Opalesque Commodities Briefing http://www.opalesque.com/Commodities_Briefing Tue, 28 Apr 2015 00:37:09 +0000 http://wordpress.org/?v=2.5.1 en Three risks that could derail this year’s commodity rally http://www.opalesque.com/Commodities_Briefing/?p=135992 http://www.opalesque.com/Commodities_Briefing/?p=135992#comments Tue, 28 Apr 2015 00:37:09 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135992 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135992>Article Link</a> Can commodities continue their early year rally? After spending most of 2014 sinking, prices for commodities such as oil have steadily climbed in the past few months, leading analysts to speculate whether the commodity bear market is finally at an end. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135992
Should I Have Held Commodities In My Portfolio? http://www.opalesque.com/Commodities_Briefing/?p=135991 http://www.opalesque.com/Commodities_Briefing/?p=135991#comments Tue, 28 Apr 2015 00:36:56 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135991 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135991>Article Link</a> Commodity funds manifest inferior risk-adjusted return, relative to other asset classes. Absence of conclusive superior risk-adjusted returns for portfolios holding commodity funds. Commodity performance as an investment varies by the particular fund (proxy) used. Commodities are a relatively new asset class. (They are new at least with respect to domestic equities.) (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135991
BofA raises oil price forecasts for 2016 http://www.opalesque.com/Commodities_Briefing/?p=135990 http://www.opalesque.com/Commodities_Briefing/?p=135990#comments Tue, 28 Apr 2015 00:36:34 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135990 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135990>Article Link</a> Bank of America Merrill Lynch has revised upward its oil price forecasts for 2016, but said it remained bearish amid oversupply, weak demand from emerging markets, a return of U.S. shale production and expectations of a deal on Iran. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135990
Investors Step Up Bets on Oil Price Recovery http://www.opalesque.com/Commodities_Briefing/?p=135989 http://www.opalesque.com/Commodities_Briefing/?p=135989#comments Tue, 28 Apr 2015 00:36:20 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135989 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135989>Article Link</a> Investors last week pushed the number of bets that oil prices would rise to a record high, even as some market observers worry prices could slip in the short-term. Net long positions taken by large investors in futures and options contracts that the price of Brent crude oil would increase rose 3.2% during the past week, according to the Commitment of Traders report from Intercontinental Exchange Inc. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135989
Why this oil price collapse could be different http://www.opalesque.com/Commodities_Briefing/?p=135988 http://www.opalesque.com/Commodities_Briefing/?p=135988#comments Tue, 28 Apr 2015 00:35:58 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135988 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135988>Article Link</a> Unlike the 1980s, electricity prices should hold firm, but we should not be complacent about fixing our energy policy. The recent oil price collapse seems like a replay of a bad 1980s movie that we’ve seen before. If we are not careful, we’ll be doomed to make the same mistakes we made last time, allowing our domestic oil and gas producers to wither, watching energy imports soar, prematurely stunting the growth of alternative fuel sources, and tossing conservation and efficiency by the wayside. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135988
Saudi Prince Sees ‘Excellent’ Oil Market as Kingdom Pumps On http://www.opalesque.com/Commodities_Briefing/?p=135987 http://www.opalesque.com/Commodities_Briefing/?p=135987#comments Tue, 28 Apr 2015 00:35:39 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135987 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135987>Article Link</a> Saudi Arabia, the world’s biggest oil exporter, will meet any demand for its crude as the kingdom seeks to keep customers happy and maintain a balanced market, Prince Abdulaziz bin Salman, the deputy oil minister, said. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135987
Oil’s 45 percent rebound could be markets’ next headache http://www.opalesque.com/Commodities_Briefing/?p=135986 http://www.opalesque.com/Commodities_Briefing/?p=135986#comments Tue, 28 Apr 2015 00:35:23 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135986 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135986>Article Link</a> Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January. Since then, Brent crude futures have risen 45 percent. If that is sustained or even increased throughout this year, inflation next year could rise significantly, posing questions for policymakers largely committed to ultra-loose policy. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135986
