February 20, 2011 - Soybeans Drop as U.S. Export Sales Fall, China Cancels Purchase - Soybeans fell in Chicago, heading for a second weekly drop, after export sales from the U.S. slid and China scrapped an order, signaling importers may be switching to South American supplies.
February 20, 2011 - N.Y. Crude Oil Reverses Gain, Falls 0.4% to $86.06 a Barrel - Crude oil fell, erasing an earlier gain of as much as 1.8 percent.
January 5, 2011 - World Food Prices Surge to Record, Passing Levels That Sparked 2008 Riots - World food prices rose to a record in December on higher sugar, grain and oilseed costs, the United Nations said, exceeding levels reached in 2008 that sparked deadly riots from Haiti to Egypt.
January 3, 2010 - Crude Advances to 27-Month High on Bets Economic Recovery May Boost Demand - Oil rose to its highest price in 27 months on speculation the U.S. will sustain an economic recovery into this year, bolstering consumption in the world’s largest crude user.
December 31, 2010 - Raw Materials Post Record Second-Half Gain, Led by Cotton, Silver, Coffee - Commodities posted a record second- half gain as adverse weather slashed global crops, debt woes in Europe boosted demand for precious metals as investment havens and China consumed more of everything from cotton to copper.
December 31, 2010 - Commodities Beat Stocks, Bonds, Dollar in 2010 - Commodity prices beat gains in stocks, bonds and the dollar this year as China, the biggest user of everything from cotton to copper to soybeans, led the recovery from the first global recession since World War II.
January 18, 2011 - Indian Stocks Climb as Tata Consultancy Posts Record Earnings - India’s benchmark stock index rose for the second day, led by software exporters, after Tata Consultancy Services Ltd. reported record third-quarter profit.
January 17, 2011 - India’s Sensex Rises; Tata Consultancy, Software Exporters Gain - India’s benchmark stock index rose, led by Tata Consultancy Services Ltd. and other software exporters on speculation an economic recovery in developed nations will boost earnings.
January 14, 2011 - India’s Sensex Index Little Changed After Inflation Report - Indian stocks were little changed after a government inflation report. The Bombay Stock Exchange’s Sensitive Index, or Sensex, lost 0.1 percent to 19,165.02 as of 11:46 p.m. in Mumbai. Tata Motors Ltd., India’s biggest truckmaker, fell 2.7 percent. Wipro Ltd., the nation’s third-largest software-services provider, gained 2.5 percent.
January 13, 2011 - India Sensex Index Declines as Infosys Profit Misses Estimates - India’s stocks fell, led by software exporters after Infosys Technologies Ltd.’s quarterly profit missed analysts’ estimates as concerns about the global recovery kept clients from boosting orders
December 29, 2010 - Copper Advances to Record in London Trading on Speculation of More Growth - Copper climbed to a record in London on speculation faster economic growth next year will support demand for industrial metals.
December 21, 2010 - Crude Oil Trades Near a Two-Year High as U.S. Economic Outlook Improves - Crude rose for a fourth day as signs of U.S. economic recovery stoked expectations that fuel demand will increase in the world’s largest oil consumer.
December 14, 2010 - Copper Rises to Record in London Trading on Outlook for Stronger Growth - Copper rose to a record for a second day in London before a U.S. report that may signal growth in the world’s biggest economy as the Federal Reserve prepares to discuss interest rates and bond purchases.
December 14, 2010 - Cotton Advances by Limit as USDA Predicts Inventory Decline to 14-Year Low - Cotton futures in New York soared by the daily limit for a second day, advancing to a one-month high after a government report estimated U.S. inventories will drop to a 14-year low.
December 9, 2010 - Crude Oil Futures Edge Higher After U.S. Says Unemployment Claims Declined - Crude edged higher as a decline in U.S. jobless claims bolstered optimism the economic recovery in the world’s biggest oil-consuming country remains on track.
December 6, 2010 - Gold Futures Jump to Record $1,429.40 on Demand for Currency Alternative - Gold futures jumped to a record $1,429.40 an ounce on concern the U.S. will pump more cash into the economy and Europe’s debt woes will spread, boosting the appeal of the metal as an alternative to currencies.
December 6, 2010 - Copper Stockpiles Slumping Makes Metal a Favorite for Goldman - The biggest slump in copper inventories in six years is compounding shortages as prices head toward record highs, making the metal a top pick for Goldman Sachs Group Inc. and Morgan Stanley.
December 2, 2010 - Natural Gas Trading Slump Helps Boost Heating Oil Futures: Energy Markets - The natural gas market in New York is contracting as prices head for the first three-year drop on record, helping to expand trading in heating oil.
December 2, 2010 - Oil Rises to Two-Year High as ECB Delay, U.S. Home Data Signal More Demand - Crude rose to a two-year high after European Central Bank President Jean-Claude Trichet said the bank will delay its withdrawal of stimulus measures and pending sales of existing U.S. homes jumped by a record amount.
December 1, 2010 - Commodities Rise to Two-Week High on ‘Accelerating’ Economies - Commodities jumped to a two-week high as U.S. private-sector job growth and expanding Chinese and European manufacturing bolstered optimism in the global economy.
