Commodity stocks dive on rate fears

Anthony Tran and Gladys Tang With Chinese inflation rising at the fastest pace in seven years, commodity stock prices began to fall sharply yesterday amid concerns that Beijing would take measures to seriously slow down the economy. Investors are increasingly worried that if China – now the world’s largest consumer of many raw materials – […]

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The Threat of Rising Interest Rates

By: Gary North, Mises on Money Gold is down. Stocks are down. Bonds are down. What’s going on here? Worries about interest rates are blamed by most commentators. But why should worries over interest rates push all three markets lower? These markets are usually thought to move independently or even conversely to each other. What […]

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CFTC Proposes Changes To Trade Reporting Rules

The Commodity Futures Trading Commission is proposing to raise the reporting levels at which futures commission merchants, clearing members and foreign brokers must file large-trader reports in certain commodities. In addition, the CFTC is proposing changes in the way certain new products, such as exchanges of futures for swaps, and how should be reported under […]

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Banker rejects inflation analysis

By Andrew Balls in Washington Anthony Santomero, the president of the Federal Reserve Bank of Philadelphia, yesterday rejected warnings that rising commodity prices were a significant threat to US inflation, while inflation expectations in the US remained controlled. “For commodity prices to increase the rate of inflation on asustained basis, they would have to rise […]

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Ethanol achieves commodity status

Once considered an expensive, experimental additive to make gasoline burn cleaner and more efficiently, it has become a staple like soybeans, eggs and pork bellies. So much so, that the New York Board of Trade introduced a futures contract for sugar-derived ethanol Friday and will introduce an options contract today. The Chicago Board of Trade […]

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