This Is How Much OPEC Really Earns http://www.opalesque.com/Commodities_Briefing/?p=135985 http://www.opalesque.com/Commodities_Briefing/?p=135985#comments Tue, 28 Apr 2015 00:35:01 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135985 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135985>Article Link</a> The world already knows that the Organization of Petroleum Exporting Countries, or OPEC, can change the fate of the international oil price. By producing close to 40 % of the world’s combined crude oil, OPEC’s oil exports represents about 60% of the total petroleum traded internationally. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135985
Why the US won’t have OPEC to kick around in 2016 http://www.opalesque.com/Commodities_Briefing/?p=135984 http://www.opalesque.com/Commodities_Briefing/?p=135984#comments Tue, 28 Apr 2015 00:34:47 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135984 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135984>Article Link</a> As candidates for the 2016 U.S. general election gear up for a White House run, one villain of recent campaign cycles will be conspicuously absent: the cartel known as OPEC. With the U.S. oil boom helping the world’s largest economy churn out more than 9 million barrels per day (bpd), its highest in about three decades and up 80 percent since 2008, energy prices appear to be sidelined as political theater. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135984
Lack of fear leaves gold looking vulnerable http://www.opalesque.com/Commodities_Briefing/?p=135983 http://www.opalesque.com/Commodities_Briefing/?p=135983#comments Tue, 28 Apr 2015 00:34:33 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135983 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135983>Article Link</a> After a swift surge in late March and early April, gold prices have turned around, losing some 2 percent in the past two weeks. And the pros say that with a general lack of fear in the market, there’s little reason to jump into the yellow metal just yet. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135983
Gold Vs. Silver: Better Fundamental Value In Silver, But More Short-Term Price Risk? http://www.opalesque.com/Commodities_Briefing/?p=135982 http://www.opalesque.com/Commodities_Briefing/?p=135982#comments Tue, 28 Apr 2015 00:34:22 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135982 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135982>Article Link</a> Gold has outperformed silver on a risk-adjusted basis since the GFC. Our fair value model suggests that neither gold or silver are overpriced, with greater relative value in silver. We see some short-term price risk in both commodities: slightly more in silver. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135982
Gold futures top $1,200 to settle at a two-week high http://www.opalesque.com/Commodities_Briefing/?p=135981 http://www.opalesque.com/Commodities_Briefing/?p=135981#comments Tue, 28 Apr 2015 00:34:09 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135981 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135981>Article Link</a> Gold futures settled at their highest level in about two weeks on Monday, buoyed by weakness in the U.S. dollar as talks between Greece and its international creditors dragged on and investors awaited the outcome of this week’s Federal Reserve meeting. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135981
The Best Way to Own Gold and Silver http://www.opalesque.com/Commodities_Briefing/?p=135980 http://www.opalesque.com/Commodities_Briefing/?p=135980#comments Tue, 28 Apr 2015 00:33:56 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135980 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135980>Article Link</a> I’m looking for information on adding gold and silver to my investments. What are the advantages and disadvantages of buying coins? What about gold and silver stocks or mutual funds? (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135980
For hard-hit silver miners, gold is the silver lining http://www.opalesque.com/Commodities_Briefing/?p=135979 http://www.opalesque.com/Commodities_Briefing/?p=135979#comments Tue, 28 Apr 2015 00:33:45 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135979 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135979>Article Link</a> Pure-play silver miners, a niche investment market popular with retail investors, are moving up the endangered list. Buffeted by a 68 percent plunge in the price of silver since 2011, miners who traditionally made most of their money from silver are increasingly diversifying into gold, buying mines that have been put up for sale and looking to acquire more. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135979
What’s Buoying the Demand for Bullion? http://www.opalesque.com/Commodities_Briefing/?p=135978 http://www.opalesque.com/Commodities_Briefing/?p=135978#comments Tue, 28 Apr 2015 00:33:32 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135978 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135978>Article Link</a> Gold jewelers are betting the Indian Akshaya Tritiya festival will buoy demand for bullion. Jewelers expect the festival could drive up sales by as much as 30 percent over last year’s level. Already, gold imports are estimated to have hit 125 tons in March, compared with just 55 tons in February and twice the amount imported a year earlier, suggesting jewelers have stocked up well. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135978