December 1, 2010 - Crude Rebounds from Biggest Decline in Two Weeks on U.S. Inventory Outlook - Oil rose, trimming the biggest decline in almost two weeks, on signs of accelerating growth in China and shrinking fuel inventories in the U.S.
November 29, 2010 - Crude Oil Trades Near 10-Day High on Cold Weather in Europe, Debt Measures - Oil traded at the highest price in two weeks on speculation cold weather in Europe will increase fuel demand.
November 26, 2010 - Oil Drops From Near a One-Week High on Concern Ireland Crisis May Spread - Oil fell from near a one-week high in London amid concern that Ireland’s debt crisis will spread to Portugal and Spain, limiting economic growth and diminishing fuel demand.
November 23, 2010 - Crude Pares Losses as Supply Decrease Forecast Tempers Europe Debt Concern - Oil pared losses in New York as a forecast that U.S. crude stockpiles dropped last week tempered concern that Europe’s debt crisis will hurt economic growth.
November 22, 2010 - Oil Has Biggest Weekly Decline in Three Months on China Bank Reserves Move - Oil rose, rebounding from its biggest weekly loss in three months, amid optimism that an agreement to rescue Ireland’s banks may reduce European sovereign-debt concerns.
November 19, 2010 - Commodities Fall as China Takes Steps to Curb Inflation; U.S. Stocks Climb - Commodities sank after China told banks to set aside more reserves in an effort to curb inflation, while the euro gained amid prospects for a financial rescue for Ireland. U.S. stocks advanced after Nike Inc. increased its dividend and earnings at technology companies topped estimates.
November 19, 2010 - Crude Oil Rises, Paring Weekly Loss, as Concern Eases Over Ireland's Debt - Oil rose, paring its biggest weekly loss in two months in New York, amid speculation a European Union-led bailout of Ireland may be enough to stabilize sovereign-debt concerns in the region.
November 18, 2010 - Copper Advances for a Second Day as Dollar Weakens on Irish Bailout Talks - Copper rose for a second day in London as the dollar weakened, spurring demand for commodities as an alternative investment, on the prospect of a European Union-led bailout for Ireland.
November 18, 2010 - Oil Rebounds From Four-Week Low After Surprise Drop in U.S. Crude Supplies - Oil rebounded from a four-week low as the growing prospect that Ireland will get a rescue bailout from the European Union stoked gains for stocks and commodities around the world.
November 16, 2010 - Commodities Cap Biggest Five-Day Slide Since 2009 as China May Slow Buying - Commodities capped the biggest five- session slide since July 2009 on concern that China will seek to slow its economic growth, curbing raw-material demand in the country that is leading the global recovery.
November 15, 2010 - Crude Oil Rises for First Time in Three Days After Japan's Economy Expands - Oil rebounded from its biggest decline in more than three weeks amid speculation that economic indicators from Japan and the U.S. will signal increasing demand for fuel.
November 12, 2010 - Cotton, Sugar, Copper, Commodities and Wheat fall on potential china rate hike
November 12, 2010 - Oil Falls the Most in Three Weeks on Speculation China May Increase Rates - Oil fell the most in more than three weeks on speculation China will raise interest rates, curbing demand growth in the world’s biggest energy-consuming country.
November 12, 2010 - Commodities Worldwide Slide on China Rate Rise Concern; Copper, Oil Drop - Commodities tumbled today, with copper falling from a record and oil slipping from a two-year high on speculation China may attempt to rein in inflation by raising interest rates, curbing demand in the biggest consumer of metals and energy. Cotton, zinc and soybeans also slid.
November 12, 2010 - Oil Falls From Two-Year High on Speculation China May Raise Interest Rates - Oil declined from a two-year high in New York on speculation China will raise interest rates, damping growth in the world’s biggest energy consumer.
November 12, 2010 - Asia Commodity Day Ahead: Raw Sugar Drops 9.6%, Most Since 2008, on Supply - A collection of the top stories on metals, commodities and shipping
November 10, 2010 - Gold Advances on Increased Investor Demand for Alternative to Currencies - Gold climbed in London on demand for an alternative investment to currencies. Silver and palladium advanced.
November 10, 2010 - Sugar Falls on Speculation Rally May Cut Into Demand; Robusta Coffee Drops - Sugar declined in London and New York on speculation high prices will curb sweetener demand.
November 10, 2010 - Copper Falls After Four-Day Advance on Lower Imports of Metal Into China - Copper fell in London for the first time in five days after imports of the metal into China, the world’s largest consumer, slumped for a second month.
November 10, 2010 - Crude Slips from Near Two-Year High; Goldman Expects Price Surge by 2012 - Oil declined from near a two-year high in New York before an Energy Department report that may show U.S. crude inventories increased last week.
November 9, 2010 - Gold Rises to Record on Concern European States Face Fundraising Hurdles - Gold advanced to a record in London as concern that some European governments may struggle to raise funds boosted demand for a protection of wealth. Silver reached a 30-year high of more than $28 an ounce.
November 8, 2010 - Oil Falls From Two-Year High in New York as Stronger Dollar Trims Demand - Crude oil declined from its highest level in more than two years in New York as the dollar strengthened against the euro, trimming demand for commodities.
