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Tag Archives: Commodity

Commodity

Commodity News

GOLD INVESTORS GET A WAKE UP CALL AS US RATE-HIKE ODDS SURGE Gold investors are waking up to the reality of an increasing probability that borrowing costs in the US could rise this month. Bullion futures fell for a second …

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Market Indicators

Market Indicators

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

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Commodity

Commodity News

OIL PRICES RISE AFTER DROP IN US INVENTORIES Oil prices rose on Thursday after US data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude …

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Commodity

Commodity News

GOLD CLOSES UP AFTER CHOPPY TRADING SESSION Gold prices ended a choppy, two-sided trading session on the upside Wednesday. The yellow metal scored a two-week low earlier in the day after weaker US dollar index trumped some upbeat US economic …

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Commodity

Commodity News

EUROPEAN EDIBLE OILS MARKET TO CROSS US$38BN BY 2022 The edible oils market in Europe is anticipated to cross US$38 Billion by 2022, on account of changing dietary habits, growing preference for healthy edible oils and increasing urbanization. Rapeseed oils …

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Commodity

Commodity News

OIL & COAL DEMAND COULD PEAK BY 2020 A drop in the cost of solar and electric vehicle technology could see demand for coal and oil peaking by 2020, according to the experts. The analysis cautions that large energy companies …

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Commodity

Commodity News

WORLD WHEAT PRODUCTION TO DECLINE IN 2017-18 In its preliminary outlook for 2017-18 world wheat supply and demand, the International Grains Council on Jan. 19 projected world wheat production to decline about 2 percent from the record outturn estimated for …

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Commodity

Commodity News

CHINA SCRAPS MORE THAN 100 POWER PLANTS China has announced plans to cancel more than 100 coal plants currently in development, scrapping what would amount to a massive 120 gigawatts (GW) of coal-fired electricity capacity if the plants were completed. …

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Commodity

Commodity News

OIL RATES STUMBLE AFTER STRONG JUMP IN US CRUDE STOCKS Crude prices slipped Thursday after data showed a stronger-than-expected increase in US crude and distillate fuel stocks at a time when oil exports out of the Middle East are surging. …

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Commodity

Commodity News

GOLD RISES NEARLY 4-WEEK HIGH Gold rose to the highest in nearly four weeks on Wednesday as the dollar edged back from a 14-year peak and physical demand from major consumers China and India increased. Spot gold climbed to its …

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