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By Phil Flynn |
July 20, 2012
While oil looks like it is breaking out, driven by renewed war fears and an uptick in US demand, there are signs that demand in China is slowing and this may give the bulls some pause.
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By Elizabeth Campbell, Bloomberg |
July 10, 2012
Speculators increased bullish commodity positions by the most in two years as prices rebounded from a bear market, boosted by a crop-damaging drought in the U.S. and moves by China and Europe to spur economic growth.
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By Christine Harvey and Saeromi Shin, Bloomberg |
July 9, 2012
Emerging-market stocks tumbled the most in two weeks after Chinese Premier Wen Jiabao said the world’s second-largest economy faces “relatively large” downward pressure.
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By Stephen Kirkland, Bloomberg |
July 3, 2012
European stocks rose to a two-month high and Asian shares advanced on speculation central banks will ease monetary policy to spur growth.
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By Phil Flynn |
July 2, 2012
Once again the commodities can’t wait for the Fourth of July to provide us with fireworks! Oil had its biggest up move in years
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
May 29, 2012
U.S. stocks rose, adding to last week’s rally, amid speculation Greece will stay in the euro after polls showed voters supporting politicians who back the nation’s bailout. Commodities erased earlier gains while Treasuries advanced.
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By Phil Flynn |
May 23, 2012
Oil zoned out late in the trading session on an admission from former Greek Prime Minister that preparations for an exit from the Eurozone are being considered
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By By Bloomberg News |
April 14, 2012
China’s decision to widen the yuan’s trading band against the dollar for the first time since 2007 signals a drive toward a convertible currency.
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By Bloomberg News |
April 10, 2012
Europe’s debt crisis and suspension of former top official in Chongqing from his Communist Party posts drags down Chinese stocks.
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By Eric Martin and Jennifer M. Freedman, Bloomberg |
March 13, 2012
President Barack Obama said his decision to challenge China’s export limits on rare-earth minerals at the World Trade Organization is part of his quest to make the U.S. more competitive in the global economy.