Commodities Market

  • Ditched Cairns plan a 'missed opportunity' AAP - 15 hours ago

    The Queensland government has forfeited economic and tourism boosts for the state's far north by dumping plans for a Cairns cruise ship terminal, the opposition says. Labor on Saturday released a draft Environmental Impact Statement (EIS) related to the proposal and said it illustrated the former LNP government's "complete disdain for Queensland's environment". One of the most contentious aspects of the plan was the planned dumping of dredge spoil either at land or in waters near the Great Barrier Reef. "This is another short-sighted, knee-jerk reaction from a Government making it up as they go," opposition spokesman for infrastructure Tim Nicholls said.

  • Forex Sentiment & Volume Analysis - EURUSD DailyFX - 17 hours ago

    Forex Sentiment & Volume Analysis - EURUSD

  • Forecast: Will Dollar and Equity Declines Evolve into Reversals? DailyFX - 17 hours ago

    Forecast: Will Dollar and Equity Declines Evolve into Reversals?

  • Dollar Stumbles but Will it Fall as Markets Debate Fed Hikes? DailyFX - 17 hours ago

    Dollar Stumbles but Will it Fall as Markets Debate Fed Hikes?

  • Qld government dumps Cairns port plan AAP - 18 hours ago

    Plans to dredge a far north Queensland inlet for a potential cruise ship terminal have been abandoned by the state government on environmental and financial grounds. Treasurer Curtis Pitt has released a draft Environmental Impact Statement (EIS) on the proposal, which could have involved dumping Cairns Port dredge spoil on waters near the Great Barrier Reef.

  • 1173 Key Support in Focus as Gold Preserves Monthly Opening Range DailyFX - 19 hours ago

    1173 Key Support in Focus as Gold Preserves Monthly Opening Range

  • USD/JPY Eyes March Low - Japan to Post First Trade Surplus Since 2012 DailyFX - 20 hours ago

    USD/JPY Eyes March Low - Japan to Post First Trade Surplus Since 2012

  • US oil and natural gas rig count drops by 34 to 954 Associated Press - 20 hours ago

    Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 34 this week to 954 amid depressed oil prices. Houston-based Baker Hughes said ...

  • Correction: Bird Flu story Associated Press - 22 hours ago

    In a story April 16 about bird flu, The Associated Press reported erroneously that recent outbreaks had led to the death of more than 2.5 million turkeys and chickens. The correct figure at the time was ...

  • Final Glance: Silver companies Associated Press - 22 hours ago

    Shares of some top silver companies were mixed at the close of trading: Hecla Mining Co. fell $.08 or 2.5 percent, to $3.16. Pan American Silver Corp. fell $.15 or 1.6 percent, to $9.29. Silver Standard ...

  • Final Glance: Gold companies Associated Press - 22 hours ago

    Shares of some top gold companies were mixed at the close of trading: Barrick Gold Corp. rose $.11 or .9 percent, to $12.76. Gold Fields Ltd ADS unchanged at $4.02. GoldCorp fell $.04 or .2 percent, to ...

  • Final Glance: Coal companies Associated Press - 22 hours ago

    Shares of some top coal companies were down at the close of trading: Arch Coal fell $.02 or 1.9 percent, to $1.04. Consol Energy Inc. unchanged at $31.14. Peabody Energy fell $.10 or 1.9 percent, to $5.19....

  • Business Highlights Associated Press - 22 hours ago

    ___ After Alps crash, some experts ponder flights without pilots To improve airline safety, maybe we need to remove the pilots. That radical idea is decades away, if it ever becomes a reality. But following ...

  • Preston Corporation Options Highly Prospective Kwamagome Gold Project in Handeni District of Tanzani … GlobeNewswire - Sat, Apr 18, 2015 6:16 AM AEST

    CARSON CITY, Nev. -- Preston Corporation (OTC-PSNP - ISIN US 74113J1079 - www.prestoncorporation.com) announces the company has acquired an option on the Kwamagome Gold Project located south of Handeni, ...

  • Coeur Announces Positive Results of Stockholder Votes and Completes Acquisition of Paramount Gold and … GlobeNewswire - Sat, Apr 18, 2015 6:05 AM AEST

    CHICAGO -- Coeur Mining, Inc. ("Coeur" or the "Company") announced that the proposals related to the previously announced acquisition of Paramount Gold and Silver Corp. ("Paramount") ...

  • Grain mostly higher, livestock lower Associated Press - Sat, Apr 18, 2015 5:56 AM AEST

    Grain futures were mostly higher Friday on the Chicago Board of Trade. Wheat for July delivery fell 1.50 cents to $4.8925 a bushel; July corn was up 3.50 cents to 3.8675 a bushel; July oats rose 5.50 cents ...

  • Midday Glance: Silver companies Associated Press - Sat, Apr 18, 2015 3:17 AM AEST

    Shares of some top silver companies are mixed at 1 p.m.: Hecla Mining Co. fell $.03 or .9 percent, to $3.21. Pan American Silver Corp. unchanged at $9.44. Silver Standard Resources Inc. rose $.16 or 3.1 ...

  • Midday Glance: Gold companies Associated Press - Sat, Apr 18, 2015 3:17 AM AEST

    Shares of some top gold companies are mixed at 1 p.m.: Barrick Gold Corp. rose $.23 or 1.8 percent, to $12.88. Gold Fields Ltd ADS rose $.02 or .5 percent, to $4.04. GoldCorp rose $.07 or .4 percent, to ...