Why Nickel is Your Best Bet for Resource Gains This Year http://www.opalesque.com/Commodities_Briefing/?p=135977 http://www.opalesque.com/Commodities_Briefing/?p=135977#comments Tue, 28 Apr 2015 00:33:20 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135977 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135977>Article Link</a> A huge event is playing out in the commodities markets right now. Most people don’t know about it. It’s not gold. It’s not oil. And it’s not iron ore. This is an event taking place close to Australia’s borders that’s set to impact one key — and niche — area of the resources sector. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135977
Japanese aluminum industry divided on Chinese export tax removal http://www.opalesque.com/Commodities_Briefing/?p=135976 http://www.opalesque.com/Commodities_Briefing/?p=135976#comments Tue, 28 Apr 2015 00:33:05 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135976 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135976>Article Link</a> China’s plan to remove an export tax on aluminum bars and rods from May 1 has the Japanese market divided, sources said Monday, April 27. Although rods and bars are a small market — China exported 2,114 mt to Japan in 2014 — the products have a wide range of uses in the cable, construction and automotive sectors. So the end of China’s export tax could have ripple effects, they said. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135976
Money Pours Out of Oil ETFs http://www.opalesque.com/Commodities_Briefing/?p=135975 http://www.opalesque.com/Commodities_Briefing/?p=135975#comments Tue, 28 Apr 2015 00:32:46 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135975 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135975>Article Link</a> Exchange-traded funds, or ETFs, that invest in U.S. oil futures are showing signs of outflows in a negative signal for a monthlong crude-price rally, Nicole Friedman reports. An inflow that began in January, as oil prices continued to fall, totaled roughly $6 billion through mid-March, when U.S. crude hit a six-year low, according to Macquarie Group Ltd. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135975
Institutional investors warming up to ETFs http://www.opalesque.com/Commodities_Briefing/?p=135974 http://www.opalesque.com/Commodities_Briefing/?p=135974#comments Tue, 28 Apr 2015 00:32:35 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135974 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135974>Article Link</a> Some 34% of officials at defined benefit plans, foundations and endowments say they use ETFs or ETNs, and of those, one-quarter plan to increase their usage, a new Pensions & Investments survey shows. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135974
Hedge funds betting on more losses for crops as supplies swell http://www.opalesque.com/Commodities_Briefing/?p=135973 http://www.opalesque.com/Commodities_Briefing/?p=135973#comments Tue, 28 Apr 2015 00:32:24 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135973 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135973>Article Link</a> With planting conditions improving across the U.S. Midwest, hedge funds are betting that harvests this year will compound a global crop surplus and worsen losses for corn, soybean and wheat prices. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135973
Russian central bank opposes restrictions on using foreign currency http://www.opalesque.com/Commodities_Briefing/?p=135972 http://www.opalesque.com/Commodities_Briefing/?p=135972#comments Tue, 28 Apr 2015 00:31:59 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135972 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135972>Article Link</a> Russia’s central bank said late on Monday that it opposed restrictions on using foreign currency in Russia. Russia’s Security Council earlier on Monday proposed measures aimed at reducing the use of foreign currency in Russia and boosting the use of the rouble in international settlements. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135972
China’s Currency Move Is Sign of Larger Struggle in Yuan http://www.opalesque.com/Commodities_Briefing/?p=135971 http://www.opalesque.com/Commodities_Briefing/?p=135971#comments Tue, 28 Apr 2015 00:31:38 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135971 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135971>Article Link</a> Look no further than trading in the Chinese yuan if you want to see how challenging coming years are likely to be for China’s policy makers and the global economy. The yuan has risen against the dollar this year despite growing slack in the Chinese economy and the pain a strong currency inflicts on its export sector. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135971
New EU proposal suggests Jan. 1, 2019 start for carbon market reform http://www.opalesque.com/Commodities_Briefing/?p=135970 http://www.opalesque.com/Commodities_Briefing/?p=135970#comments Tue, 28 Apr 2015 00:31:18 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135970 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135970>Article Link</a> A new proposal from Latvia, holder of the EU presidency, puts forward a date of Jan. 1, 2019 to start reforms of the Emissions Trading System (ETS), according to EU sources, as part of efforts to seal a compromise deal. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135970
