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By Nicholas Larkin, Bloomberg |
February 28, 2013
Rhodium, the scarcest precious metal used in making catalytic converters, is outperforming platinum and palladium for the first time in seven years as global car sales rise to a record.
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By Joe Richter, Bloomberg |
February 26, 2013
China, primed by government spending to boost growth, will need enough copper every month to circle the globe more than 100 times.
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By Tony C. Dreibus, Bloomberg |
February 25, 2013
Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year.
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By Nicholas Larkin and Isis Almeida, Bloomberg |
February 22, 2013
Sugar traders are the most bullish since October on speculation that the slump in prices to the lowest in 2 1/2 years will spur Brazilian millers to make more biofuel and less of the raw sweetener from cane.
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By Wes Goodman and Lukanyo Mnyanda, Bloomberg |
February 22, 2013
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said gains in Treasuries this week were misguided.
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By Jeff Wilson, Bloomberg |
February 21, 2013
From South Dakota to Ohio, farmers are preparing to plant the most corn in almost eight decades after drought ruined record U.S. harvests predicted by the government.
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By Jeff Wilson |
February 20, 2013
From South Dakota to Ohio, farmers are preparing to plant the most corn in almost eight decades after drought ruined record U.S. harvests.
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By Liz Capo McCormick, Bloomberg |
February 19, 2013
As President Barack Obama starts his second term, the bond market is already telling him that the administration’s forecasts for economic growth over the next four years are too optimistic.
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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 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.