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Commodities Briefing - Categorized | Financial, Market Moves more

JPMorgan’s quarterly commods risk hits 2-year lows

Posted on 16 July 2012

JPMorgan Chase & Co’s commodities trading risk fell to its lowest level in two years during the second quarter as tumbling prices sidelined many investors in oil, metals and agricultural markets, company results showed on Friday.
The largest U.S. bank by assets said its value-at-Risk (VaR) in commodities fell by 38 percent to average $13 million per day in the three months to June, versus $21 million in the first quarter………………………………………..Full Article: Source


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