Thu, May 5, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Commodities maintain bull run on ECB stimulus

Thursday, September 20, 2012

amb
Mario Draghi
From Komfie Manalo, Opalesque Asia:

The commodity markets maintained their bull run in August on the announcement by the European Central Bank (ECB) that it would intervene in the secondary market for Spanish and Italian government bonds, Tiberius Asset Management, a Swiss commodity fund manager, says in its latest market commentary.

Data collected by Tiberius showed that the Dow Jones UBS index gained +1.3%, while those indices with a higher weighting in energies, such as the S & P Goldman Sachs Commodity Index and the Rogers International Commodity Index, were able to advance by as much as 6.4% and 4.8%, respectively during last month.

The report said, "The rally in industrial commodities was in line with the bull trend on global equity markets, whereby stock markets in Europe, which had been hard-hit by the euro crisis, were particularly buoyant in August. Thus, the Spanish IBEX and Italian MIBTEL stock-market indices were able to rally by more than 30% from the troughs they had hit in early August. The gains on the Asian equity markets, on the other hand, were relatively subdued. Japan's Nikkei 255, for example, rose by just over 2%."

The commodities market has been performing positively for the past few months. In July, commodity hedge funds gained positive results despite weaker macroeconomic prospects and were buoyed by the worst drought in the U.S. in......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n