The dollar gained ground against rivals Friday morning after stronger U.S. economic data fueled bets the Federal Reserve will tighten monetary policy sooner than... »
Continued wet Midwest trends, late-winter Southern Plains storm activity, scattered showers in South America, continued mild conditions in South Africa, and showers and cool conditions in China are the main weather items for the commodity trade's attention Friday. »
Soybean futures tumbled to one-month lows, dragged lower in part by disappointing U.S. government export-sales data that showed China had canceled orders. Concerns about tightening monetary policy in China and potentially record soybean crops in South »
A wet Midwest pattern, Southern Plains wintry moisture, widespread Northern Plains snow, continued mostly dry conditions in South America, a favorable late-season scenario in South Africa, and a wet and chilly trend for China are »
The main highway linking Uganda and Rwanda has been cut off since Tuesday following several days of heavy rains, Uganda's state-run National Roads Authority said Thursday. According to the agency, at least 14 kilometers, on the Ugandan »
Short-term Midwest rain, a drier 10-day outlook for the central U.S., mixed precipitation for the Southern Plains, stressful rain and snow in the Northern Plains, mostly favorable conditions across South America, beneficial late-season trends in South Africa, and »
COMMODITY SUMMARY: Spot gold almost unchanged after volatile overnight trading that sees prices dip to near 2-week low of $1,108.90/oz. Gold mostly ignores comments from Chinese official that gold isn't a great tool for forex »
A wet Midwest pattern, early-spring moisture in the Southern Plains, continued drier conditions across South America, a benign trend in South Africa, and mostly beneficial rain and snow in China are the main weather items for the commodity »
Malaysia's commodity exports earnings in 2010 will likely be higher than MYR50 billion due to better commodity prices, Commodities Minister Bernard Dompok said Tuesday. »
COMMODITY SUMMARY: Spot gold lower overnight after USD strengthens following announcement from Fed that it would increase number of repo counterparties, seen as a gentle reminder that policy makers are at least thinking »
Rain throughout the Midwest, rain and snow for the Southern Plains, dry and warm across South America, favorable trends in South Africa, and a wintry outlook in China this week are the main weather items for the commodity trade's attention Monday. »
The oil barrel is looking half-full again. Investors pushed crude prices above $82 a barrel in early trading Friday on the New York Mercantile Exchange -- near the highest point in 17 months -- as positive sentiment about rosier-than-feared »
Rain and snow for the Midwest, possibly heavy precipitation in the Southern Plains, a drier outlook over Brazil, favorable warmth in Argentina, periodic showers in South Africa, and a cold and snowy pattern in China are the main weather items for the commodity trade's »
Intraday Brent (ICE): Thursday's inside day consolidates the $75.29/$79.58 advance, but bulls still retain near-term control and will look to renew pressure on the $79.58 high. A break through there would open the psychological $80.00 level and the lower high at $80.18 just above »
An unsettled central U.S. trend, rain and snow for the Southern Plains, diminishing rain over Brazil, a drier trend in Argentina, favorable conditions in South Africa, and a chilly and wet pattern in China are the main weather items for the commodity trade's attention Thursday. »
Intraday Crude Oil (NYMEX): Set a fresh 7-week high at $81.23 Wednesday to extend the advance off the Feb. 25 higher low at $77.05, and the threat is for further strength to meet the upside target at $81.63. Higher targets lie at $82.60, and former range lows at $83.00. Only »
Crude futures ended higher as promising U.S. economic data provided enough support to keep oil prices above $80 a barrel after more than a week of failed attempts. A larger-than-expected increase in U.S. oil inventories tempered gains, however, as plenty of »
COMMODITY SUMMARY: Base metals, gold rally again overnight, EUR/USD gains after Greece presented austerity measures to cut its budget deficit. LME copper ends up $90 vs PM kerb at $7,580/ton. »
Brief Midwest drying, a new central U.S. storm system next week, favorable Plains wheat conditions, scattered Brazil rainfall, heavy rain in Argentina, periodic thunderstorms in South Africa, and locally heavy rainfall in China are the main weather items for the commodity »
Intraday Gold (COMEX): Forces a break into fresh 6-week highs above $1131.5 Tuesday to leave $1088.5 as a higher low, and the dominant threat is for further gains above $1138.3 towards the $1142.9/$1148.0 lower highs. Corrective dips will attract support around $1124.0 to protect »
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