Tag: CRB
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New Buying in Commodities as the USD Sinks
As the USD sinks, equities in most of the European stock markets fell in the past five days partially responding to a poor factory orders in Germany and also due to lower inflationary indices on the common currency area. The ECB once more came up saying that it will fight against the excessively low price…
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The Brazilian Real Could Break R$ 4.00 Again
Janet Yellen composed her words in a more dovish tone to counterbalance the previous hawkish comments from some FED officials and a new sell off on the US dollar took the currency to a new low on the following sessions. On Friday the nonfarm payroll increased more than expected and the 0.1% higher labor force…
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Dollar Falls and Attracts Buying in Commodities
The FOMC signaled a slower pace of normalization saying that interest rates will be hiked two times instead of the previous announced four times adjustment. While it seemed that the marketplace had priced fewer increases the reaction of the USD proved the contrary with the Dollar Index sharply falling to test the levels seen in…
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Crowded Trade on the Euro
Weekly Coffee Perspective The marketplace has priced a FED lift off at the end of the FOMC meeting on December 16th, with the bets being bolder after the strong job creation number in November and the higher revision for the October data. In fact some analysts believe that the dollar has already accounted for two…
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Weekly Coffee Perspective
BLAME THE DOLLAR AGAIN The US non-farm payroll data released on Friday beat all expectations with the creation of 271k posts during the month of October, taking the unemployment rate to 5%. Growth wage, smaller part-time workers and smaller under-unemployment figures have set the stage for the FOMC to increase interest rates on the December…