Opalesque Commodities Briefing http://www.opalesque.com/Commodities_Briefing Wed, 16 May 2012 12:11:21 +0000 http://wordpress.org/?v=2.5.1 en Commodities super-cycle rides into trouble http://www.opalesque.com/Commodities_Briefing/?p=120287 http://www.opalesque.com/Commodities_Briefing/?p=120287#comments Wed, 16 May 2012 03:43:00 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120287 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120287>Article Link</a> The commodities super-cycle was expected to last at least two decades. But has it already run its course? Commodity bulls argue that prices have historically tended to rise and fall in 20-year waves. After a long period of stagnation in the 1980s and 1990s, prices appeared to have started a powerful new cycle in 1999 driven by emerging market demand. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120287 Commodities set for worst run since ‘98 on Europe, China concern http://www.opalesque.com/Commodities_Briefing/?p=120286 http://www.opalesque.com/Commodities_Briefing/?p=120286#comments Wed, 16 May 2012 03:42:46 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120286 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120286>Article Link</a> post thumbnail

Koun-Ken LeeCommodities declined for a tenth day, set for the longest losing streak since 1998, on concern that Europe’s debt crisis will worsen as Greece remains without a government while economic growth in China may slow further. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120286 Why are commodity prices falling? http://www.opalesque.com/Commodities_Briefing/?p=120285 http://www.opalesque.com/Commodities_Briefing/?p=120285#comments Wed, 16 May 2012 03:42:35 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120285 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120285>Article Link</a> Commodities fell nearly to two-year lows last week, leading to some speculation that the massive commodity bull market that started in 1999 might be stumbling. Why are commodity prices falling? There are three main reasons: (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120285 For energy companies 2012 likely to be fraught with pricing peril http://www.opalesque.com/Commodities_Briefing/?p=120284 http://www.opalesque.com/Commodities_Briefing/?p=120284#comments Wed, 16 May 2012 03:42:20 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120284 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120284>Article Link</a> Just six months ago energy companies were the kings of the hill, delivering stronger results than any other market sector, but 2012 is looking very different, if first-quarter results are signs of future fortune. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120284 Kuwait’s oil savings may be exhausted by 2017: IMF http://www.opalesque.com/Commodities_Briefing/?p=120283 http://www.opalesque.com/Commodities_Briefing/?p=120283#comments Wed, 16 May 2012 03:42:04 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120283 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120283>Article Link</a> Kuwait will have exhausted all its oil savings by 2017 if it keeps on spending money at the current rate, the International Monetary Fund said in a report published yesterday. The IMF, which held a regular consultation with the OPEC member state in the last two weeks of April, said Kuwait would not be able to save oil receipts into its future generations fund. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120283 IMF paints grim picture for oil future http://www.opalesque.com/Commodities_Briefing/?p=120282 http://www.opalesque.com/Commodities_Briefing/?p=120282#comments Wed, 16 May 2012 03:41:46 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120282 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120282>Article Link</a> Incremental increases in global oil production may translate to a doubling of oil prices by the next decade, the International Monetary Fund warns. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120282 How to profit if the oil price doubles http://www.opalesque.com/Commodities_Briefing/?p=120281 http://www.opalesque.com/Commodities_Briefing/?p=120281#comments Wed, 16 May 2012 03:41:36 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120281 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120281>Article Link</a> Crude oil could double in price over the next decade, according to researchers at the International Monetary Fund. Those prepared to take a punt on oil could do so via an exchange-traded commodity (ETC). (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120281 UAE plans to join ‘gas Opec’ http://www.opalesque.com/Commodities_Briefing/?p=120280 http://www.opalesque.com/Commodities_Briefing/?p=120280#comments Wed, 16 May 2012 03:41:19 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120280 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120280>Article Link</a> The UAE has won cabinet approval to join the Gas Exporting Countries Forum (GECF), an intergovernmental organization of the world’s leading gas exporters, said a report. