Archive | June, 2005

Mad Cow case doesn’t faze beef futures

By Dave Carpenter – The beef futures market reacted calmly Monday to the second case of mad cow disease in the United States, but some investor concern surfaced with a 3 percent decline in the shares of Tyson Foods, the largest U.S. beef packer. On the first day of regular trading since the Department of […]

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Chinese Companies to Hedge Transactions at BM&F

Chinese state-run companies were authorized by the China Securities Regulatory Commission to have hedge transactions at the Brazilian Mercantile & Futures Exchange, given they report to CSRC for record, through member brokerage houses. BM&F also signed a Memorandum of Understanding with the Zhengzhou Commodity Exchange (ZCE). The authorization coincided with the first official Chinese futures […]

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Supply, Demand Critical In Commodity Investment

HONG KONG, June 23 /Xinhua-PRNewswire-AsiaNet/ — Investors should not automatically assume China has an insatiable appetite for commodity imports, according to Standard Bank, lead sponsor of Commodity Investment World Asia 2005. “China is one of the most efficient commodity producers in the world and its growing influence in the commodity market cuts both ways,” stressed […]

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Hedge Funds Are Growing: Is This Good or Bad?

When the ratings agencies downgraded General Motors debt to junk status in early May, a chill shot through the $1 trillion hedge fund industry. How many of these secretive investment pools for the rich and sophisticated would be caught on the wrong side of a GM bond bet? Could trouble with hedge funds ripple through […]

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In Defense of Hedge Funds

By Jonathan Hoenig – IT’S BOTH AMAZING AND a little bit bizarre that the same mainstream media that told folks to stick it out for the long haul while the market melted in 2000 and 2001 are now writing smear pieces about hedge funds simply because they’re not minting money this year. Indeed, we’re now […]

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Oil’s record surge keeps all guessing

By Deepa Babington – NEW YORK – Few saw record high oil prices coming. Even fewer thought they would stay. Now the question befuddling the energy industry is whether US$59 a barrel oil is near the top of a multiyear run or the bottom of an even steeper rise. Over the past year, rocketing demand […]

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Commodity regulators want McGraw-Hill data

WASHINGTON — The Commodity Futures Trading Commission is seeking to compel McGraw-Hill Cos. to turn over data that one of its publications collected from a natural gas company being investigated by the agency. The agency, which has been stymied for two years by McGraw-Hill in a separate case, asked the U.S. District Court for the […]

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The Future of the Dollar

By Clyde Harrison – CHICAGO (ResourceInvestor.com) — Leo Malamed is known as the Father of the derivatives market. I started in the investment business in 1968, so I was around when the baby was born. In 1968, the Mercantile Exchange wasn’t well known as they only traded eggs and pork bellies. The Exchange being made […]

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