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By Austin Kiddle |
May 10, 2013
During the week ending May 9, the gold-backed ETP holdings rebounded 0.1% to 2,241.708 metric tons, the first rise since the beginning of April. In India, gold imports will likely top 100 tonnes in May.
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By Phil Flynn |
April 17, 2013
Oil Prices look like they found support around $86.00 as I expected. After the massive sell-off because of the fears of a global slowdown and massive U.S. supply, oil could start rebounding on the more mundane seasonal and refinery factors.
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By Jeff Wilson, Bloomberg |
March 27, 2013
Corn supplies in the U.S., the biggest grower, are shrinking at the fastest pace in almost four decades as improving demand from ethanol refiners drains reserves already diminished by drought.
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By Justin Pugsley |
March 13, 2013
U.S. and Japanese central bank quantitative easing programs are placing China between a rock and a hard place in which a revaluation of the Chinese yuan vs. the U.S. dollar may turn out to be the least bad solution.
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By Joseph Ciolli and Anchalee Worrachate, Bloomberg |
March 13, 2013
The dollar rose against most of its major peers after a report showed U.S. retail sales in February exceeded forecasts, bolstering optimism in the world’s largest economy.
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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Tony C. Dreibus, Bloomberg |
January 3, 2013
The worst U.S. drought since the 1930s Dust Bowl is damaging wheat crops across the world’s biggest supplier, at a time when managed funds are the most bearish on prices in seven months.
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By Leslie Patton, Bloomberg |
October 19, 2012
McDonald’s Corp., the world’s largest restaurant chain by sales, reported third-quarter profit fell 3.5 percent as sales growth slowed at U.S. stores.
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By Elizabeth Campbell, Bloomberg |
October 9, 2012
U.S. milk production is headed for the biggest contraction in 12 years as a drought-fueled surge in feed costs drives more cows to slaughter.
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By Scott Rose, Bloomberg |
September 13, 2012
Russia’s central bank unexpectedly raised all of its policy rates by a quarter-point after inflation exceeded its target, splitting from policy makers in other major economies focused on bolstering growth.