.S. oil prices managed a decent gain yesterday, after several down sessions, but wariness abounds. “We have been down the last few days, so a little short-covering rally is not ...

Australian dollar may hit US50¢ as commodities prices fall, Kaizen Capital says

Australian Financial Review - 7/29/2015 11:05:02 PM
Despite its rise in recent days, the Aussie is now seen as close to fair value, but should continue to track the price of key commodities such as iron ore and coal. According to most modelling, the currency's present level near US73¢ – it was fetching ...

Wage hikes, falling commodity prices point towards jobs bloodbath

biznews.com - 7/27/2015 11:57:31 PM
(Bloomberg) – South Africa is bleeding jobs as falling commodity prices and increasing wage demands force mining companies to cut back on staff. In the past two months, at least seven listed mining companies announced plans to cut as many as 10,000 jobs ...

Expect Gold prices to trade negative: Sushil Finance

Money Control - 7/29/2015 12:27:57 PM
The Fed suggested earlier this year that a near-term rate rise was on the cards if economic data supported such a move, but slowing growth in China and a drop in commodity prices have led some to question whether it will be pushed back. Rising interest ...

TSX Ends Higher As Commodity Prices Rise -- Canadian Commentary

NASDAQ - 7/28/2015 5:26:48 AM
(RTTNews.com) - Canadian stocks snapped a seven-day losing streak to end higher on Tuesday, tracking rising global equity markets after commodity prices rebounded, with crude oil sending energy stocks up. The rebound was driven by energy, mining and ...

Why China, commodities won't sway Fed: Ex-Fed prez

CNBC - 7/27/2015 11:57:31 PM
"I'd just like to see us get it off the table. ... It's a distraction." He also dismissed the notion that a rout in commodities prices and a meltdown in the Chinese stock market might be reasons to delay. He thinks the Fed views those factors as transitory.

Low Oil Prices Crush BP plc (ADR)(BP) Profits

ETF Daily News - 7/29/2015 7:37:27 PM
The results were about as ugly as investors should have expected, given the steep drop in commodity prices over the past year. However, BP managed to beat analyst expectations, and the stock rose more than 3% after the company released its quarterly report.

Golden shot: China shocks the commodities market with reserves revelation

Euronews - 7/28/2015 8:54:23 AM
The recent decline in gold prices is because of the US dollar’s strength, which affected most of the commodities prices, not only gold. However, traders and investors always looks for opportunities to buy with less cost or on lower prices. This is what ...

Wells Fargo Starts Commodities Hedge Fund Amid Slump in Prices

News Max - 7/28/2015 2:02:11 PM
Wells Fargo & Co.’s wealth management division is soliciting investor money for a new commodities hedge fund just as oil hovers near a six-year low and other commodities prices slide to their worst levels since 2002. The Apollo Natural Resources II ASP ...

End of Commodities Supercycle? (Energy Subset)

Forbes - 7/27/2015 12:08:51 PM
About a decade ago, Goldman Sachs’ Arjun Murti suggested an oil “superspike” might send prices to $105 a barrel. There were two primary reactions to this analysis, first, that Goldman was just marketing its commodity indices, and second, that he/they ...

Onion supply dries up, prices go through the roof

Rediff India Abroad - 7/30/2015 3:08:25 AM
Therefore, farmers dumped their produce in the market at harvest time. “Apart from that, the government reiterated several times that it would not let agri commodity prices go up, so stockists feared a loss if the price declined from Rs 1,400-1,500 a qtl ...