November 5, 2010 - Oil Trades Near Two-Year High; Relative Strength Index Signals Reversal - Oil traded near its highest level in two years in New York as the dollar headed for a weekly decline against most major counterparts after the Federal Reserve’s decision to purchase more debt to boost the U.S. economy.
November 4, 2010 - Natural Gas Declines After Bigger-Than-Forecast Stockpile Gain in the U.S. - Natural gas futures declined in New York after a government report showed that U.S. inventories increased more than forecast last week, bringing stockpiles close to a record. Natural gas for December delivery fell 6.9 cents, or 1.8 percent, to $3.767 per million British thermal units
November 4, 2010 - Raw Sugar Advances to 29-Year High on Forecast Global Output to Decline - Raw-sugar prices jumped to a 29-year high on forecasts for lower global production after adverse weather damaged crops in Brazil, the world’s biggest producer.
November 4, 2010 - Oil Climbs to Six-Month High in New York as Dollar Tumbles on Fed Stimulus - Oil rose to the highest level in six months in New York as the dollar tumbled after the Federal Reserve expanded bond purchases to spur the economy in the U.S., the world’s biggest crude consumer.
November 4, 2010 - Copper Rises 50% in `Red Gold' Rush on China Doubling Usage - High school rugby coach Bob Markovich paid $3,812 for 250 shares of the Global X Copper Miners ETF in September. He got the idea from an investment club he advises for students, including his daughter Lydia.
November 4, 2010 - Oil Rises a Fourth Day After Fed Move Weakens Dollar, Fuel Supplies Drop - Oil rose to a six-month high in New York after the Federal Reserve said it will expand record measures to spur the economy in the U.S., the world’s biggest crude consumer.
November 3, 2010 - Oil Rises a Fourth Day After Fed Move Weakens Dollar, Fuel Supplies Drop - Oil climbed for a fourth day in New York, the longest rising streak since September, as the dollar traded near a nine-month low against the euro after the Federal Reserve said it will expand stimulus to spur the economy.
November 3, 2010 - Oil Rises to a Six-Month High on U.S. Stimulus Bets, Fuel Supply Forecast - Oil advanced to a six-month high on signs U.S. crude inventories are dropping and speculation stimulus measures by the Federal Reserve will weaken the dollar.
November 2, 2010 - Oil Rises to a Three-Week High on U.S. Stimulus Bets, Fuel Supply Forecast - Oil surged to its highest level in three weeks as the dollar weakened before a Federal Reserve meeting tomorrow which will probably signal a new round of unconventional monetary easing.
November 1, 2010 - Food Inflation Accelerating as Cooking Oil Poised to Catch Grains - Cooking oils, left behind in this year’s surge in agriculture prices, are poised to catch up with grains as record demand cuts stockpiles by the most in 17 years.
October 27, 2010 - Copper Drops as Dollar Climbs, Investors Sell After Rally to 27-Month High - Copper fell in London as the dollar strengthened and some investors sold the metal after a rally to the highest price in more than 27 months.
October 26, 2010 - Crude Oil Is Little Changed as Consumer Confidence Climbs, Dollar Rebounds - Oil traded above $82 a barrel in New York after confidence among U.S. consumers climbed in October from a seven-month low and the dollar rose against the euro, curbing investor demand for raw materials.
October 25, 2010 - Crude Oil Rises a Second Day as Dollar Weakens to 15-Year Low Against Yen - Oil gained for a second day as the dollar slumped to a 15-year low against the yen, drawing investors to use commodities priced in the U.S. currency as a hedge against inflation.
October 23, 2010 - Corn, Soybean Premiums Rise as Sales by Farmers Ebb After Futures Decline - Cash premiums for corn and soybeans shipped to export terminals near New Orleans this month rose relative to Chicago futures as U.S. farmers cut sales after prices fell and shipments rose to the highest level this year.
October 22, 2010 - Copper Gains on Bets Dollar to Resume Slump, Boosting Metals - Copper prices rose on speculation the dollar’s rally will stall, boosting demand for metals as alternative investments.
October 22, 2010 - Oil Rises on Increasing French Fuel Imports, Storm Threat in Mexican Gulf - Crude oil rose on speculation that growing French demand for imported fuel because of a strike will reduce stockpiles elsewhere and on concern that a tropical storm may strengthen and head toward Mexican oil fields.
October 22, 2010 - Crude Oil Rises in New York as Dollar Pares Gains; JPMorgan Predicts Rally - Oil advanced as the dollar gave up earlier gains, increasing the investment appeal of commodities, while analysts at JPMorgan Chase & Co. predicted a price rally as the U.S. currency weakens further.
October 21, 2010 - Soybeans Advance to 16-Month High on Speculation China Boosting Purchases - Soybeans climbed to the highest price in more than 16 months on speculation China, the world’s largest importer, may boost overseas purchases, and wheat rose after Japan said it bought from the U.S., Canada and Australia.
October 20, 2010 - Wheat, Corn Advance as Price Decline Attracts Global Investors, Importers - Corn rose for the first time in six days in Chicago and wheat headed for the biggest gain in eight sessions on speculation that a weaker dollar will boost demand from investors and importers for U.S. crops.
