Sun, Jun 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Uncertainty in Ukraine, fear of high equity valuations in the U.S. underpin commodity prices

Friday, May 16, 2014

Komfie Manalo, Opalesque Asia:

Continued uncertainty in Ukraine and the fear of high equity valuations in the United States contributed to a general underpinning of commodity prices, and a divergence in global equity market performance, Toronto-based alternative investment firm Integrated Asset Management Corp said of the month of April.

"It seems that Russia's downgrade from the credit rating S&P has dominated the equity and commodity markets today, prompting investors to lock in recent gains in the oil market," said Myrto Sokou, senior research analyst at Sucden brokers, to Sapa/AFP on April 25, as S&P downgraded its rating of Russia’s ability to repay debt and oil prices retreated. "Renewed tensions over Ukraine between Russia and the West have triggered fresh worries about possible oil supplies issues in the region," Sokou added.

According to Reuters today, Brent futures held above $109 a barrel as fresh tensions over Ukraine kept them on course for their biggest weekly rise since mid-April.

Gold prices have been retreating lately (edging down towards $1,290 an ounce on Tuesday), just as stocks are improving. Gold is considered a haven from political instability, ......................

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. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Visium hedge fund manager Sanjay Valvani found dead[more]

    Benedicte Gravrand, Opalesque London: A hedge fund manager connected with an insider trading case has apparently committed suicide. Sanjay Valvani, 44, a hedge fund manager at New York-based Visium Asset Management, was found dead in an apparent suicide on 21 June in his Brooklyn residence,