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Fitch: Higher commodity prices lower leverage for Australian corporates

FXStreet - 5/22/2018 3:11:00 AM
The US-based Fitch Ratings said in its latest report, “stable-to-higher commodity-price assumptions are driving market expectations for further improvement in the aggregate credit profile of Australia's top-100 listed non-financial corporates (Fitch ...

Forget About Oil at $80. The Big Rally Is in Forward Prices

Bloomberg L.P. - 5/21/2018 3:00:00 PM
"We think there is more to go for the longer date contracts,” SEB chief commodities analyst Bjarne Schieldrop said. “This will send very positive price signals into the whole oil space with higher confidence, optimism and evaluations as a likely ...

Oil prices have been given a boost, but they could struggle to head higher

CNBC - 5/22/2018 6:52:00 AM
Oil prices have climbed in recent weeks ... head of fixed income, currencies and commodities investment strategy at Standard Chartered Private Bank, told CNBC's Sri Jegarajah. "The reason for that is simply, when we look out beyond the next few months ...

What Do Higher Oil Prices Mean For The Stock Market? (QQQ)

ETF Daily News - 5/22/2018 10:37:00 AM
There are several asset classes that may help mitigate the downside effects of inflation, including: Commodities. If the prices of goods and services are rising, then the price of commodities may also be rising at a similar level. Real estate. For the same ...

Gold Prices Edge Higher But Stay Near Yearly Lows

Investing.com - 5/22/2018 8:10:00 AM
Investing.com - Gold prices were little changed in early dealings on Tuesday, hovering not far off a 2018 low struck in the previous session, as improved appetite for riskier assets sapped demand for the yellow metal. Comex gold futures were up around 0.1% ...

Stocks in Asia close mixed as investors digest rising oil prices and trade news

CNBC - 5/22/2018 7:24:00 AM
On the commodities front, oil prices were slightly higher after touching their highest levels in three and a half years overnight. Markets were concerned over U.S. sanctions targeting Venezuela following the latter's recent election, the results of which ...

Crude Oil Prices Hit 4-Year High But Chart Setup Warns of Topping

DailyFX - 5/22/2018 4:29:00 AM
Crude oil prices rise to four-year high on US/China de-escalation Technical setup still hints at topping, API inventory data in focus Gold prices precariously cling to trend support, but for how long? Looking ahead, investors’ initial exuberance may cool ...

Gambia: Commodity Prices Increase As Ramadan Approaches

AllAfrica.com - 5/17/2018 8:52:00 AM
Serrekunda, 15 May 2018: The prices of basic commodities in the country have increased of late, as the holy month of Ramadan starts. Basic food commodities such as sugar, rice, cooking oil, imported chicken products and onion to name a few, have virtually ...

Crude Oil's Surge Is Putting the ‘Petro’ Back in Petrocurrencies

Bloomberg L.P. - 5/20/2018 9:00:00 PM
The currencies of some of the world’s top oil producers are set to become intertwined with crude prices once again as the commodity surges to the highest since 2014. After shedding much of their linkage to oil last year, Norway’s krone and Canada’s ...

Oil Prices Hold Near 2014 Highs Amid Global Supply Jitters

Investing.com - 5/22/2018 7:40:00 AM
Investing.com - Oil prices edged higher on Tuesday, staying near their strongest levels in three-and-a-half-years as investors fretted over the future output from Venezuela and Iran. New York-traded WTI crude futures tacked on 35 cents, or roughly 0.5% ...