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120280 Gold eclipsed by dollar haven as Goldman sees rally http://www.opalesque.com/Commodities_Briefing/?p=120279 http://www.opalesque.com/Commodities_Briefing/?p=120279#comments Wed, 16 May 2012 03:41:07 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120279 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120279>Article Link</a> Investors are reducing gold holdings for a third month, the longest stretch since 2004, and favoring the dollar as a haven from Europe’s debt crisis, even as Goldman Sachs Group Inc. predicts record prices for the metal. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120279 Gold will bounce back & may give 10-15pct returns: Experts http://www.opalesque.com/Commodities_Briefing/?p=120278 http://www.opalesque.com/Commodities_Briefing/?p=120278#comments Wed, 16 May 2012 03:40:55 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120278 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120278>Article Link</a> International gold prices have lost almost all their gains this year, trailing even weak stock markets, but experts say the precious metal is poised to bounce back in the medium to long term even if it loses more luster in the short term. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120278 Gold miners will need $3000/oz to survive: WGC http://www.opalesque.com/Commodities_Briefing/?p=120277 http://www.opalesque.com/Commodities_Briefing/?p=120277#comments Wed, 16 May 2012 03:40:38 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120277 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120277>Article Link</a> Gold prices could potentially go to $3000/oz and beyond if the World Gold Council (WGC) calculation on future miner costs turn to be true. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120277 “Gold’s next target is $1522″, but Asian dealers see “sudden surge in demand” for physical gold bullion http://www.opalesque.com/Commodities_Briefing/?p=120276 http://www.opalesque.com/Commodities_Briefing/?p=120276#comments Wed, 16 May 2012 03:40:25 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120276 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120276>Article Link</a> Gold Bullion prices fell below $1550 per ounce for the first time since December on Tuesday – a 7% drop from the start of the month – before regaining some ground by lunchtime in London. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120276 Palladium market in surplus in 2011 but deficit expected for 2012 http://www.opalesque.com/Commodities_Briefing/?p=120275 http://www.opalesque.com/Commodities_Briefing/?p=120275#comments Wed, 16 May 2012 03:40:13 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120275 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120275>Article Link</a> The global palladium market swung from a deficit to an oversupply situation last year largely due to net disinvestment, but is expected to return to a deficit in 2012, said Johnson Matthey in its “Platinum 2012” report issued Monday. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120275 Tin prices could rise to $30,000/tonne by 2012-end: Barclays http://www.opalesque.com/Commodities_Briefing/?p=120274 http://www.opalesque.com/Commodities_Briefing/?p=120274#comments Wed, 16 May 2012 03:39:58 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120274 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120274>Article Link</a> Tin prices have been the worst performing across the complex over the past month, down almost 10%. But a bullish bias might develop in the coming months and push up prices to $30,000/tonne by 2012-end. LME Tin prices are currently trading around $20,250/tonne. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120274 Global growth fears weigh on currency funds http://www.opalesque.com/Commodities_Briefing/?p=120273 http://www.opalesque.com/Commodities_Briefing/?p=120273#comments Wed, 16 May 2012 03:39:43 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120273 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120273>Article Link</a> Hedge funds that specialize in currency bets were relatively flat in April, as fund managers struggled to stay ahead of sharp turnarounds in currency trends driven by concern about growth and political uncertainty. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120273 Climbing U.S. dollar’s potential impact on commodities http://www.opalesque.com/Commodities_Briefing/?p=120272 http://www.opalesque.com/Commodities_Briefing/?p=120272#comments Wed, 16 May 2012 03:39:30 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120272 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120272>Article Link</a> The most salient feature of our comparison chart between the U.S. Dollar Index (DXY) and the Reuters/Jefferies CRB Commodities Index (CRB) is the recent climb in the DXY off of its May 1 low at 78.60 towards another test of a 2-year resistance plateau at 81.40/80. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120272 Which major currency will do best in the months ahead? http://www.opalesque.com/Commodities_Briefing/?p=120271 http://www.opalesque.com/Commodities_Briefing/?p=120271#comments Wed, 16 May 2012 03:39:17 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120271 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120271>Article Link</a> Right now, it’s hard to be bullish on anything. I hate to sound negative, but I have – and have had for some time – sell signals across the board. My own stance is to hold cash and gold, and take cover. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120271 Falling rupee, rising tensions http://www.opalesque.com/Commodities_Briefing/?p=120270 http://www.opalesque.com/Commodities_Briefing/?p=120270#comments Wed, 16 May 2012 03:39:06 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120270 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120270>Article Link</a> The rupee closed at a record low of 53.97 to the US dollar on Monday, hammered by global economic concerns, rising domestic prices and falling expectations on interest rate cuts. A look at what it is and could do. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120270 Dooming the Euro http://www.opalesque.com/Commodities_Briefing/?p=120269 http://www.opalesque.com/Commodities_Briefing/?p=120269#comments Wed, 16 May 2012 03:38:56 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120269 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120269>Article Link</a> At this point an argument that was once considered way out there — that euro area adjustment won’t be possible unless the inflation target is raised — now has widespread support, albeit not from the crucial players. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120269 South Africa must look at commodities holistically: WWF http://www.opalesque.com/Commodities_Briefing/?p=120268 http://www.opalesque.com/Commodities_Briefing/?p=120268#comments Wed, 16 May 2012 03:38:46 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120268 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120268>Article Link</a> South Africa can tackle its ever-increasing ecological footprint by looking at its commodities holistically. This is according to the World Wide Fund for Nature (WWF). (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120268 EU hails airline emissions tax success http://www.opalesque.com/Commodities_Briefing/?p=120267 http://www.opalesque.com/Commodities_Briefing/?p=120267#comments Wed, 16 May 2012 03:38:07 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120267 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120267>Article Link</a> More than 99% of major airlines comply with first step of Europe’s scheme to charge them for carbon emissions. More than 99% of all major global airlines have complied with the first step of Europe’s controversial scheme to charge them for their carbon emissions. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120267 India, China airlines violate EU carbon law http://www.opalesque.com/Commodities_Briefing/?p=120266 http://www.opalesque.com/Commodities_Briefing/?p=120266#comments Wed, 16 May 2012 03:37:48 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120266 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120266>Article Link</a> A total of 10 Chinese and Indian commercial airlines have broken EU law requiring them to offset their carbon emissions, while all other international carriers flying to or from Europe have complied, the European Union’s climate chief said on Tuesday. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120266 Investors caught between growth worry, QE hopes - poll http://www.opalesque.com/Commodities_Briefing/?p=120265 http://www.opalesque.com/Commodities_Briefing/?p=120265#comments Wed, 16 May 2012 03:37:28 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120265 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120265>Article Link</a> Investors fretting about world growth and euro zone chaos kept cash holdings at high levels in May while upping allocation to bonds and cutting equities and commodities in portfolios, a closely watched fund manager survey showed on Tuesday. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120265 With bear market, are glory days over for commodities? http://www.opalesque.com/Commodities_Briefing/?p=120264 http://www.opalesque.com/Commodities_Briefing/?p=120264#comments Tue, 15 May 2012 02:23:42 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120264 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120264>Article Link</a> Commodities are struggling, and that’s not good for Canadian investors or for anyone who has tapped into the argument that a commodities “super cycle” – driven largely by surging demand in China – would maintain upward pressure on prices for raw materials for a long, long time. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120264 Why China’s slowdown could be good for US, Europe http://www.opalesque.com/Commodities_Briefing/?p=120263 http://www.opalesque.com/Commodities_Briefing/?p=120263#comments Tue, 15 May 2012 02:23:26 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120263 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120263>Article Link</a> post thumbnail