  • Midday Glance: Coal companies Associated Press - Sat, Apr 18, 2015 3:17 AM AEST

    Shares of some top coal companies are up at 1 p.m.: Arch Coal rose $.01 or 1.4 percent, to $1.08. Consol Energy Inc. rose $.01 or percent, to $31.15. Peabody Energy rose $.03 or .6 percent, to $5.32.

  • NZD/USD Retail Crowd Remains Net-Short Ahead of New Zealand 1Q CPI DailyFX - Sat, Apr 18, 2015 2:20 AM AEST

    NZD/USD Retail Crowd Remains Net-Short Ahead of New Zealand 1Q CPI

  • Proposed rules could raise fees for drilling on federal land Associated Press - Sat, Apr 18, 2015 1:29 AM AEST

    The Obama administration took a first step Friday toward a possible increase in fees charged for oil and gas companies to drill on federal lands. The Bureau of Land Management issued a notice seeking public ...

  • Early Glance: Silver companies Associated Press - Sat, Apr 18, 2015 12:57 AM AEST

    Shares of some top silver companies are up at 10 a.m.: Hecla Mining Co. rose $.02 or .6 percent, to $3.26. Pan American Silver Corp. rose $.08 or .8 percent, to $9.52. Silver Standard Resources Inc. rose ...

  • Early Glance: Gold companies Associated Press - Sat, Apr 18, 2015 12:57 AM AEST

    Shares of some top gold companies are up at 10 a.m.: Barrick Gold Corp. rose $.28 or 2.2 percent, to $12.93. Gold Fields Ltd ADS rose $.09 or 2.1 percent, to $4.11. GoldCorp rose $.26 or 1.3 percent, to ...

  • Early Glance: Coal companies Associated Press - Sat, Apr 18, 2015 12:57 AM AEST

    Shares of some top coal companies are mixed at 10 a.m.: Arch Coal fell $.01 or .5 percent, to $1.05. Consol Energy Inc. fell $.19 or .6 percent, to $30.95. Peabody Energy rose $.11 or 2.1 percent, to $5.40....

  • Grain mixed, livestock mixed Associated Press - Sat, Apr 18, 2015 12:54 AM AEST

    Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for July delivery was unchanged at $4.9075 a bushel; July corn was 1.25 cents lower at $3.83 a bushel; July oats were ...

  • Technavio Publishes New Report on the Global Microgrid Market 2015-2019 Business Wire - Sat, Apr 18, 2015 12:45 AM AEST

    LONDON--(BUSINESSWIRE)-- Increased demand for better power quality has resulted in the gradual growth of the global microgrid market, which is expected to post a CAGR of 18.72 percent from 2015-2019, says research firm Technavio. The quality and consistency of power supply is poor in many countries in the Americas, Asia and Europe. Microgrids help improve the power quality by providing reliable power supply with minimal shortages. They ensure better power quality by enabling connection to macrogrids that helps reduce grid imbalances and power supply intermittence.

  • US Dollar Finds Support DailyFX - Fri, Apr 17, 2015 11:28 PM AEST

    US Dollar Finds Support

  • US Dollar SSI Flashes Broad Based Bear Signal DailyFX - Fri, Apr 17, 2015 11:19 PM AEST

    US Dollar SSI Flashes Broad Based Bear Signal

  • March increase in gas costs fuel a 0.2 percent rise in US consumer prices Associated Press - Fri, Apr 17, 2015 10:34 PM AEST

    March increase in gas costs fuel a 0.2 percent rise in US consumer prices.

  • Attitude Shifting Towards USD? DailyFX - Fri, Apr 17, 2015 10:15 PM AEST

    Attitude Shifting Towards USD?

  • Whitehaven expects prices to remain weak AAP - Fri, Apr 17, 2015 9:03 PM AEST
    Whitehaven expects prices to remain weak

    Whitehaven Coal expects coal prices won't start to pick up until 2016. The company behind the controversial Maules Creek mine in NSW has lifted its full year production target to 7.2 million tonnes, from 7.0 million tonnes, after a boost in March quarter production. Whitehaven expects that price to fall to a range of US$75 to US$80 per tonne in the June quarter.

  • Oil price soars in mixed week for commodities AFP - Fri, Apr 17, 2015 8:17 PM AEST
    Oil price soars in mixed week for commodities

    "Oil prices rose sharply in the past week, supported by further evidence that US production and crude stocks are close to peaking -- if they have not done so already," said Julian Jessop, head of commodities research at consultancy Capital Economics. OIL: Crude futures rallied on signs that US shale oil production -- a key driver of the stubborn supply glut that sparked collapsing prices -- may be on the cusp of easing.

  • Global markets mostly lower, China up on stimulus hope Associated Press - Fri, Apr 17, 2015 7:55 PM AEST

    Global stock markets were mostly lower on Friday while stocks in mainland China extended their gains on expectations of further policy easing. KEEPING SCORE: European markets opened mixed with Britain's ...

  • Prepare for a 'messy' year-end for oil: Citi CNBC - Fri, Apr 17, 2015 7:29 PM AEST
    Prepare for a 'messy' year-end for oil: Citi

    The price of oil could come under serious pressure towards the end of the year if a recent bounce back in prices holds for the next few months, a closely-watched oil analyst has warned.

  • EUR/USD Rebound Vulnerable to Sticky U.S CPI- 1.0500 Support on Radar DailyFX - Fri, Apr 17, 2015 6:00 PM AEST

    EUR/USD Rebound Vulnerable to Sticky U.S CPI- 1.0500 Support on Radar