Greens reveal post-2020 emissions targets http://www.opalesque.com/Commodities_Briefing/?p=135969 http://www.opalesque.com/Commodities_Briefing/?p=135969#comments Tue, 28 Apr 2015 00:31:06 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135969 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135969>Article Link</a> The Australian Greens want the nation to slash carbon emissions by up to 50 per cent by 2025 and be carbon neutral in 25 years. The party laid out its post-2020 emissions reduction targets on Monday ahead of this year’s United Nations climate change summit, where it is hoped a global agreement can be reached. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135969
Labour Party threat to UK’s carbon price support emerges http://www.opalesque.com/Commodities_Briefing/?p=135968 http://www.opalesque.com/Commodities_Briefing/?p=135968#comments Tue, 28 Apr 2015 00:30:52 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135968 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135968>Article Link</a> The UK’s Labour Party is the most likely major political party to banish the country’s controversial carbon tax on power generators if its wins the forthcoming general election on 7 May, according to a leading UK energy policy expert. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135968
Africa and commodity prices: No longer the kiss of death http://www.opalesque.com/Commodities_Briefing/?p=135967 http://www.opalesque.com/Commodities_Briefing/?p=135967#comments Fri, 24 Apr 2015 00:48:58 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135967 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135967>Article Link</a> In 2014 commodity prices tumbled. Many economists feared the worst for Africa. For decades the continent has been hopelessly dependent on commodities to power economic growth. When prices crashed, economies would go into tailspin. This time around, though, things seem different. The continent is holding up well. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135967
Hedge funds bet big on oil price rally http://www.opalesque.com/Commodities_Briefing/?p=135966 http://www.opalesque.com/Commodities_Briefing/?p=135966#comments Fri, 24 Apr 2015 00:48:47 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135966 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135966>Article Link</a> Hedge funds have placed one of their largest ever bets on a rally in oil prices, just as evidence mounts that energy companies are hunkering down for a delayed recovery. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135966
Strong demand to rebalance oil market by early 2016: Kemp http://www.opalesque.com/Commodities_Briefing/?p=135965 http://www.opalesque.com/Commodities_Briefing/?p=135965#comments Fri, 24 Apr 2015 00:48:21 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135965 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135965>Article Link</a> Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of forecasters. Coupled with a fall in shale output in the second half of the year, as the decline in the U.S. rig count takes effect, that should be enough to bring the oil market near to balance by early 2016. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135965
U.S. Shale Fracklog Triples as Drillers Keep Oil From Market http://www.opalesque.com/Commodities_Briefing/?p=135964 http://www.opalesque.com/Commodities_Briefing/?p=135964#comments Fri, 24 Apr 2015 00:48:01 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135964 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135964>Article Link</a> Think the U.S. is awash in crude now? Thank the fracklog that it’s not worse. Drillers in oil and gas fields from Texas to Pennsylvania have yet to turn on the spigots at 4,731 wells they’ve drilled, keeping 322,000 barrels a day underground, a Bloomberg Intelligence analysis shows. That’s almost as much as OPEC member Libya has been pumping this year. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135964
Where should investors look when Oil recovers? http://www.opalesque.com/Commodities_Briefing/?p=135963 http://www.opalesque.com/Commodities_Briefing/?p=135963#comments Fri, 24 Apr 2015 00:47:42 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135963 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135963>Article Link</a> When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada’s western frontier of Saskatchewan and neighboring Alberta will ’still have the edge’, according to a report from TD Economics. Depressed oil prices may have skewed the view from Canada’s oil-producing west, but this will be one of the better places to bet on the oil rebound. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135963
Has China Doubled Its Gold Reserves? - IMF May Soon Find Out http://www.opalesque.com/Commodities_Briefing/?p=135962 http://www.opalesque.com/Commodities_Briefing/?p=135962#comments Fri, 24 Apr 2015 00:47:23 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135962 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135962>Article Link</a> Once again, speculation is cropping up regarding the size of China’s gold reserves and whether or not the People’s Bank of China has been bolstering its holdings in secret. According to data from the International Monetary Fund, China’s official gold reserves have not changed since 2009, standing at 1,054 tonnes. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135962