Frederic NeumannChina’s economy may be on track to grow at its slowest pace in a decade, but there’s a silver lining to this: lower commodity prices may actually benefit the U.S. and Europe, just when they most need it. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120263 Commodity performance was mixed in April, fundamentals remain supportive http://www.opalesque.com/Commodities_Briefing/?p=120262 http://www.opalesque.com/Commodities_Briefing/?p=120262#comments Tue, 15 May 2012 02:23:12 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120262 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120262>Article Link</a> Commodity performance was mixed in April, despite improving macroeconomic backdrop. Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management division, said, “Over the past month, concerns surrounding China have begun to lift and have been replaced with renewed anxieties over the outlook for Europe, as well as apprehensions that the US recovery is losing steam. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120262 Commodities weaken in Q2, on track to be the worst asset class of 2012 http://www.opalesque.com/Commodities_Briefing/?p=120261 http://www.opalesque.com/Commodities_Briefing/?p=120261#comments Tue, 15 May 2012 02:22:54 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120261 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120261>Article Link</a> Weakness is occurring across all the five broad commodity sectors during the current quarter with losses particularly heavy in the agriculture and energy sectors. As of this week, total returns on benchmark commodity indices are down year to date. Consequently, commodities are slipping further down the league table in terms of asset class returns. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120261 Oil prices to double by 2022, IMF paper warns http://www.opalesque.com/Commodities_Briefing/?p=120260 http://www.opalesque.com/Commodities_Briefing/?p=120260#comments Tue, 15 May 2012 02:22:39 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120260 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120260>Article Link</a> Oil prices could double over the next decade with sweeping implications for the global economy, according to a report commissioned by the International Monetary Fund. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120260 Oil prices likely to stay high despite good supply – IEA http://www.opalesque.com/Commodities_Briefing/?p=120259 http://www.opalesque.com/Commodities_Briefing/?p=120259#comments Tue, 15 May 2012 02:22:24 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120259 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120259>Article Link</a> The International Energy Agency (IEA) said that tension between Iran and the West is likely to keep oil prices high despite a dramatic improvement in world supply and a big build in stocks. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120259 IEA says high oil prices threaten global economic recovery http://www.opalesque.com/Commodities_Briefing/?p=120258 http://www.opalesque.com/Commodities_Briefing/?p=120258#comments Tue, 15 May 2012 02:22:02 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120258 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120258>Article Link</a> High oil prices are threatening the global economic recovery, the Executive Director of the International Energy Agency Maria van der Hoeven said on Monday. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120258 Oil falls near five-month low on Greece, Saudi price call http://www.opalesque.com/Commodities_Briefing/?p=120257 http://www.opalesque.com/Commodities_Briefing/?p=120257#comments Tue, 15 May 2012 02:21:47 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120257 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120257>Article Link</a> Oil fell to the lowest level in almost five months amid growing speculation that Greece may leave the euro currency union and as Saudi Arabia’s oil minister said prices should decline further. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120257 Saudi Kingdom says $100 per barrel great price for oil http://www.opalesque.com/Commodities_Briefing/?p=120256 http://www.opalesque.com/Commodities_Briefing/?p=120256#comments Tue, 15 May 2012 02:21:32 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120256 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120256>Article Link</a> Minister of Petroleum and Mineral Resources Ali Al-Naimi said Saudi Arabia wants an oil price of around $100 a barrel and would like to see global inventories rise before demand picks up in the second half of the year. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120256 Iraq plans to overcome Iran as OPEC’s second-largest oil producer http://www.opalesque.com/Commodities_Briefing/?p=120255 http://www.opalesque.com/Commodities_Briefing/?p=120255#comments Tue, 15 May 2012 02:21:21 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120255 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120255>Article Link</a> Iraq, seeking to more than double oil output by 2015, is poised to overtake Iran as OPEC’s second- largest producer by the end of the year as sanctions hobble crude production in its Persian Gulf neighbor, Bloomberg reported. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120255 Why Morgan Stanley believes gold may hit $2,175 in 2013 http://www.opalesque.com/Commodities_Briefing/?p=120254 http://www.opalesque.com/Commodities_Briefing/?p=120254#comments Tue, 15 May 2012 02:21:04 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120254 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120254>Article Link</a> Gold now trades at a low not seen since last December, and bears like Marc Faber have warned it will underperform over the months ahead. But Morgan Stanley is not so bearish and believes the precious metal could hit $2,175 an ounce in 2013. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120254 Kate Middleton spurs investors to convert their cash to gold http://www.opalesque.com/Commodities_Briefing/?p=120253 http://www.opalesque.com/Commodities_Briefing/?p=120253#comments Tue, 15 May 2012 02:20:49 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120253 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120253>Article Link</a> Kate Middleton has taken her influence to a new height far beyond spiking the sales of pantyhose. She has now inspired European investors to convert their cash to gold. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120253 Gold bull market “not over” but speculators turn bearish as Greek insolvency looms http://www.opalesque.com/Commodities_Briefing/?p=120252 http://www.opalesque.com/Commodities_Briefing/?p=120252#comments Tue, 15 May 2012 02:20:34 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120252 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120252>Article Link</a> The price of gold and gold futures dropped yet again Monday morning, recording the seventh drop in nine trading days in May so far as industrial commodities, global stock markets and the Euro currency all sank amid Athens’ failure to negotiate a new coalition government. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120252 Gold’s bullishness has been compromised: Barclays http://www.opalesque.com/Commodities_Briefing/?p=120251 http://www.opalesque.com/Commodities_Briefing/?p=120251#comments Tue, 15 May 2012 02:20:21 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120251 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120251>Article Link</a> Gold broke through the $1600/oz mark to eliminate gains for the year, as a fragile physical market alongside rising political uncertainty, exposed prices to the downside. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120251 Factors that affect gold prices in India http://www.opalesque.com/Commodities_Briefing/?p=120250 http://www.opalesque.com/Commodities_Briefing/?p=120250#comments Tue, 15 May 2012 02:20:07 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120250 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120250>Article Link</a> Do you know the factors that affect gold prices in India? Other than basic jewellery demand, where India is the largest consumer, there are two other factors. Gold works on price parity, which means 10g of gold has the same value all over the world, hence international prices are important. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120250 Lead shortage looms in ’13 on record demand for batteries http://www.opalesque.com/Commodities_Briefing/?p=120249 http://www.opalesque.com/Commodities_Briefing/?p=120249#comments Tue, 15 May 2012 02:19:54 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120249 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120249>Article Link</a> Lead is poised to rally after erasing this year’s gains with the market returning to shortages following a five-year glut as miners fail to keep pace with record demand for batteries. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120249 Gold ETFs slip into negative territory for year http://www.opalesque.com/Commodities_Briefing/?p=120248 http://www.opalesque.com/Commodities_Briefing/?p=120248#comments Tue, 15 May 2012 02:19:39 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120248 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120248>Article Link</a> Gold ETFs lost more than 1% on Monday along with bullion prices to fall into the red for 2012. SPDR Gold Shares (NYSEArca: GLD) declined 1.3% in afternoon trade and touched a session low of $151 a share. It was the first time this year GLD has fallen below its 2011 closing price of $151.99 a share. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120248 Does your portfolio need a carbon credit ETF? http://www.opalesque.com/Commodities_Briefing/?p=120247 http://www.opalesque.com/Commodities_Briefing/?p=120247#comments Tue, 15 May 2012 02:19:24 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120247 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120247>Article Link</a> There are many hazardous consequences due to the presence of greenhouse gases in the earth’s atmosphere. Some of these are ozone layer depletion, climate change, global warming and a rise in sea levels. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120247 Commodities back to 2010 prices; Citi on oil: ‘All up from here’ http://www.opalesque.com/Commodities_Briefing/?p=120246 http://www.opalesque.com/Commodities_Briefing/?p=120246#comments Tue, 15 May 2012 02:19:13 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120246 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120246>Article Link</a> Broad-based commodities investing shows the strains of this year’s market more than stocks in some cases. Take the Dow Jones-UBS Commodity Index. It set a fresh low since late 2010 this morning. Then there’s the PowerShares DB Commodity Index Fund (DBC), down 1% recently, which is about 5% from the same fate. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120246 USDA studying data releases as commodities trading hours expand http://www.opalesque.com/Commodities_Briefing/?p=120245 http://www.opalesque.com/Commodities_Briefing/?p=120245#comments Tue, 15 May 2012 02:18:57 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120245 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120245>Article Link</a> The U.S. Department of Agriculture is studying procedures for releasing crop reports as exchanges add trading hours for corn, soybeans, wheat, soybean meal, soybean oil, oats and rough rice, Secretary Tom Vilsack said. