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By Austin Kiddle |
February 22, 2013
The release of the January FOMC minutes on Wednesday brought about gold selling. The market particularly focused on the governors' discussions of the risks and costs due to additional asset purchases.
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By Nicholas Larkin, Bloomberg |
February 15, 2013
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal.
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By Ari Altstedter, Bloomberg |
February 8, 2013
Canada’s dollar weakened below parity with its U.S. counterpart for the first time in five days as employment unexpectedly dropped in January, adding to concern the world’s 11th-largest economy is slowing.
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By Jack Scoville |
February 4, 2013
Sugar closed higher again on ideas that demand is increasing. Most traders still note that big supplies appear to be available to the market, but Brazil said it will increase the ethanol in its gasoline blends in May.
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By Jack Scoville |
February 1, 2013
Cocoa closed higher on what was called speculative short covering. There were also reports of end user demand as prices have gotten very cheap lately.
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By Jack Scoville |
January 31, 2013
Orange juice closed higher on what appeared to be speculative short covering. Ideas are that USDA can show smaller crops due to the greening disease that has been reported in Florida.
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By Jack Scoville |
January 30, 2013
Sugar closed lower and retreated back into the recent trading range. The fundamental situation still appears negative. Most traders still note that big supplies appear to be available to the market.
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By Jack Scoville |
January 29, 2013
Coffee crops in Central America will see some significant losses due to Roya next year, and some yields have been impacted this year. Yield losses could be 30% or more.
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By Jack Scoville |
January 28, 2013
Cotton trends remain up as traders contemplate less planted area next year and strong export sales. Strong sales are expected to continue after another failed Chinese government auction held over the weekend.
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By Jack Scoville |
January 25, 2013
Cocoa futures closed lower. Good arrivals in Africa are negative and are continuing. Ivory Coast arrivals are strong, and the trend for strong arrivals from there should continue.