Oil – Bloomberg reported that oil saw a second day of declines as the dollar's strength against the euro increased and weaker earnings reports brought equities down.
Articles Tagged "dollar"
Copper – Reuters reported that copper prices climbed during Monday's trading session. However, a rebounding euro, a weak dollar and more confirmation of China's contracting manufacturing sectors, along with growing debt concerns from Spain held the reigns on the red metal's price gains.
Coal – Reuters reported the rise in profitability of European coal for power generation due to the Euro's gains against the dollar since the ECB bond plan to benefit troubled Euro zone members.
Gold – Bloomberg reported the fall of gold due to speculation that the Federal Reserve may ease stimulus measures, while the strenghtening of the dollar thrawted investment int he metal.
Gold – Changes to the European Financial Stability Facility could mean a loss in value of the Euro currency in relation to gold and other precious metals.
Oil – Reuters reports the International Energy Agency (IEA) will announce the results of its 30-day review of an emergency reserves release.
Gold – Since the news on Sunday of Osama bin Laden’s death, many commodities, especially precious metals, has been marked by high volatility. Will the killing of bin Laden have long term effects on the US and World economies?
Silver – A major factor influencing rising investment demand in precious metals often referenced by analysts is the quantitative easing measures employed by The Federal Reserve in an attempt to bolster the US economy. One of the effects of the Fed’s paper-printing policies is the debasing of the US dollar, which makes gold and silver attractive safe-haven buys. A reversal in that policy could have a dire impact on silver prices.
Gold – The strengthening of the dollar and rumors of China tightening monetary policy has pushed gold prices down. Some see this as a beginning of a correction for a ‘bubble’ in the gold market, yet many analysts see a continuing positive climate for gold.
Copper – Copper, commonly called an economic “bellwether” due to its many uses in industry and commerce, has not escaped the eye of the informed investor. Often overlooked in favor of gold, silver and other precious metals, copper prices have soared since hitting the recessionary bottom in late 2008.