Uranium outlook positive but perhaps not outstanding unless… http://www.opalesque.com/Commodities_Briefing/?p=135961 http://www.opalesque.com/Commodities_Briefing/?p=135961#comments Fri, 24 Apr 2015 00:46:53 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135961 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135961>Article Link</a> Uranium has been one of the best performing commodities over the past year, but only because it was rising from such a low level. So now what lies ahead? While the uranium price may well have been one of the best performing over the past nine months or so, it should be remembered that this is as a recovery from an all-time low price in real terms – but then such times may well prove to have provided the best opportunity to get back into the commodity. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135961
Bullish Traders Are Turning To Rare Earth Metals http://www.opalesque.com/Commodities_Briefing/?p=135960 http://www.opalesque.com/Commodities_Briefing/?p=135960#comments Fri, 24 Apr 2015 00:45:54 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135960 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135960>Article Link</a> This past week many momentum traders have turned their attention to a niche corner of the commodity markets – rare earth metals. Companies that explore and or process rare metals are of specific interest to traders because of strong moves in a couple of the sector’s key players. Based on their respective chart patterns, active traders will likely add these stocks to their watch lists because they could be setting up for a continued move higher. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135960
China’s aluminum set to worsen glut as export taxes removed http://www.opalesque.com/Commodities_Briefing/?p=135959 http://www.opalesque.com/Commodities_Briefing/?p=135959#comments Fri, 24 Apr 2015 00:45:30 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135959 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135959>Article Link</a> China, the world’s largest aluminum producer, may worsen a global glut of the metal as the government scrapped export duties for some products. The removal of fees to ship certain aluminum products may encourage further exports from the country that accounts for about half the world’s production. Global prices may sink as the move encourages producers to shift China’s aluminum glut overseas, according to Bloomberg Intelligence. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135959
Aluminum leads metals lower as China manufacturing contracts http://www.opalesque.com/Commodities_Briefing/?p=135958 http://www.opalesque.com/Commodities_Briefing/?p=135958#comments Fri, 24 Apr 2015 00:45:12 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135958 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135958>Article Link</a> Aluminum fell the most in almost a month as most industrial metals retreated after a gauge of manufacturing strength slid to a 12-month low in China, the world’s biggest consumer. Aluminum lost as much as 1.2%, the biggest drop since March 27. HSBC Holdings and Markit Economics’ preliminary Purchasing Managers’ Index for Chinese manufacturing was at 49.2 for April, below the median estimate in a Bloomberg survey and the second month of contraction. Factory data for the euro region are due later in the day. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135958
China’s molybdenum export tax removal to overshadow Japanese term talks http://www.opalesque.com/Commodities_Briefing/?p=135957 http://www.opalesque.com/Commodities_Briefing/?p=135957#comments Fri, 24 Apr 2015 00:44:54 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135957 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135957>Article Link</a> China’s removal of its export tax on molybdenum products from May 1 will overshadow term contract negotiations between Japanese steelmakers and overseas moly suppliers, industry sources said Thursday, April 23. Japanese moly term contracts typically run over a one-year period. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135957
Copper: What’s in store for the metal in FY16? http://www.opalesque.com/Commodities_Briefing/?p=135956 http://www.opalesque.com/Commodities_Briefing/?p=135956#comments Fri, 24 Apr 2015 00:44:28 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135956 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135956>Article Link</a> Copper prices may remain under pressure as the new mine supply will exceed the rate of copper consumption by about 1.5% per annum. In India, domestic metal demand growth is likely for FY16. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135956
Oil vs. Gas ETFs: Which One Should I Choose? http://www.opalesque.com/Commodities_Briefing/?p=135955 http://www.opalesque.com/Commodities_Briefing/?p=135955#comments Fri, 24 Apr 2015 00:44:09 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135955 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135955>Article Link</a> Energy is one of the last places an investor wanted to be over the past year. Many analysts are calling a bottom. This is often based on nothing more than oil and natural gas prices being low combined with an improving U.S. economy. As far as the latter is concerned, this trend is debatable. Though unemployment has improved, there is minimal wage growth.
