Commodity Prices | Forex Trading


Archive for March, 2008

FX - Tip of the Week

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Refined copper market swung into deficit in 2007 - ICSG

Metal Bulletin, 12:54 28-Mar-2008
London — The refined copper market was in a 40,000-tonne deficit in 2007 compared with a surplus of 290,000 tonnes a year earlier, according to the March report by the International Copper Study Group (ICSG).
The deficit of some 300,000 tonnes in the first half of last year was mostly offset by a [...]

Commodity Prices - March 28, 2008

Gold N.Y. Spot $ 0932.5
Silver N.Y. Spot $ 17.9
Lead LME Cash $ 1.3027
Copper LME Cash $ 3.8715
Zinc LME Cash $ 1.0546
Nickel LME Spot $ 14.12
Aluminum LME Spot $ 1.3340
Platinum N.Y. Spot [...]

Commodity Prices - March 26, 2008

Gold N.Y. Spot $ 0946.80
Silver N.Y. Spot $ 18.05
Lead LME Cash $ 1.2358
Copper LME Cash $ 3.7444
Zinc LME Cash $ 1.0387
Nickel LME Spot $ 13.17
Aluminum LME Spot $ 1.2973
Platinum N.Y. Spot [...]

Time To Leave The Party? (Commodities Corner)

Barron’s 24-Mar-2008
By Andrea Hotter
It’s official. Commodity prices are no longer a safe one-way bet. Their resilience is waning as risk aversion takes the driver’s seat. Their saving grace? Investors are saying they’re still reluctant to be caught short.
Commodities prices have been in a tailspin as market participants began adopting the view that a fire sale [...]

Commodity Prices - March 24, 2008

Gold N.Y. Spot $ 0921.80
Silver N.Y. Spot $ 17.09
Lead LME Cash $ 1.1998
Copper LME Cash $ 3.5326
Zinc LME Cash $ 1.0247
Nickel LME Spot $ 12.83
Aluminum LME Spot $ 1.2524
Platinum N.Y. Spot [...]

Commodity Prices Plunge, End Week With Biggest Drop Since 1956

Bloomberg, 16:56 (New York) 20-Mar-2008
By Claudia Carpenter and Millie Munshi
March 20 (Bloomberg) — Commodities plunged, capping the biggest weekly drop in five decades, on speculation that slower global growth will curb demand for energy, metals and grains.
The Reuters/Jefferies CRB Index of 19 commodities tumbled 8.3 percent this week, marking the steepest drop since at least [...]

Europe continues slump as gold prices drop

Gold futures were down $24 an ounce on Thursday after the $59 tumble on Wednesday. Oil futures briefly fell beneath the $100 a-barrel level for the first time in three weeks.
Oil is under pressure as demand appears to be slowing. Some serious volatility in the markets.
How does all this relate to the Forex and [...]

FX - Tip of the Week

Over-cautious trading - Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail Forex broker is destined for losses. Give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade [...]

Commodity Prices - March 19, 2008

Gold N.Y. Spot $ 957.80
Silver N.Y. Spot $ 18.80
Lead LME Cash $ 1.2789
Copper LME Cash $ 3.7240
Zinc LME Cash $ 1.0841
Nickel LME Spot $ 13.43
Aluminum LME Spot $ 1.2977
Platinum N.Y. Spot [...]