Commodities

Dollar cancels commodity rise | Otago Daily Times Online News

New Zealand commodity prices fell in New Zealand dollar terms last week, as the dollar rose, the ASB Commodities Weekly showed. ASB senior rural economist Nathan Penny said the dollar lifted 1.5% against the US dollar, more than cancelling out the small 0.2% lift in commodity prices in US dollar terms. Higher meat and forest product prices outweighed a fall ...

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Gary Cohn Is Giving Goldman Sachs Everything It Ever Wanted From the Trump Administration

Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s improbable victory, and Cohn, then still the president of Goldman Sachs, was at Trump Tower presumably at the invitation of Kushner, ...

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Commodities Technical Analysis, September 18th – September 22nd, 2017

Gold prices settled lower last week as traders reacted to the ECB and Federal Reserve monetary tightening policy which decreased the demand for gold. Oil prices closed the previous week higher after the IEA report which signaled higher demand this year. The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of September 17th, ...

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Beijing closes largest small commodities market

Beijing on Saturday closed its largest small commodities market. The Tianyi wholesale and retail market had been in operation for nearly 25 years and under pressure from e-commerce in recent years. It had two outlets, with one near Di’anmen being closed in late 2015. The Fuchengmen market with a floor area of more than 40,000 square meters has now also ...

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Somewhat Positive Press Coverage Somewhat Unlikely to Affect BlackRock Resources and Commodities (BCX) Share Price

Media headlines about BlackRock Resources and Commodities (NYSE:BCX) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the ...

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Montana wildfires: Rain and snow help but won’t end season – KULR8.com | Montana’s News Leader

HELENA, Mont. (AP) – Extra sleeping bags, heaters, coats and long underwear are sought-after commodities on Montana fire lines after rain, snow and cold replaced heat and smoke following about two rainless months. While the change in weather is welcome, it brings its own challenges for the crews fighting dozens of fires burning in drought-stricken Montana. Fire information officer Mike ...

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Is Chinese Growth About to Falter?

China has long been the marginal driver of demand for a wide array of commodities. In an attempt to understand the recent rise in the price of industrial metals, the strength of Chinese demand is a key factor. The picture is mixed. The chart and commentary below is taken from Sean Corrigan’s August newsletter – Cantillon Consulting – China: Is ...

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104,600 Shares in BlackRock Resources and Commodities (BCX) Acquired by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd acquired a new position in shares of BlackRock Resources and Commodities (NYSE:BCX) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 104,600 shares of the investment management company’s stock, valued at approximately $838,000. Other large investors have also added to or reduced their stakes in the company. IFP ...

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Wells Fargo & Company MN Grows Holdings in BlackRock Resources and Commodities (BCX)

Wells Fargo & Company MN grew its holdings in shares of BlackRock Resources and Commodities (NYSE:BCX) by 12.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,612,008 shares of the investment management company’s stock after buying an additional 852,775 shares during the quarter. Wells Fargo & ...

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