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Oil Prices Up but Still Volatile

Wall Street Journal - 2/10/2016 1:43:18 PM
On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 2.47% at $28.59 a barrel. Brent is on track to rise by almost 10% for the week while WTI is up around 4%. Oil fell on Tuesday, with prices down 5.9% on the New York ...

Low commodity prices strain Nigeria and Angola's economic confidence

cnbcafrica.com - 2/10/2016 12:53:12 PM
Many African economies are feeling the pressure of low commodity prices as shown by the YPO's Global Pulse world ranking. According to the survey, economic confidence shows the region at its lowest in six years. According to the YPO Economic confidence ...

RUBBER-Tokyo futures prices after evening session

Yahoo Finance - 2/10/2016 1:28:59 PM
Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on FEB 2016. Contract Day Volume Evening Volume * Feb 142.2 82 142.2 7 * Mar 141.9 45 149.9 10 * Apr 143.5 40 143.5 2 * May 146.2 94 146.2 6 * Jun 147.6 482 147 ...

Futures Trim Gains as Traders Digest Yellen Remarks

Fox Business - 2/10/2016 2:19:06 PM
Further, she said low commodity prices could “trigger financial stresses in commodity-exporting economics,” which could decrease demand for U.S. exports and tighten financial-market conditions even further. Investors have plenty of questions for Yellen ...

U.S. Stock Futures Temper Advance Amid Yellen Remarks on Growth

Bloomberg - 2/10/2016 2:19:06 PM
U.S. stocks have been hammered so far this year amid tumbling commodity prices, fueled by concern that a slowdown in China will drag down global growth. Worries have recently spread to banks and technology shares with higher valuations. The S&P 500 has ...

Futures point to higher start as oil prices recover

Yahoo News - 2/10/2016 12:31:43 PM
(Reuters) - Stock futures pointed to a higher start for Canada's main stock index on Wednesday as oil prices recovered due to the prospect of OPEC and other major producers cooperating to tackle a supply glut. Iran's oil minister said Tehran was ready to ...

Commodity prices slump casts a pall at African Mining Indaba

The Australian - 2/10/2016 1:50:28 PM
For the world’s mining elite, the party is over. Executives of the industry gathered this week at a 316-year-old winery outside Cape Town owned by British giant Anglo American for a night of dancing, drinking fine wine and deal making. But the dancing ...

Rise in commodity prices to hurt household budgets

Economic Times - 2/8/2016 2:14:19 PM
ET SPECIAL:Love visual aspect of news? Enjoy this exclusive slideshows treat! KOLKATA: Monthly household shopping bills may soon rise with prices of some commodities hardening after almost a year in which rates held steady. Still, given the economic ...

Zambia: Tax Instability, Low Commodity Prices Stifles Zambia FDI

AllAfrica - 2/10/2016 12:03:05 PM
Unstable tax regimes and policies have cost Zambia dearly in foreign direct investment, especially now that commodity prices are low. Hakainde Hichilema, a prominent businessman and presidential candidate in Zambia's upcoming general elections in August ...

Futures File: Gold and soy oil soar while most commodity prices fall

Oklahoma News - 2/7/2016 3:34:14 PM
A couple of exceptions to the general decline of commodity prices are featured in this edition of Futures File, our weekly commodities wrap-up: Gold bugs are buying Gold prices exploded to a three-month high Friday, pushing to more than $1,160 per ounce.

The Importance of Commodity Pricing in Understanding Inflation

Investopedia - 2/9/2016 1:34:21 AM
Commodity prices are believed to be a leading indicator of inflation through two basic channels. Leading indicators often exhibit measurable economic changes before the economy as a whole does. One theory suggests commodity prices respond quickly to ...

Lower-Than-Expected Export Inspections Influenced Soybean Prices

Market Realist - 2/9/2016 6:49:19 AM
Soybean futures prices fell due to dubious export cues from USDA’s weekly export inspections report. Following the prices on CBOT, the Teucrium Soybean Fund (SOYB) fell by 0.69% on February 8, 2016. The US Department of Agriculture released a weekly ...

Commodity Currencies Fall Amid Rising Risk Aversion

Realtime Business News - 2/10/2016 12:17:24 PM
Concerns about the health of European banks and the volatility in crude oil prices as well as other commodity prices have increased risk aversion. Traders also look ahead to Fed Chair Janet Yellen's testimony before the House Financial Services Committee ...

Pork commodity prices rise on Chinese demand

WA today - 2/10/2016 11:12:59 AM
If your breakfast has become more expensive, blame China, the world's biggest pork consumer. Lean hogs has become the second best performing commodity so far this year, rising 6.5 per cent, according to Macquarie Research. Pig meat is just behind iron ore ...

Wholesale prices fell 3.1% in January

Japan Times - 2/10/2016 7:52:33 AM
Japan’s wholesale prices dropped 3.1 percent in January from a year earlier for the 10th straight month of decline, with a slowing Chinese economy and oversupply concerns leading to lower crude oil and other commodity prices, the Bank of Japan said ...