October 19, 2010 - Corn, Wheat, Soybeans Advance on Signs Import, Investor Demand May Expand - Corn futures advanced for the first time in five sessions and wheat and soybeans gained as recent declines may have made U.S. supplies more attractive to importers and investors, amid signs of stronger global demand.
October 19, 2010 - Coffee Advances Most in Six Weeks on Concern About Vietnamese Stockpile - Robusta coffee rose the most in almost six weeks in London on concern about stockpiles in Vietnam and production in Colombia. White sugar climbed.
October 19, 2010 - Oil Falls From Two-Week High as U.S. Crude Stockpiles Forecast to Increase - Oil dropped as traders bet that U.S. crude stockpiles swelled to their highest levels since June because of refinery maintenance and a slowdown in fuel demand.
October 18, 2010 - Corn Slides for Fourth Day as Speculators Pare Bets on Gains; Rice Climbs - Corn futures dropped for a fourth day as investors liquidated long positions, or bets that prices will rise, on speculation a stronger dollar will curb demand for inventories from the U.S., the biggest producer and shipper.
October 18, 2010 - Crude Trades Near One-Week Low Because of Outlook for Weaker Fuel Demand - Oil traded near its lowest level in more than a week in New York as the dollar strengthened while concern mounted that U.S. fuel demand is rebounding too slowly. Crude fell as the Dollar Index climbed for a second day, damping the appeal of commodities as an alternative investment. Work began on 3 percent fewer houses in September in the U.S., the world’s largest oil user, than a month earlier, economists estimated before a Commerce Department report tomorrow
October 15, 2010 - Soybeans Climb to 16-Month High On Expected Strong Demand for U.S. Crops - Soybeans rose to a 16-month high in Chicago before a U.S. government report that analysts said may show demand for the country’s crops remains strong. Corn and wheat gained.
October 14, 2010 - Oil Rises a Second Day on Forecasts of Increased Demand, Dollar's Decline - Crude climbed for a second day as growing speculation the Federal Reserve will bolster the U.S. economy stoked gains for commodities, while Saudi Arabia’s oil minister said demand is “very healthy.”
October 13, 2010 - Corn, Soybeans Advance for a Fifth Day, Wheat Rises as the Dollar Slumps - Corn and soybeans rose for a fifth day in Chicago and wheat gained as the dollar weakened, making U.S. supplies more attractive to importers and investors.
October 12, 2010 - Crude Oil Futures Decline in N.Y. Before OPEC Meeing as Dollar Strengthens - Crude dropped for a second day after Saudi Arabia signaled that OPEC may leave production targets unchanged and as the dollar strengthened, reducing the investment appeal of commodities.
October 12, 2010 - Corn Advances to Near a Two-Year High on Supply Concern; Soybeans Increase - Corn rose for a fourth day in Chicago, nearing a two-year high, on concern that demand will outpace supply as output is forecast to drop in the U.S., the biggest grower. Soybeans and rice also climbed.
October 12, 2010 - Rice May Surge 30% as U.S. Harvest Facing a `Serious Problem,' Group Says - The rice harvest in the U.S., the world’s fourth-largest exporter last year, may be at least 10 percent smaller than estimated, missing a forecast record output and pushing prices 30 percent higher, a producers’ group said. Futures advanced, erasing an earlier loss.
October 11. 2010 - Sugar Advances to Seven-Month High in London on Brazil Crop-Supply Concern - Sugar rose to the highest price in more than seven months in London on concern that adverse weather may limit supplies from Brazil, the world’s largest producer of the sweetener. Brazil will harvest 3.2 percent less sugar cane than previously estimated in the year that began May 1
October 11, 2010 - Corn Jumps to Two-Year High After Stocks Report; Soybeans, Wheat Advance - Corn rose to a two-year high in Chicago on signs of tighter supplies after the U.S. Department of Agriculture forecast smaller crops. Soybeans and wheat also gained.
October 11, 2010 - Crude Oil Futures Slip on Concern That Demand Recovery Is Not Fast Enough - Oil gave up earlier gains as the dollar strengthened and traders bet that demand isn’t recovering fast enough to justify this month’s increase.
October 9, 2010 - Oil Increases on Fed Speculation After U.S. Loses More Jobs Than Forecast - Crude oil climbed above $82 a barrel amid speculation the Federal Reserve will buy more debt to stimulate the economy after a government report showed the U.S. lost more jobs than forecast in September.
October 8, 2010 - Commodities Hit Two-Year High as Crop Outlooks Cut, U.S. May Buy More Debt - Commodity prices surged to the highest level in almost two years after the U.S. government cut its crop-supply forecasts and the dollar slumped on speculation the Federal Reserve will buy more debt to revive the economy.
October 8, 2010 - Crude Futures Fall, Head for Weekly Decline, Before U.S. Payroll Report - Oil declined as the dollar advanced against the euro, recovering from yesterday’s nine-month low, before a report today that may show unemployment in the U.S. increased last month.
October 7, 2010 - Oil Trades Near Five-Month High as Dollar Drops, U.S. Fuel Supplies Fall - Oil rose for a third day in New York as the dollar extended its decline against the yen and the euro, enhancing the investment appeal of commodities, and after a U.S. government report showed a drop in gasoline stockpiles.
