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Why commodity exporters want weaker currencies

Cay Compass - 11/26/2014 4:32:34 AM
Major commodity exporters are also purposely pushing down their currencies as commodity prices drop. The Canadian, Australian and New Zealand dollars as well as the Brazilian real, Russian ruble and other emerging economies are all playing this game.

Cold Weather Or The Dollar - Which Is Most Important For Commodity Prices For The Rest Of 2014?

Seeking Alpha - 11/25/2014 5:59:39 AM
It has been a very chilly start to the winter in the United States. Just ask the citizens of Western New York State, some of whom received over seven feet of snow in the last week. On November 1, less than 1% of the US had snow cover. This week snow ...

Oil prices mixed ahead of OPEC meeting

Economic Times - 11/26/2014 11:34:54 AM
The token reduction represented less than one percent of the behemoth's total and did little to boost energy prices on depressed global commodity markets. Thursday's meeting in Vienna of OPEC, whose dozen members together pump out about one-third of the ...

Local Commodity Prices

Vincennes Sun Commercial - 11/26/2014 5:08:22 AM
The following are the closing prices for Tuesday, Nov. 25. Commodity Nov. Dec. Jan. 1 Activate Online Access for Current Subscribers Activate your free online subscription for active subscribers. Please note, in order to ...

RBA’s Lowe: AUD/USD Likely to Drop with Commodity Prices

marketpulse.com - 11/26/2014 12:50:40 AM
Australia’s dollar is likely to drop in line with commodity export prices, central bank Deputy Governor Philip Lowe said, as the currency hit a four-year low. “If the exchange rate is to play its important stabilizing role, it needs to go down when the ...

UPDATE 1-Australian resource projects fall off on weaker prices

Reuters - 11/26/2014 6:41:25 AM
Australian resources projects slip as belts tighten, gov't says * Lower prices for key commodities behind the decline * New gas projects lead "committed" investment by far (Adds details) SYDNEY, Nov 26 (Reuters) - The number of resource projects reaching ...

Warning Signs From Commodity Prices

New York Times - 11/14/2014 11:59:17 PM
For many consumers and businesses the recent drop in commodity prices has provided a tidy windfall — one analyst estimated that the typical American household would save $400 a year thanks to lower gasoline prices. But the tumbling price of fuels, metals ...

Asia stocks mixed on falling commodity prices; Rio Tinto rallies

Yahoo Finance - 11/26/2014 12:14:52 AM
Asian equity markets were mixed on Wednesday as tumbling commodity prices dented risk sentiment. Oil prices remain in focus with Brent crude futures down 2 percent at $78 a barrel and U.S. crude closing at a four-year low ahead of an OPEC meeting that has ...

Expect Gold, Silver prices to trade sideways: Angel

Money Control - 11/26/2014 11:13:26 AM
According to Angel Commodities, gold and silver prices are expected to trade sideways aspoor consumer confidence data from the US increases the safe haven appeal for the asset while growth in the US economy as reported by the GDP data will exert downside ...

5 Commodity Stocks to Buy for Breakout Gains: Chevron and More

The Street - 11/25/2014 3:18:00 PM
Must Read: Warren Buffett's Top 10 Dividend Stocks It's not surprising that commodity producers have been feeling the hurt this year. As the spot prices of their wares drop, so too do their margins. In effect, that makes energy, mining and agriculture ...

Commodity prices weigh on London shares in early trade

Yahoo News - 11/19/2014 9:12:53 AM
London (AFP) - London shares traded lower early on Wednesday, with weak commodity prices hitting mining shares and other related stocks. By 9:01 am the benchmark FTSE 100 index had fallen 18.50 points or 0.28 percen to 6,690.63 points. Quality testing firm ...

Experts Say Rio Tinto-Glencore Merger Is Inevitable; Iron Ore Price Drops Below $70

International Business Times - 11/26/2014 2:55:20 PM
Creating a mega mining company would allow the merged firm to benefit from the economies of scale and lower cost of production so major miners could survive the continuous drop in commodity price due to oversupply and lower demand from China of the key ...

Further oil price falls may have little impact on Aussie dollar

The Rural - 11/26/2014 9:40:23 AM
Further weakness in global oil prices could be on the cards as crude producers fail to agree on measures to curb output ahead of this week's OPEC meeting, but local currency strategists say this will have limited impact on the commodity-linked Australian ...

U.S. Farm Income Forecast to Fall 21% From 2013 on Crop Prices

Bloomberg - 11/25/2014 5:48:19 PM
Declining commodity prices will reduce the 2014 profits of U.S. farmers to $96.9 billion, 21 percent lower than 2013’s record $122.8 billion, according to the Department of Agriculture. The estimate for net income this year was cut 14 percent from an ...

Commodity Awareness Programmes Organised by MCX and FMC in Goa

Business Wire - 11/25/2014 9:55:53 AM
Mr. TG Senthilvelan, while explaining the benefits of commodity futures markets to the audience said, “Commodity Price Risk management is an essential part of the business which helps in increasing shareholder value as well as keeping the business ...