Archive | November, 2005

Energy Report

Crude Oil continued to show signs of weakness this week even while faced with news of the first inventory drawdown in over a month from the EIA report released Wednesday. (more…)

Continue Reading 0

Record Run Continues for Commodity Markets

BMO’s Commodity Price Index has more than doubled since 2002 TORONTO, Nov. 17 /CNW/ – Increases in Oil & Gas, Agriculture, and Metals & Minerals generated yet another record-breaking month for the BMO Financial Group Commodity Price Index in October, with the overall index gaining 2.8 per cent to 216.3 (1993 (equal sign) 100). (more…)

Continue Reading 0

Merrill’s new venture is worth the punt

By Heather Connon – Two of the best-performing investment sectors over the last five years or so have been commodities and income funds. Now Merrill Lynch has decided to combine the two with the launch of a commodity investment trust which will provide a decent income. The Merrill Lynch Commodities Income Investment Trust is seeking […]

Continue Reading 0

Short sell your house

CME to launch housing index futures in the first half of 2006: exchange officials expect great response but not everyone in the industry is so optimistic. The Chicago Mercantile Exchange (NYSE, NASDAQ: CME), the world’s largest financial exchange, has announced its plans to list housing futures and options, based on the Case-Shiller Indexes® (CSIs) of […]

Continue Reading 1

Energy Review and Outlook

Crude Oil finally broke resistance at 58.30 this past week and has begun its march lower. The next level of support shows up at 56.34 and should be tested ahead of the next EIA inventory report on Wednesday. We are currently holding… (more…)

Continue Reading 0

Platinum at 25-year high

by Justin Brown – Spot platinum on Thursday established a fresh 25-year high of $958 a troy ounce on continued fund buying of the metal, while sister metal palladium climbed to a 17-month high of $242.50/oz as the commodity played catch up with platinum, traders said. At 1.30pm, platinum was quoted at $957.50/oz, up $6/oz […]

Continue Reading 0

Energy Review

Crude Oil found itself range bound once again last week, trading between 58.75 and 62.15. The EIA report that was released on Wednesday reflected a stronger than expected build in Crude and Unleaded and even showed a lesser than anticipated draw on the Distillates (Heating Oil and Diesel)… (more…)

Continue Reading 0

New Prairie Grass Varieties Boost Gains

WASHINGTON – Nov 8/05 – SNS — USDA researchers say two new varieties of big bluestem prairie grass could boost beef cattle weight gains by as much as 50 pounds per head. The beef weight gains come from grazing trials in eastern Nebraska that compared the new releases–named “Bonanza” and “Goldmine”–to the Pawnee and Kaw […]

Continue Reading 0