October 6, 2010 - Copper Extends Gains in London Trading on Stimulus Outlook: LME Preview - Copper climbed for a second day in London on speculation the Federal Reserve will join the Bank of Japan in taking steps to stimulate economic growth, boosting demand for industrial metals.. Copper climbed $118.50, or 1.5 percent, to $8,294 a metric ton on the London Metal Exchange at 8:04 a.m. Relative Strength Index 75.
October 5, 2010 - Crude Oil Rises on Port Closures, Speculation of Growth in U.S. - Oil rose to trade near an eight-week high after the U.S. Federal Reserve Chairman said the central bank’s asset sales have boosted the economy, while disruptions at France’s biggest oil port continued.
October 1, 2010 - Copper Climbs to Two-Year High on Chinese Manufacturing, Weakening Dollar - Copper rose to a two-year high in London after a report showed that manufacturing accelerated in China, the world’s biggest consumer of the metal. Manufacturing expanded at the fastest pace in four months, a report from China’s logistics federation and statistics bureau showed
September 30, 2010 - Oil Heads for Biggest Monthly Gain Since February as U.S. Supplies Shrink - Crude oil rose, headed for the biggest monthly gain since February as shrinking inventories in the U.S. stoked speculation that demand may be recovering in the world’s largest consumer of the fuel.
September 30, 2010 - Corn Set for Best Quarterly Advance Since 2006 on Declining U.S. Supplies - Corn climbed for a second day in Chicago, heading for the biggest quarterly gain in almost four years, on speculation rising demand for ethanol and animal feed will crimp stocks in the U.S. December-delivery corn added 0.1 percent to $5.0575 a bushel on the Chicago Board of Trade at 12:57 p.m. Paris time
.September 29, 2010 - Cotton Costs in China, Pakistan to Climb on Indian Sales Delay, Olam Says - A delay in starting cotton exports from India, the second-biggest supplier, may lift spot prices in China, Bangladesh and Pakistan as buyers rush to secure supplies to meet immediate needs, according to Olam International Ltd.
September 28, 2010 - U.S. Gasoline Supplies Increase in Survey as Demand Falls: Energy Markets - U.S. gasoline inventories probably rose to the highest level in six months as demand slipped with the end of the summer driving season and economic growth slowed, a Bloomberg News survey showed.
September 28, 2010 - Crude Oil Declines as Dollar Rises, Forecasts of U.S. Stockpile Increase - Oil fell in New York, snapping four days of gains, as the dollar strengthened against the euro and analysts forecast an increase in U.S. gasoline supplies, signaling demand recovery in the largest crude user may falter.
September 27, 2010 - Sugar May Remain Near Seven-Month High on Tight Supply, LMC's Fry Says - Sugar will trade near a seven-month high as supplies from Brazil and India, the world’s biggest growers, stay tight, according to James Fry, chairman of U.K.- based commodity consultant LMC International Ltd.
September 27, 2010 - Crude Oil Trades Near Two-Week High as Equities Counter Demand Concern - Crude oil traded near its highest level in two weeks in New York as advancing equities countered concern that fuel inventories are excessive. Oil rose to a two-week high near $77 a barrel as stocks gained after data showed renewed equipment purchases by U.S. factories and businesses.
September 25, 2010 - Gold Climbs to $1,300 on Dollar Concern; Silver at 30-Year High - Gold futures rose to a record $1,300 an ounce in New York as investors sought a protection of wealth and an alternative to a weakening dollar. Bullion traded at an all-time in London and silver reached the highest price since 1980
September 24, 2010 - Wheat Advances on Concern Rainfall May Damage Canadian Harvest; Corn Gains - Wheat rose in Chicago, reducing the biggest weekly slide in almost four months, on concern that rain may damage crops in Canada and come too late in parts of Russia for successful planting.
September 23, 2010 - Crude Oil Falls as Increase in U.S. Supplies Spurs Concerns About Recovery - Oil fell in New York as the dollar recovered from its weakest level against the euro since April, while an increase in U.S. crude supplies reinforced concern that the recovery is not fast enough to whittle down excess supplies.
September 23, 2010 - Wheat Falls on Speculation Stocks to Suffice, Calling Rally Into Question - Wheat declined in Chicago on speculation that world stocks suffice to meet demand, calling the recent rally into question, and higher prices may spur users such as animal-feed makers to seek cheaper substitutes.
September 22, 2010 - Crude Oil Declines After Report Shows Unexpected Increase in Inventories - Crude declined for a second day after an Energy Department report showed that U.S. oil and gasoline inventories unexpectedly increased. Crude supplies rose 970,000 barrels to 358.3 million last week, 13 percent above the five-year average, the department said today.
September 22, 2010 - Crude Oil Rises as Asian Equities Climb on Signs of U.S. Economic Recovery - Oil rose in New York before a report forecast to show U.S. crude supplies dropped last week. Oil recovered some of yesterday’s 1.8 percent loss as the dollar fell to a six-week low, spurring demand for commodities.
September 20, 2010 - Speculators Least Bearish on 30-Year Treasury Since 2008 Financial Crisis - Hedge-fund managers and other large speculators are the least bearish on Treasury 30-year bonds since the height of the financial crisis in May 2008 as a faltering economic recovery shows few signs of inflation.
