Commodities Trading

The rebound in the Reuters CRB since the lows in early June has seen equity markets reverse most of their losses from the sell-off in May. Commodity prices have risen across the board from soft commodities like, cocoa, sugar and wheat on supply concerns, to industrial metals like copper on speculative inflows and US...
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The weekend decision by the Chinese authorities to increase the flexibility of the Yuan to a managed float against the US dollar could well make an interest rate rise to cool the growing Chinese economy less likely in the very short term. This in turn should give an additional boost to risk appetite on...
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The US Dollar prospers as nervous investors shun the euro. During the first part of the week sterling wandered aimlessly but by Thursday it began a more considered decline and by yesterday morning it is close to its lowest level in more than a year. Following the previous week’s general election political worries about sterling were...
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Gold prices continued to surge today hitting all time highs against the Euro at €1,000 and nearly $1,250 against the US dollar. Against this backdrop equity markets have continued their slides from yesterday evening’s late plunge in the US. There remains a real concern that as a result of the conditions of the European...
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The price of Gold is trading back around the $1140/42 level which has proved so pivotal over the last five to six months. The gold charts look bullish as support levels have been holding out for some time. If you discount the price spike and subsequent retreat of November/December 2009 the trend for the...
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Leading shares have traded sideways after an initial buoyant start on the back of firmer commodity prices sent the mining sector higher in early morning trade. As the day has dragged on the market has slipped into negative territory and it could well be that we will see more of the same lacklustre trading...
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