Without wage growth, consumers save more and spend less. Additionally, the Baby Boomer generation is retiring in droves, and retirees tend to save more and spend less. Furthermore, China is consistently slowing and the Eurozone and Japan are fighting deflation…………………………………..Full Article: Source

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135955
How To Purchase Shares of an Exchange-Traded Fund in the Market http://www.opalesque.com/Commodities_Briefing/?p=135954 http://www.opalesque.com/Commodities_Briefing/?p=135954#comments Fri, 24 Apr 2015 00:43:49 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135954 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135954>Article Link</a> The rise in the popularity of exchange-traded funds (ETFs) is occurring, because investors are drawn to their lower fees, liquidity and ease of diversification. Although ETFs have been around since 1993, their attractiveness has soared in the past few years as more 401(k) and IRA plans are offering them as an option. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135954
The CEW Emerging Market Currency ETF http://www.opalesque.com/Commodities_Briefing/?p=135953 http://www.opalesque.com/Commodities_Briefing/?p=135953#comments Fri, 24 Apr 2015 00:43:46 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135953 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135953>Article Link</a> If you would like to invest in emerging market currencies, take a good look at the Wisdom Tree Emerging Currency Strategy Fund (CEW) exchange-traded fund (ETF). That said, “invest” might not be the best word. With a 0.56% expense ratio, holding this ETF long term will eat into your profits. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135953
How do you choose the right currency service? http://www.opalesque.com/Commodities_Briefing/?p=135952 http://www.opalesque.com/Commodities_Briefing/?p=135952#comments Fri, 24 Apr 2015 00:43:13 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135952 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135952>Article Link</a> The bank is not the only way to move your money around the world - here are the strengths and weaknesses of three money exchange options. The currency exchange market has changed beyond recognition over the past decade. It has responded to the changes in the way we live today: business is transacted across borders, and currencies need to be exchanged 24 hours a day. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135952
Swiss left helpless in currency wars as franc surges http://www.opalesque.com/Commodities_Briefing/?p=135951 http://www.opalesque.com/Commodities_Briefing/?p=135951#comments Fri, 24 Apr 2015 00:42:58 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135951 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135951>Article Link</a> Switzerland is running out of ammunition to fight the global currency wars. In the three months since the Swiss National Bank scrapped the franc’s ceiling against the euro, it’s intervened in currency markets, cut interest rates and on Wednesday made more depositors subject to its negative rates. Yet the franc has still gained the most among its Group-of-10 peers this year, with traders positioned for further strength. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135951
Asia’s environment: In need of a green revolution http://www.opalesque.com/Commodities_Briefing/?p=135950 http://www.opalesque.com/Commodities_Briefing/?p=135950#comments Fri, 24 Apr 2015 00:42:44 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135950 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135950>Article Link</a> The Asian economic miracle has lifted millions out of poverty, but at terrible cost. Deforestation and foul water are just two of the insults to nature resulting from breathless expansion. Air pollution in Beijing has been described by the American embassy as “crazy bad”. Asia is one of the biggest contributors to global warming. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135950
Direct Action four times more efficient than ALP’s carbon tax http://www.opalesque.com/Commodities_Briefing/?p=135949 http://www.opalesque.com/Commodities_Briefing/?p=135949#comments Fri, 24 Apr 2015 00:42:26 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135949 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135949>Article Link</a> Environment Minister Greg Hunt may just have won the next election for the Coalition. He is going to cut Australia’s carbon emissions four times more than Labor did with its carbon tax at 1 per cent of the price per tonne of emissions cut under the carbon tax. He is now publicly confident Australia will “breeze past” its 2020 target of cutting emissions by 5 per cent on 2000 levels. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135949
Continued Weakness in Commodity Markets May Signal Long Term Easing of Prices http://www.opalesque.com/Commodities_Briefing/?p=135948 http://www.opalesque.com/Commodities_Briefing/?p=135948#comments Thu, 23 Apr 2015 00:56:32 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135948 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135948>Article Link</a> Well-supplied markets are continuing to drive down prices of commodities, across the board, says the latest issue of the World Bank’s Commodity Markets Outlook (CMO). Most indices edged further down during the first quarter of 2015, with food down 7.3 percent, crude oil down 13 percent and metals down 9 percent compared to the fourth quarter of 2014. Prices are expected to stay weak for the rest of this year, with only a marginal recovery expected in 2016. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135948
