US non-farm payrolls slid in softer than expected, but could support the dollar moving forward. For the week, metals posted moderate gains.
Articles Tagged "price"
Gas – Bloomberg reports that natural gas futures continued their slide for a second day in New York, spurred on by mild U.S. weather and lower heating demand.
Tellurium – A brief overview of tellurium price developments, supply and demand and significant market movers.
Coal – Mineweb reported that news that BHP Billiton (NYSE:BHP,ASX:BHP,LSE:BLT) plans to cut coking coal prices for Japanese steelmakers by 24 percent from October to December has not been confirmed as BHP opted not to comment.
Expectations of Chinese stimulus and renewed hopes that the ECB will buy bonds are keeping base metal demand strong. But oil is faltering on profit-taking even as supply remains tight.
Strong US jobs data has given a much-needed boost to commodity prices across the board, despite continued worries about Europe's economic outlook.
Iron – The price of iron ore has made a 26 percent gain over since hitting a low in late October. However many are cautious that the gains will be short lived because of the soft demand for steel.
Silver – Concerns over the state of the European economy are prompting investors to seek liquidity and move away from precious metals like silver.
Potash – Legislation passed on Thursday by the Canadian Federal Government will dissolve the Canadian Wheat Board.
Nickel – Is there a connection between nickel's price movements and the developments in the copper market? Nickel Investing News asked Wayne Atwell, Managing Director and Senior Metals Analyst for Rodman & Renshaw.