Please try another search
Despite reported increases in oil, gas, and zinc output, the outlook for mining group Vedanta Resources’ copper and iron operations remains pessimistic. As part of its second quarter results,...
We recently speculated what the impact of a Fed surcharge on merchant banks might do to both LME aluminum inventory levels, not to mention MW premiums and even aluminum prices for that matter. This is...
THE DEBT CEILING SUPERCEDED AND REPLACED Simple, easily available data on US debt shows the US actually hit its debt ceiling – if we call it $16.7 trillion – back in May 2013, at least...
Crude: It’s nice to be up early to watch the charts and see what numbers really mean. We broke through the 10000 level without much fanfare in the CLX3, but we’re also ready to move on to...
MCX Natural Gas October as seen in the weekly chart above has opened the week at 232.50 levels initially moved sharply higher, but has found very good resistance at 238.90 levels.Later prices fell...
MCX Crude November as seen in the weekly chart above has opened the week at 6270 levels initially moved sharply higher but has found very good resistance at 6386 levels.Later prices fell sharply...
MCX Silver December as seen in the weekly chart above has opened the week at 46,788 levels initially moved sharply higher and as expected found very good resistance at 47,983 levels.Later prices fell...
Despite the government shutdown, plunging grain prices, and negative sentiment of a farm bill actually getting passed, the rural economy strengthened this past month. The Rural Mainstreet Index (RMI)...
The US avoided being sent over the cliff by a last-minute agreement in Washington but the half-baked solution has only postponed and not solved the twin budgetary and debt ceiling problems. Global...
Crude oil futures traded in a tight range early Monday as investors gear up for a deluge of industrial and economic data from the U.S. that was delay due to the government shutdown.Light, sweet, Crude...
Gold held steady above $1,300 an ounce Monday as the debt fiesta in Washington was postponed and the weaker dollar kept the door opened for further gains amid growing stimulus bets by the Federal...
CLCrude Oil advanced after economic growth accelerated in China, the world’s largest oil-importing country, and on speculation the U.S. will maintain economic stimulus. “The market is...
Attendees of our recent commodity conference in Chicago have heard about the growing surplus in the copper market. Discerning true demand levels for a commodity that has such a high financial role is...
Corn retested 446/447 and topped almost exactly here. Now below 442 and testing 440/439 but we are in a bear trend so failure would not be a huge surprise and risks a move to 435. If we continue lower...
WTI Crude beat 101.06/12 to hit 101.60/70 where a high for the day was seen as predicted. We topped exactly here and are now hovering below resistance at 101.10/20. Watch support at 100.60/50 as a...