World’s commodity trading houses have their sights set on Iran thaw http://www.opalesque.com/Commodities_Briefing/?p=135947 http://www.opalesque.com/Commodities_Briefing/?p=135947#comments Thu, 23 Apr 2015 00:56:14 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135947 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135947>Article Link</a> The world’s largest commodity trading houses are first in line to profit from the much expected return of Iran to global markets as Tehran and Washington enter into the final three months of nuclear talks. While the global oil industry has been seen as the biggest beneficiary of a thaw, commodities’ traders including Cargill, Glencore, Vitol, Trafigura and Louis Dreyfus Commodities have a long history in Iran, helping to export its oil and import daily basics like gasoline, wheat and rice. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135947
The fossil fuelled economy http://www.opalesque.com/Commodities_Briefing/?p=135946 http://www.opalesque.com/Commodities_Briefing/?p=135946#comments Thu, 23 Apr 2015 00:55:55 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135946 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135946>Article Link</a> The price of oil has historically had a huge affect on the global economy but how does it impact on our lives in general? Our research has unearthed some fascinating facts in the event of oil price fluctuations. The impact of oil price changes meant average car insurance premiums increased by 2% (a whopping £12m) in the final quarter of 2014, which was the first quarterly increase since 2011. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135946
Could The Oil Market Be In For A Quick Rebound? http://www.opalesque.com/Commodities_Briefing/?p=135945 http://www.opalesque.com/Commodities_Briefing/?p=135945#comments Thu, 23 Apr 2015 00:55:40 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135945 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135945>Article Link</a> A global oil glut led to the slump in oil prices over the last year. Yet some in the industry believe the turnaround could come much quicker than markets expect. Glencore chairman and Genel CEO Tony Hayward is particularly bullish. Though he thinks the oversupply in the market would likely take a year or two to work off, he predicts that cuts to oil companies’ capital spending are laying the seeds for the next oil price bull market. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135945
Strong demand to rebalance oil market by early 2016 http://www.opalesque.com/Commodities_Briefing/?p=135944 http://www.opalesque.com/Commodities_Briefing/?p=135944#comments Thu, 23 Apr 2015 00:55:23 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135944 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135944>Article Link</a> Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of forecasters. Coupled with a fall in shale output in the second half of the year, as the decline in the US rig count takes effect, that should be enough to bring the oil market near to balance by early 2016. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135944
Pricing Up Oil Worry on Shell’s BG Deal http://www.opalesque.com/Commodities_Briefing/?p=135943 http://www.opalesque.com/Commodities_Briefing/?p=135943#comments Thu, 23 Apr 2015 00:55:03 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135943 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135943>Article Link</a> What is a merger without a bit of arbitrage? Ask Royal Dutch Shell and BG Group. Pentwater Capital Management this week became the first big merger arbitrage fund to disclose a position in BG, after Shell’s $70 billion cash-and-stock deal to buy the U.K. oil and gas company. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135943
Wall Street Bets on Oil Price Rally http://www.opalesque.com/Commodities_Briefing/?p=135942 http://www.opalesque.com/Commodities_Briefing/?p=135942#comments Thu, 23 Apr 2015 00:54:48 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135942 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135942>Article Link</a> If the whims of speculators are anything to go by, then oil markets are poised for a rebound. Data from the Commodity Futures Trading Commission show that bullish positions on WTI have reached their highest levels in eight months. Speculators make bets on the price of crude — long or short — depending on where they think prices are heading. Not since the end of the summer in 2014 have so many investors put money on the line, betting on a price rise. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135942
Is The Oil Price Now In A Big Gap For Investors? http://www.opalesque.com/Commodities_Briefing/?p=135941 http://www.opalesque.com/Commodities_Briefing/?p=135941#comments Thu, 23 Apr 2015 00:54:34 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135941 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135941>Article Link</a> Leading oil stocks have already run hard - over 100% off the bottom and some are even up Year-Over-Year. Tier 2 oil stocks started to move in last week’s rally - should they be bought? Euphoria may move the group, but quarterly financials could be a regular rude awakening. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135941
