Mon Mar 8, 2010 15:00 GMT |
Last week on Business Monitor Online I suggested that commodities looked poised for further gains as the US dollar weakened slightly and equity markets pushed higher. Two charts in particular point to additional upside for commodities. The first is the Baltic Dry Index, which has pushed above resistance in recent trading. Indeed, the Index seems… [Read more]
Tags: Baltic Dry, bounce, Commodities, CRB, speculative positions
Posted in: Commodities, General
Fri Jul 10, 2009 16:53 GMT |
Commodity markets have been posting losses for several days now, with the CRB Index declining for most part of this week. The index declined from approximately 250, to a low of 231 yesterday, before bouncing slightly to 233. Weighing down on the CRB has been oil, (which has approximately a 30% weighting in the index)…. [Read more]
Tags: Commodities, CRB, metals, oil, wheat
Posted in: Africa, Asia, China, Commodities, Emerging Europe, Latin America, Middle East