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120245 Currency traders head for safety http://www.opalesque.com/Commodities_Briefing/?p=120244 http://www.opalesque.com/Commodities_Briefing/?p=120244#comments Tue, 15 May 2012 02:18:42 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120244 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120244>Article Link</a> A reassuring Italian bond auction helped stem the euro’s slide Monday but currency traders remained wary of riskier bets such as the euro and the Australian dollar as the specter of a Greek euro-zone exit continued to haunt markets. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120244 EU to spare some industries from full carbon trading obligations http://www.opalesque.com/Commodities_Briefing/?p=120243 http://www.opalesque.com/Commodities_Briefing/?p=120243#comments Tue, 15 May 2012 02:18:28 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120243 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120243>Article Link</a> The European Commission has drawn up a list of 14 industrial sectors that will be eligible for special state aid to compensate for the increased cost of electricity due to the European Emission Trading System (ETS), according to a draft paper seen by EurActiv. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120243 Korea: Challenges ahead for carbon trade scheme http://www.opalesque.com/Commodities_Briefing/?p=120242 http://www.opalesque.com/Commodities_Briefing/?p=120242#comments Tue, 15 May 2012 02:18:16 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120242 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120242>Article Link</a> A plan to introduce a greenhouse gas emissions trading program didn’t generate as much debate in Korea as in the U.S. and some other countries before it passed the parliament earlier this month. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120242 Germany increases grants of free carbon to 15pct of emitters http://www.opalesque.com/Commodities_Briefing/?p=120241 http://www.opalesque.com/Commodities_Briefing/?p=120241#comments Tue, 15 May 2012 02:18:03 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120241 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120241>Article Link</a> Germany, which will sell more European Union carbon allowances starting next year, intends to increase grants of free permits to 15 percent of its emitters in the bloc’s greenhouse-gas market. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120241 Palm oil plunges most in 14 months on Europe debt crisis http://www.opalesque.com/Commodities_Briefing/?p=120240 http://www.opalesque.com/Commodities_Briefing/?p=120240#comments Tue, 15 May 2012 02:17:36 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120240 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120240>Article Link</a> Palm oil slumped the most in more than 14 months on concerns that an escalating debt crisis in Europe and a deepening economic slowdown in China may curb demand for commodities. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120240 A rare speed bump in commodities’ long run http://www.opalesque.com/Commodities_Briefing/?p=120239 http://www.opalesque.com/Commodities_Briefing/?p=120239#comments Mon, 14 May 2012 04:32:41 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120239 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120239>Article Link</a> Commodities fell to nearly two-year lows last week, measured by a widely used benchmark, prompting investors to ponder whether the massive rally that began in 1999 may be faltering. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120239 Bullish wagers plunge most in 2012 on Greek impasse: Commodities http://www.opalesque.com/Commodities_Briefing/?p=120238 http://www.opalesque.com/Commodities_Briefing/?p=120238#comments Mon, 14 May 2012 04:32:27 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120238 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120238>Article Link</a> Jeffrey ShermanSpeculators cut bets on a rally in commodities by the most since November as Greece’s struggle to form a new government and weaker-than-expected industrial output in China erased this year’s gains in raw materials. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120238 Asia Pacific region faces commodity price volatility http://www.opalesque.com/Commodities_Briefing/?p=120237 http://www.opalesque.com/Commodities_Briefing/?p=120237#comments Mon, 14 May 2012 04:32:06 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120237 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120237>Article Link</a> Asia-Pacific faces another year of slowing growth as demand for its exports falls in developed countries and capital cost rises, according to latest United Nations projections, which nonetheless show optimism as the region will remain the anchor of global economic stability. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120237 Plunging commodity prices are ominous for stock market http://www.opalesque.com/Commodities_Briefing/?p=120236 http://www.opalesque.com/Commodities_Briefing/?p=120236#comments Mon, 14 May 2012 04:31:52 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120236 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120236>Article Link</a> Consumers understandably like to see prices for commodities decline, the more the merrier, particularly gasoline and energy costs. Many analysts also take commodity price declines as a positive for the economy, on the theory that consumers will have more spending money in their pockets, and manufacturers will have lower costs, so hopefully greater earnings. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120236 Commodities erase gain for year in worst run since 2008 http://www.opalesque.com/Commodities_Briefing/?p=120235 http://www.opalesque.com/Commodities_Briefing/?p=120235#comments Mon, 14 May 2012 04:31:35 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120235 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120235>Article Link</a> Commodities fell for an eighth straight session, wiping out gains for the year, after data from Asia showed a further slowdown in industrial output and JPMorgan Chase & Co. (JPM) said that it had a $2 billion trading loss. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120235 Where can investors find shelter from the volatility storm? http://www.opalesque.com/Commodities_Briefing/?p=120234 http://www.opalesque.com/Commodities_Briefing/?p=120234#comments Mon, 14 May 2012 04:31:17 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120234 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120234>Article Link</a> Investors fear a battering from renewed storms in the eurozone. How can they avoid losing money in the turmoil? (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120234 Oil funds cut $8 bln in bullish bets on slowing demand http://www.opalesque.com/Commodities_Briefing/?p=120233 http://www.opalesque.com/Commodities_Briefing/?p=120233#comments Mon, 14 May 2012 04:31:01 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120233 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120233>Article Link</a> Hedge funds and big speculators made the biggest-ever cuts in their bullish bets on oil, according to weekly regulatory data on Friday that will put a new perspective on the market’s sudden price rout late last week. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120233 Why the GCC does not need to worry about a falling oil price http://www.opalesque.com/Commodities_Briefing/?p=120232 http://www.opalesque.com/Commodities_Briefing/?p=120232#comments Mon, 14 May 2012 04:30:46 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120232 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120232>Article Link</a> That’s according to research from analysts at Standard & Poor’s, the credit rating agency. It argues that the health of the oil exporting GCC (Gulf Cooperation Council) economies is better now than in 2008/09 at the height of the global credit crunch even though the sovereign debt crisis in Europe continues to rage on. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120232 $100 per barrel great price for oil: Saudi Arabia http://www.opalesque.com/Commodities_Briefing/?p=120231 http://www.opalesque.com/Commodities_Briefing/?p=120231#comments Mon, 14 May 2012 04:30:32 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120231 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120231>Article Link</a> Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global inventories rise before demand picks up in the second half of the year, oil minister Ali al-Naimi said on Sunday. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120231 Oil prices could double by 2022, IMF warned http://www.opalesque.com/Commodities_Briefing/?p=120230 http://www.opalesque.com/Commodities_Briefing/?p=120230#comments Mon, 14 May 2012 04:30:16 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120230 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120230>Article Link</a> Global trade would be profoundly affected if crude prices permanently doubled from current historic high of $113 a barrel. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120230 Oil price tumbles as global supplies flourish http://www.opalesque.com/Commodities_Briefing/?p=120229 http://www.opalesque.com/Commodities_Briefing/?p=120229#comments Mon, 14 May 2012 04:30:01 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120229 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120229>Article Link</a> The oil price has tumbled over the past two weeks as global stocks rose and concerns about eurozone debt and Chinese growth mounted. So, for oil investors, is it a case of sell in May and go away? (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120229 Iraq oil output beating Iran ends Saddam legacy: Energy Markets http://www.opalesque.com/Commodities_Briefing/?p=120228 http://www.opalesque.com/Commodities_Briefing/?p=120228#comments Mon, 14 May 2012 04:29:44 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=120228 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=120228>Article Link</a> Iraq, seeking to more than double oil output by 2015, is poised to overtake Iran as OPEC’s second- largest producer by the end of the year as sanctions hobble crude production in its Persian Gulf neighbor. (more…)

]]> http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=120228