They are intimidating to upend the most substantial bull run in 11 financial years as investors set their expectations for sustained earnings recovery. The sharp rally in commodity prices, triggered by enthusiasm about a global economic recovery, could seriously depress India’s corporate earnings in the upcoming quarters and make current stock valuations look increased, analysts …
Archie Hunter, Base Metals Editor at Fastmarkets, stated purchasing in copper on-demand pick-up expectations. In an interview with CNBC-TV18, he said that we had China markets come back last week and noticed an enormous thirst for purchasing futures based on what we perceive as low stocks and expectations that demand will pick up. Demand for …
Wheat prices collapsed this month among profit-taking, but the decline is estimated short-term, based on fundamentals and the result from the winter weather. Could the wheat market reach the $7 point in the first quarter? The March futures surged $0.1325, or 2.08%, to $6.50 per bushel at 14:19 GMT on Tuesday on the Chicago Board …
Metals were more vital after yesterday’s unexpected inflation data in the United States. While the title Consumer Price Index increased by 0.3% in January, as was exacted, the underline CPI was low, whereas analysts had foretold a 0.2% gain. The flat inflation reading implies that the US economy needs an extra boost to improve the …
Metals Increase Throughout Thursday`S Quiet Trading Read More »
A lower dollar added to the crop’s substantial rally. Without a meaningful injection of new supply, how much larger can soybean prices go this year? March soybean futures rose $0.185, or 1.33%, to $14.0625 per bushel at 14:12 GMT on Tuesday on the Chicago Board of Trade (CBoT). Soybean prices flatted last week, but they …
Soybean Surpasses $14 Within Bullish Usda Report Read More »
The oil rally was principally a result of the positive market sentiment created by the outlook for fiscal stimulus in the United States and reports regarding covid-19 vaccines’ effectiveness. The optimism damaged the dollar, supporting commodities priced in the US currency. But it seems like the optimism has been declining as traders have been shifting …
Gold prices also served from the harsh tone in the wider financial markets amid a bitter January jobs report. With inflation matters likely to control gold prices for the next couple of weeks, could the yellow metal retest $1,850? April gold futures rose $16.30, or 0.91%, to $1,807.50 an ounce at 15:14 GMT on Friday …
Natural gas prices caught a breather on Wednesday after a meteoric rise earlier in the week. Now that the weekly inventory data is out of the way, investors could be focusing on the weather again. Especially with Arctic temperatures assumed to blanket North America and Europe for the following 14 days. Could this be the …
Natural Gas Posted Modest Gains Matching Estimates Read More »
March silver futures pinned $2.921, or 10.85%, to $29.835 per ounce at 12:53 GMT on Monday on the New York Mercantile Exchange’s COMEX division. The white metal had sold as high as $30.35 before trimming some of its massive profits. Silver is coming off a weekly gain of approximately 6% and a monthly weight of …
If you are lured by the world of finances and interested in starting your career in the financial sector, the question like what is a trader, what does a trader do, how to be a trader might have crossed your mind. Today, we are here to answer your questions. What is a Trader? The word …
What Does a Trader Do? – Forex Trading Lifestyle Read More »
The primary forces working in the world of commodity trading are, of course, commodity traders. Different traders can vary by different practices and by which materials they deal with. These materials can be gold, silver, oil, lumber, wheat, corn, cattle, meat, basically any valuable raw materials you could think of. The traders usually deal with …
Commodities such as oil, natural gas, gold, and others play a very important role in daily life. Let’s define the meaning of commodity; it is a raw material or agricultural products in commerce that is interchangeable with other commodities. This article will help to learn more about commodity markets and exchanges. It is important to …
People interested in commodity trading should learn more about the major commodities. It is important to have at least a general understanding of main commodities such as gold, silver natural gas, etc. As a reminder, a commodity is a raw material or agricultural products in commerce that is interchangeable with other commodities. Generally, commodities are …
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