The gold rush in Dubai http://www.opalesque.com/Commodities_Briefing/?p=135940 http://www.opalesque.com/Commodities_Briefing/?p=135940#comments Thu, 23 Apr 2015 00:54:19 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135940 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135940>Article Link</a> Stability in gold prices combined with festivals have led to brisk gold and diamond buying across the country. Retailers said the number of customers who buy gold and diamond jewellery has increased in the recent years. “We witness a surge in sale especially during occasions such as Akshaya Tritiya and Dhantheras. Diamond jewellery, especially rings and pendants have also become increasingly popular nowadays,” said a representative of Malabar Gold. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135940
Gold seesaws around $1,200/oz http://www.opalesque.com/Commodities_Briefing/?p=135939 http://www.opalesque.com/Commodities_Briefing/?p=135939#comments Thu, 23 Apr 2015 00:54:06 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135939 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135939>Article Link</a> The gold market is stuck in a holding pattern. Gold for June delivery was little changed at $1,202.50 an ounce by 7:37 a.m. on the Comex in New York. Prices have alternated between daily gains and losses for the past week and a measure of 60-day volatility dropped to the lowest since November. Trading volume was 15 percent below the 100-day average for the time of day. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135939
Gold down as investor indifference to bad news takes hold http://www.opalesque.com/Commodities_Briefing/?p=135938 http://www.opalesque.com/Commodities_Briefing/?p=135938#comments Thu, 23 Apr 2015 00:53:51 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135938 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135938>Article Link</a> Gold’s inability to break out of its recent $20 range could indicate that the market has become numb to bubbling geopolitical risk. Gold for June delivery on the Comex division of the New York Mercantile Exchange was last down $4.20 at $1,198.90 per ounce. Trade has ranged from $1,197.70 to $1,204.40. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135938
Bullion no more the sole attraction on Akshay Tritiya http://www.opalesque.com/Commodities_Briefing/?p=135937 http://www.opalesque.com/Commodities_Briefing/?p=135937#comments Thu, 23 Apr 2015 00:53:33 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135937 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135937>Article Link</a> Akshay Tritiya on Tuesday sent the cash registers ringing at city jewellery shops, which registered a 30-35% increase in business as compared to the festival last year. However, buyers’ preference for jewellery over bullion pointed to a shift in the trend seen in the last few years. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135937
Iron Ore Price Outlook Cut by World Bank as Supplies to Expand http://www.opalesque.com/Commodities_Briefing/?p=135936 http://www.opalesque.com/Commodities_Briefing/?p=135936#comments Thu, 23 Apr 2015 00:53:18 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135936 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135936>Article Link</a> Iron ore will lead declines among metals this year as the biggest producers in Australia and Brazil expand low-cost supplies further while demand remains weak, according to the World Bank, which cut price forecasts. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135936
Zinc bull story to keep rolling http://www.opalesque.com/Commodities_Briefing/?p=135935 http://www.opalesque.com/Commodities_Briefing/?p=135935#comments Thu, 23 Apr 2015 00:53:03 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135935 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135935>Article Link</a> Zinc has started to show signs of life again. In recent weeks the spot price of zinc crossed over $1/lb, up from a one-year low around 0.90/lb. It seems the prospect of a growing zinc deficit is back in play. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135935
Commodity ETFs Starting to Turn Around http://www.opalesque.com/Commodities_Briefing/?p=135934 http://www.opalesque.com/Commodities_Briefing/?p=135934#comments Thu, 23 Apr 2015 00:52:48 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135934 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135934>Article Link</a> Some investors may be easing back into commodities and related exchange traded funds as a strengthening global economy, a slowing U.S. dollar and fall off in prices are enticing some bottom fishers. Over the past month, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) added 3.8%, iPath Dow Jones-UBS Commodity Index Total Return ETN (NYSEArca: DJP) gained 2.2% and iShares GSCI Commodity-Indexed Trust (NYSEArca: GSG) increased 7.3%. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135934
The Top 3 Silver ETFs http://www.opalesque.com/Commodities_Briefing/?p=135933 http://www.opalesque.com/Commodities_Briefing/?p=135933#comments Thu, 23 Apr 2015 00:52:32 +0000 VRS http://www.opalesque.com/Commodities_Briefing/?p=135933 <br> <a href=http://www.opalesque.com/Commodities_Briefing/?p=135933>Article Link</a> Silver, like gold, is a precious metal that also has industrial applications.. Silver Exchange Traded Funds (ETFs) are pools of funds that enable traders and investors to gain exposure to silver ownership or price movement. Owning the physical commodity requires the owner to take delivery and store and secure the asset at additional costs and risks. (more…)

]]>
http://www.opalesque.com/Commodities_Briefing/?feed=rss2&p=135933