September 17, 2010 - Gold Gains to Record on Wealth Demand; Silver Near 30-Year High - Gold climbed to a record for a second day in London and New York as the dollar’s drop spurred demand from investors for wealth protection. Silver advanced to the highest price since March 2008.
September 15, 2010 - Yuan Climbs to Record as Gains Quicken Ahead of U.S. Committee Meetings - China’s yuan rose to the highest level since 1993 against the dollar on speculation the central bank will allow faster appreciation as inflation accelerates and foreign pressure mounts.
September 13, 2010 - Oil Rises For Second Day Amid Optimism Over Economic Growth in U.S., China - Crude advanced for a second day in New York on expectations fuel demand will climb in the U.S. and China, the world’s largest oil-consuming nations. Futures gained on forecasts that retail sales rose in the U.S. for a second month and a pipeline supplying the Midwest region remained closed. China’s oil refiners raised processing runs 7.2 percent in August from a year earlier. Goldman Sachs Group Inc. predicted crude prices will rise to a range of $85 to $95 a barrel for the rest of this year as inventories decline.
September 13, 2010 - Coffee Rally Peaking As Funds Pare Bets on Surplus Up 500% - The biggest rally in coffee in five years may be ending as the prospect of larger harvests spurs hedge funds to pare bets on higher prices, potentially cutting costs for J.M. Smucker Co., Kraft Foods Inc. and Starbucks Corp.
September 10, 2010 - Oil Rises After U.S. Jobless Claims Decline, China Crude Imports Increase - Oil climbed to near a three-week high as economic indicators from the U.S. and Asia restored confidence that the recovery will stimulate fuel demand. Oil was set for a 1.6 percent weekly increase as U.S. jobless claims fell, Japan boosted its estimate of economic growth, and China raised imports of crude. Prices gained after a leak prompted Enbridge Energy Partners LP shut a pipeline that can carry more than one-third of oil to the U.S. Midwest.
September 9, 2010 - Refiners Cut Oil Output in U.S. to April Low, Survey Shows: Energy Markets - U.S. refiners probably cut crude- processing rates to the lowest level since April as they began seasonal maintenance, a Bloomberg News survey showed. Refineries operated at 86.5 percent of capacity last week, down 0.5 percentage point from a week earlier, according to the median of 14 analyst estimates in the survey.
September 8, 2010 - Oil Contango Doubles in 2011 Recovery Betting With Frontline Ship Demand - Oil traders are showing increasing confidence that U.S. economic growth will rebound next year as they take advantage of the widening gap between current prices of crude and contracts for delivery six months from now.
September 7, 2010 - Crude Oil Falls for a Second Day on Speculation U.S. Fuel Demand Will Drop - Oil declined to a three-day low as falling equity markets reinforced doubts about the global economic recovery while the end of the U.S. summer peak consumption season signaled lower demand from refiners.
September 3, 2010 - Wheat Rises on Russian Export Ban, Mozambique Riots - Wheat rose in Chicago after Russia, the world’s third-largest grower, extended a ban on grain exports into next year, raising the prospect of higher food prices that already have sparked riots in Mozambique.
September 8, 2010 - Most Indian Stocks Advance; ACC Extends Gains After Cement Price Increase - Most Indian stocks rose as investors bought shares in companies most likely to benefit from the nation’s economic expansion. ACC Ltd., the nation’s largest cement maker, extended gains for a second day to its highest level in almost six months after prices of the building material were increased.
September 7, 2010 - Tata Steel Leads Gain in India's Sensitive Index to Highest in 2 1/2 Years - India’s benchmark stock index extended gains for a second day from the highest level in more than 2 1/2 years amid expectations domestic companies will benefit from spending aimed at bolstering the U.S. economy.
September 7, 2010 - India Raises Steel Sales Forecast as Automobile Demand Surges - India’s steel ministry raised its forecast for steel consumption on increased demand from carmakers and construction companies in Asia’s second-fastest growing major economy Steel consumption may increase 10 percent in the year ending March 31, G.K. Basak, executive secretary with the joint plant committee at the steel ministry, said in a phone interview today. The ministry had previously forecast a 9 percent increase in sales. Steel sales rose 9.7 percent in the five months through August.
September 6, 2010 - Direct tax collections up 14% in Apr-Aug - Direct tax collections shot up by 13.91 per cent to Rs 1,00,112 crore in the first five months of the 2010-11 financial year till August, the finance ministry said on Monday.
September 6, 2010 - Sensex Index Climbs to 2 1/2-Year High on GDP Outlook; Hindalco Advances - India’s benchmark stock index rose to its highest in 2 1/2 years after better-than-estimated growth in U.S. employment and manufacturing eased concern the global economy will falter, boosting the outlook for domestic companies.
September 3, 2010 - Copper in London May Pare Third Weekly Advance Before U.S. Payrolls Data - Copper, trading near a four-month high, may pare a third weekly advance ahead of a report that economists forecast will show employment in the U.S., the world’s second-biggest user, slowed in August. Shanghai copper headed for its best week in six.
