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By Ilya Spivak |
January 15, 2013
Commodities are putting in a mixed performance in overnight trade. Crude oil and copper prices are showing little directional conviction, mirroring European shares. S&P 500 index futures are accelerating lower, hinting risk aversion is likely to pick up steam.
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By Ilya Spivak |
January 10, 2013
Commodities are on the upswing in the wake of dramatically better-than-expected Chinese export figures. December’s report showed overseas sales rose 14.1% year-on-year, nearly tripling forecasts calling for a 5% increase and buoying global recovery bets.
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By Ilya Spivak |
January 8, 2013
Sentiment-linked crude oil is on the upswing along with a narrow improvement in risk appetite in European hours, with regional shares edging higher. Gold and silver are likewise trading higher as the US dollar corrects lower.
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By Ilya Spivak |
January 7, 2013
Cycle-sensitive crude oil and copper prices are under pressure in European trade with risk appetite on the defensive to start the trading week. A short lull in big-ticket event risk this week opens the door for investors to digest last week’s volatility.
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By Ilya Spivak |
December 28, 2012
For commodity markets, a fiscal cliff deal portends an uptick in cycle-sensitive crude oil and copper prices. Gold and silver may likewise find near-term support amid ebbing haven demand for the US dollar.
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By Ilya Spivak |
December 27, 2012
While a watered-down accord is undeniably better for market-wide risk appetite than none at all, follow-through is likely to be limited to a short-term advance reflecting the dissipation of uncertainty.
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By Ilya Spivak |
December 18, 2012
Prices are on the upswing along with stocks amid hopes for an emerging deal in early European trade. S&P 500 stock index futures are pointing higher, arguing for more of the same as Wall Street comes online.
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By Ilya Spivak |
December 11, 2012
Commodities are yielding a mixed performance ahead of the opening bell on Wall Street. Cycle-sensitive crude oil prices are on the upswing along with an apparent pickup in risk appetite, with S&P 500 index futures pointing higher.
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By Ilya Spivak |
December 10, 2012
Commodities are on the upswing ahead of the opening bell on Wall Street but optimism may prove fleeting as “fiscal cliff” concerns re-enter the spotlight. Eyes are on President Obama as he delivers a speech in Detroit to promote his plan.
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By Ilya Spivak |
December 7, 2012
Commodities are treading water in European trade as traders await the much-anticipated US Employment report. Expectations suggest payrolls rose by a paltry 85,000 in November to mark the weakest performance in five months.
