As we come to the end of 2013, it’s a good time to reflect on some of the biggest resources stories of the year. One that immediately comes to mind is the U.S. energy resurgence and its tremendous effect on oil and gas.
The press conference and Fed statement is a bit more nuanced than taper or no-taper, but at the same time we are all watching to see if there is a taper, which should create enhanced volatility.
Commodity investments are heading for record outflows driven by withdrawals from gold exchange-traded funds as some investors lost faith in the traditional store of value, according to Barclays Plc.
The Canadian dollar weakened for a third day before a Federal Reserve rate decision that may see the central bank slow the monetary stimulus that is thought to depress the value of the U.S. currency.