commodities Archive

7 underlying issues causing problems for commodities

Source photo Fanfares of trumpets do not announce turning points in securities markets. Since mid-year, financial markets have been volatile. Moves of plus or minus 1% to 2% a day and even larger intraday moves have been common. Equity markets have lost around $10 trillion in value, equivalent to around 15% of global gross domestic [&hellip

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Glencore shares jump as Europe gets commodities boost

Source photo European shares climbed higher on Monday, with a surge in Glencore lifting the mining sector and firmer oil prices giving energy stocks a boost. The pan-European FTSEurofirst 300 index rose 1.7 percent while the euro zone’s blue-chip Euro STOXX 50 index also advanced 1.6 percent. German potash producer K+S slumped, however, after Potash [&hellip

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Commodity prices just slumped to their lowest level since 1999

Commodity prices just slumped to their lowest level since the end of the 20th century, according to a widely-used Bloomberg index. The index is made up of 22 major traded commodities and has been sliding recently, but the chaos in Asian markets hit prices particularly hard on Monday. Read More

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