September 2, 2010 - Deflation key to more easing: Fed's Plosser - The Federal Reserve should only embark upon further monetary easing if faced with a dangerous downward price spiral, otherwise it risks undermining its credibility, a top Fed official said on Wednesday. Philadelphia Federal Reserve Bank President Charles Plosser, who said he does not see a deflation risk at this time, warned that more monetary stimulus would not be effective in tackling a "difficult and unpleasant" unemployment problem.
September 2, 2010 - Brazil's Central Bank Keeps Rate at 10.75% as Inflation Slows Below Target - Brazil’s central bank kept its benchmark interest rate unchanged at 10.75 percent after inflation slowed below target and as the global economic recovery falters. The policy board’s pause, after three straight increases, matched the forecast of 46 of 57 economists surveyed by Bloomberg
August 31, 2010 - Lombard's Bhandari Says Indian Inflation `Major Threat': Video - Maya Bhandari, a senior economist at Lombard Street Research, talks about the expansion of the Indian economy and the threat of inflation.
August 29, 2010 - Floods, Drought Will Prevent Gains in China's Grain Production This Year - Natural disasters may block any increase in China’s grain production this year as the worst floods in a decade ruin crops.
August 27, 2010 - Crude Oil Heads for Third Weekly Decline on Concern Recovery Is Faltering - Crude oil rose, reversing earlier losses, as U.S. stock-index futures advanced before a speech from Federal Reserve Chairman Ben S. Bernanke that may set out new measures to stimulate the economy.
August 26, 2010 - China Inflation Data Second-Guessed as Housing Prices Rise - Lydia Wang, a 28-year-old marketing manager in Shanghai, gripes that the shoes and clothing she normally buys are at least 50 percent pricier than in 2009. Wu Sengyun, a 54-year-old retiree in the coastal city of Ningbo, Zhejiang, says prices of fruit and fish are up more than 20 percent in the past year. Officially, China’s consumer price inflation topped out at 3.3 percent in July compared to a year before, a 21-month high.
August 25, 2010 - Commodities Set to Advance, World Needs Higher Interest Rates, Rogers Says - China and other global economies should increase interest rates to contain a surge in inflation, said investor Jim Rogers, chairman of Rogers Holdings.
August 25, 2010 - Asia Stocks to Rally as India, Taiwan Inflation Peak, Credit Suisse Says - Inflation in Asian countries outside of Japan may be “close to peaking,” signaling possible gains for the region’s stocks over the next six months, according to Credit Suisse Group AG. A higher year-earlier base, falling rice prices, “flat” oil prices and strong regional currencies show acceleration in price increases will soon end, Credit Suisse analysts led by Sakthi Siva wrote in a report yesterday. Inflation has probably peaked in India, Singapore, South Korea, Taiwan, Thailand and the Philippines, according to the brokerage.
August 23, 2010 - Saudi Arabian Inflation Accelerates in July for Sixth Month on Food, Rent - Saudi Arabia’s inflation rate increased for a sixth month in July to 6 percent as the costs of food and rent rose in the Arab world’s biggest economy.
August 23, 2010 - Commodity Trends: Indices fall except Baltic Dry - Last week US jobless claims data increased concerns that US may be tipping back to into recession and The Reuters/Jefferies CRB Index of 19 raw materials dropped to the lowest level since July 29, while the dollar advanced. This resulted in weakness in gold , base metals and energy complex. The Baltic Dry Index, a measure of commodity shipping costs, had its biggest two-week gain in 14 months as Chinese iron ore buying extended a surge in charter rates for vessels that carry the steelmaking raw material.
August 22, 2010 - Inflation a problem but economy set to boom: RBA - Strong exports are set to push Australia's national income up by 10 per cent in 2010 while unemployment continues to fall, and inflation is set to become a problem over the next two years,
August 20, 2010 - Oil Trades Near 6-Week Low as U.S. Jobless Claims Prompt Recovery Concerns - Crude oil traded little changed near a six-week low after falling as increased U.S. jobless claims and a contraction in manufacturing added to concern the economic rebound in the world’s biggest oil-consuming country is slowing.
August 19, 2010 - Food Prices Continued to Support Commodities Prices in July - The IMF commodity price index went up 1.5% m-o-m in July mainly on the back of non-fuel markets and especially food, due to a severe drought in Eastern Europe that resulted in higher wheat prices. Industrial metal prices also recovered, but at a modest pace. Uncertainties on the health of the global economy continue weighing on commodity and financial markets.
August 14, 2010 - Crude Oil Drops to 1-Month Low After Retail Sales Fall Short of Estimates - Crude oil fell, capping its worst week in six, after sales at U.S. retailers rose less than forecast in July, a sign that economic growth is slowing. Oil dropped to a one-month low as a lack of jobs prompted Americans to hold back on spending, according to figures from the Commerce Department. U.S. gasoline inventories increased for a seventh week last week, the government said on Aug. 11.
August 11, 2010 - Euro Coal-European prompt coal into backwardation - Coal prices into Europe for delivery in the next two months dropped into backwardation on Tuesday as demand in Asia remained weak, while futures prices struggled to hold the $100 per metric tonne mark September coal into Europe was around $93.75 a tonne on Tuesday afternoon, half a dollar down on the day, while October delivery coal into Europe was slightly weaker at $93.50 a tonne.
