Archive | August, 2005

Be ready when funds chase commodities

By Elton Robinson – Big changes in the commodity markets over the last 40 years have made marketing a lot more challenging for the average Joe. But there are opportunities for producers who can stay on top of things, according to Carroll Brunthaver, accounts trader for Refco in Memphis, Tenn. Brunthaver has been in the […]

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Crude awakening

By Kevin G. DeMarrais – NEW YORK – At 9:59:59 a.m., all is calm, except for cigarette smokers rushing in from what could be their last break until midafternoon. A second later, as the digital clock reaches 10:00:00, the floor of the New York Mercantile Exchange explodes into organized chaos, with traders in a rainbow […]

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Report says Cattle and Beef hit hardest

WASHINGTON — Cattle and beef have been the species most dramatically impacted by disease outbreaks and related trade restrictions, concludes a new report from USDA’s Economic Research Service. The report further says 2005 U.S. animal-products trade will reflect expected market responses given the uncertainties surrounding cattle and beef markets in the United States. (more…)

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China Unveils Major Currencies in Yuan Basket

China steps up the pace of its effort to liberalise its currency regime, by allowing more currency trading and unveiling the composition of the currency basket for yuan. It is allowing more financial institutions and companies to trade foreign currencies in the spot market, introducing renminbi forward contracts and swaps into the onshore interbank market, […]

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Why Discuss the Weather When You Can Trade on It?

By Elizabeth Peek – What do Campbell Soup, the Good Humor man, Aspen Ski Company, and Rye Playland have in common? Give up? The answer is that the managements of each of these outfits have no control over the most important variable affecting their businesses – the weather. Nowadays, however, there is a growing family […]

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My nuclear reaction: consider uranium stocks

by Scott Baker – Many investors follow the ups and downs of oil prices, gold prices, even steel prices, but chances are there’s one key industrial commodity you never think about. I’m referring to uranium. You rarely hear its price quoted, and other than the occasional article about the problems of getting rid of the […]

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Platinum price to consolidate in 2005

Johnson Matthey publishes Platinum 2005 – review of Platinum Markets Improved jewellery and auto demand unlikely to lift Palladium price as excess supply continues. The platinum market was more or less in balance last year and will remain so in 2005, according to Johnson Matthey (JM) in “Platinum 2005”, published today. With demand and supply […]

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Delighting in Energy Poverty

By Tim Wood – MIAMI (ResourceInvestor.com) — Paul Mobbs has written an earnest pamphlet-cum-text book that successfully commingles Peak Oil, climate change, thermodynamic absolutes, and a lot of half-baked politics. Don’t get us wrong. Energy Beyond Oil belongs on serious reading lists, though its “100% post-consumer recycled paper” won’t wear well if you share the […]

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Derivatives Conference attracts renowned economists, financial analysts and risk managers

Names like Paul Krugman, Kenneth Rogoff, John Hull, Philippe Jorion, and Emanuel Derman, among other important professionals from the areas of economics, finance and risk analysis, have confirmed their presence at the II International Derivatives and Financial Market Conference, which will be held between the 24th and 27th of August 2005 in Campos do Jordão, […]

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Commodity market watch

By Brian Hoops – The great debate: technicals vs. fundamentals What really determines price direction for the markets, fundamentals or technicals? When commodity futures markets were first developed, fundamentals seemed to be the primary component behind price discovery, with supply and demand controlling the underlying price mechanism. Even today, the market widely anticipates both public […]

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