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Will commodity prices go down as pound strengthens?

Daily News Egypt - 2/19/2017 3:08:17 PM
As the value of the US dollar continues to decline against a strengthening Egyptian pound, Egyptians are preoccupied with a major question: will prices go down? Companies expressed different opinions on cutting down the prices of their commodities ...

FTSE 100 preview: Index looking up amid steady commodity prices

Invezz - 2/20/2017 6:53:11 AM
The UK benchmark index looks set to open higher this morning, with steady oil prices and a rise in copper expected to boost investor sentiment. Royal Bank of Scotland Group (LON:RBS) will be in focus on the corporate front today, with the Treasury and the ...

Quake victims hit high commodity prices

Philstar - 2/20/2017 11:53:49 AM
SURIGAO CITY , Philippines – Victims of a recent earthquake that devastated this city have expressed disappointment over the continuous rise in the prices of basic commodities, including construction materials. Liny Diaz of Barangay San Juan, whose ...

Expect Sugar prices to trade higher on anticipation: Angel

Money Control - 2/20/2017 11:10:52 AM
According to Angel Commodities, expect sugar prices to trade higher on anticipation of further increase in demand from the stockists on reports of lower production and country needs to import sugar later in the season.

Expect Crude Oil prices to trade lower today: Angel Commodities

m.moneycontrol.com - 2/20/2017 5:34:26 AM
Last week, oil prices traded lower by 0.9 percent to close at $53.4 per barrel, while MCX oil declined by 1.2 percent in the same time frame. The market weighed swelling U.S. inventories against possible renewed efforts by major oil producers to reduce a ...

Oil rises, but U.S. drilling drags on prices

Reuters - 2/20/2017 1:38:13 AM
TOKYO Oil prices rose on Monday but the gains were limited as investors ... and options positions in the week to Feb.14 to a new record high, data from the U.S. Commodity Futures Trading Commission (CFTC) showed on Friday. The increase in long positions ...

Growth, rising share prices stoke optimism

AsiaOne - 2/20/2017 7:00:20 AM
With prices rising, fund managers are recommending that clients go on the offensive in growth-related assets such as bank stocks and high-yield bonds, as well as commodities. Phil Wagstaff, Henderson Global Investors global head of distribution ...

IMF $440 Million Loan, $5 Billion Package, Bails Mongolia Out Of Commodity Slump Troubles

Forbes - 2/19/2017 4:45:31 AM
The International Monetary Fund has agreed to $440 million loan to the government of Mongolia, part of a package totalling $5 billion which will aim to bail the country out of the mess caused by reliance upon commodity prices. The essential problem here is ...

Stronger commodity prices fuel oil patch recovery

My West Texas - 2/16/2017 9:02:36 PM
After sinking to 13-year lows in early February 2016, crude prices had enough strength to more than double by the end of the year. Rising prices helped fuel rising activity in the Permian Basin oil patch, which helped fuel a rise in the Texas Permian Basin ...

Speculators haven't been this bullish on commodity currencies in years

businessinsider.com.au - 2/20/2017 3:47:04 AM
... from ANZ which shows the relationship between net positioning in commodity currencies versus movements in the CRB commodity price index. Those inflows were no doubt assisted by waning interest in the US dollar with traders reducing net long ...

NEL impacted by lower energy prices

Trinidad Express Newspapers - 2/19/2017 9:10:22 AM
While lower energy commodity prices have weighed on NEL’s earnings, JMMBGL continues to improve on higher net interest income margins, among other factors. Today, we take a closer look at NEL’s performance. Our full review of JMMBGL’s performance is ...

Commodities ended the week on low – ANZ

Forex Street - 2/20/2017 4:51:29 AM
“Liquidity in crude oil markets remained extremely low, with prices ending the week largely unchanged. In fact, Brent oil traded in a very tight range of only USD1.70/bbl over the course of the week. This low volatility is the result of the market caught ...

Commodity Producers Back From The Dead - Have They Learned A Lesson?

Seeking Alpha - 2/16/2017 8:30:59 AM
Many of their competitors on the production side of the commodities markets found themselves bleeding as their output increases and huge investments made during as the bull market took hold of raw material prices until it tired and began heading south in ...

Time to call an end to the commodity price slump

Mining MX - 2/16/2017 11:54:24 PM
IT’S time to revisit the investment clock, the diagram reproduced by Investec Securities which shows how the mining market was nearing 4pm – that time on the dial representing the end of the slump in the mining cycle. According to the bank, time has ...

Commodities: Heat wave deflates gas prices

Green Bay Press-Gazette - 2/17/2017 7:49:50 PM
Natural gas prices are collapsing, reaching a three-month low near $2.83 per million British thermal units. The market is selling off as temperatures across the U.S. are projected to be 15 to 30 degrees warmer than usual this weekend, sapping demand for ...