August 11, 2010 - Commodity prices drop on signs recovery weakening - Industrial metals and energy pared their losses Tuesday after the Federal Reserve said it would buy government debt, signaling that it will act to support the economic recovery as needed. Gold prices settled lower before the statement, but shot up in after-hours trading.
August 11, 2010 - Euro Coal-European prompt coal into backwardation - Coal prices into Europe for delivery in the next two months dropped into backwardation on Tuesday as demand in Asia remained weak, while futures prices struggled to hold the $100 per metric tonne mark September coal into Europe was around $93.75 a tonne on Tuesday afternoon, half a dollar down on the day, while October delivery coal into Europe was slightly weaker at $93.50 a tonne.
August 11, 2010 - Commodity prices drop on signs recovery weakening - Industrial metals and energy pared their losses Tuesday after the Federal Reserve said it would buy government debt, signaling that it will act to support the economic recovery as needed. Gold prices settled lower before the statement, but shot up in after-hours trading.
August 10, 2010 - Wheat Falls for a Third Day on Speculation Rally Carried Prices Too High - Wheat futures declined for a third day on speculation that prices have risen more than justified on falling production in Russia because world stocks of the grain remain ample.
August 10, 2010 - Crude Declines on Signs of Slowing Fuel Demand in U.S., China - Oil fell in New York on signs that fuel demand in the U.S. and China, the two largest energy consumers, is faltering as the economic recovery slows.
August 7, 2010 - A yen for bonds in ‘upside down’ financial world - The financial world “seems upside down”, writes Michael Heise, chief economist at Allianz, in Wednesday’s FT, noting that the spectre of inflation haunts countless TV and radio debates while gold and other precious metals are the flavour of the moment – and yet, he adds at the same time, yields on the main bond markets seem to be falling into an abyss, as if inflation had been nailed into its coffin for the foreseeable future. Yields on German government bonds have been flirting with all-time lows in early summer, and US long-term interest rates are still hovering at an exceptionally low level.
August 7, 2010 - And now, the main event -- inflation vs. deflation - Federal Reserve Bank of St. Louis President James Bullard shot a warning over the bovine bow last week, saying the U.S. is at risk of falling into a Japan-like deflationary trap
August 7, 2010 - Soybeans Rise as China Boosts Imports From U.S.; Corn Rallies on Dry Spell - Soybeans rose, capping the longest rally since 2007, as increased demand from China threatened to erode stockpiles in the U.S., the largest exporter. Corn also gained as hot, dry weather may limit U.S. crop yields.
August 7, 2010 - Sugar Has Biggest Price Drop Since May as Indian Supply Outlook Improves - Raw-sugar futures declined, capping the biggest weekly drop since late May, on concern that India, the world’s second-biggest producer, may boost exports as rain aids its cane crop. India may be able to export about 1 million metric tons in the year starting in October, Macquarie Group Ltd. said in a report.
August 6, 2010 - Drought Sends Ruble Forwards to Three-Month High on Inflation - Russia’s drought is sending forward contracts on the ruble to the strongest level in three months on speculation the central bank will allow the currency to appreciate to help combat rising food prices.
August 5, 2010 - Oil Futures Contango Collapses as Cushing Inventories Swell: Energy Market - Record oil stockpiles in the U.S. Midwest are reducing the premium traders will pay for later deliveries amid signs that fuel demand may be ebbing as the pace of the economic recovery slows.
August 5, 2010 - China's iron ore, steel trends hit markets - Rising domestic iron ore production and slowing steel demand have hit some foreign miners and affected the global market, industry leaders said on Tuesday. China's iron ore imports dropped for the third straight month to 47.2 million tons in June, while spot prices have dropped to about $122 per ton after peaking at $185 per ton in April.
August 5, 2010 - Copper at 3-week high on buying, lower inventories - Copper rose to a three-week high on Wednesday due to strong physical and Chinese buying and falling inventories, but gains were capped by uncertainty over economic growth. Benchmark copper for three-month delivery on the LME traded at $6,790 a tonne from $6,637 at the close on Tuesday and compared with a session high at $6,830.
August 5, 2010 - Rubber Gains to Five-Week High as U.S. Jobs Data Spurs Demand - Rubber advanced to a five-week high as better-than-expected U.S. employment data spurred optimism in an economic recovery, boosting demand for the commodity. Futures in Tokyo climbed as much as 3 percent to the highest level since June 28 after U.S. reports showed service industries and payrolls rose more than forecast in July. Prices also gained as Asian stocks rose toward a three-month high, boosting investor appetite for riskier assets.
Disclaimer
The contents of this presentation contain statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements may include financial and other projections, as well as statements regarding future economic events, or the assumptions underlying any of the foregoing. Forward-looking information involves significant risks, assumptions, uncertainties and other factors that may cause actual future results or anticipated events to differ materially from those expressed or implied in any forward-looking statements and accordingly, should not be read as guarantees of future performance or results.
Actual results, performance or achievement could differ materially from those expressed in, or implied by, any forward-looking statements made and, accordingly, viewers should not place undue reliance on any such forward-looking statements. New factors emerge from time to time, and it is not possible for anyone to predict all of such factors and to assess in advance the impact of each such factor on any of the financial or commodity markets.
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