Commodities Market

  • Oklahoma is latest state to prevent local fracking bans Associated Press - 5 hours ago

    Oklahoma cities and counties would no longer be able to ban hydraulic fracturing — a process commonly called fracking — or other oil and gas operations within their boundaries under a bill signed into ...

  • Daily Observations: Checking in on GBP-crosses, USD-pairs DailyFX - 6 hours ago

    Daily Observations: Checking in on GBP-crosses, USD-pairs

  • Weekly Trading Forecast: ECB, BoE, NFPs and Much More Ahead DailyFX - 7 hours ago

    Weekly Trading Forecast: ECB, BoE, NFPs and Much More Ahead

  • Gold Range Carries Into June- Opening Range in Focus Ahead of NFP DailyFX - 7 hours ago

    Gold Range Carries Into June- Opening Range in Focus Ahead of NFP

  • GBP/USD Carves Bearish Pattern Ahead of BoE Interest Rate Decision DailyFX - 8 hours ago

    GBP/USD Carves Bearish Pattern Ahead of BoE Interest Rate Decision

  • Chile's Codelco first quarter profit plunges 40 percent Associated Press - 8 hours ago

    Chile's state-run copper giant Codelco says its profit plunged more than 40 percent in the first quarter of 2015 from the previous year because of tumbling prices for the metal. The world's largest copper ...

  • EUR/GBP Rebound Vulnerable to Dovish ECB DailyFX - 10 hours ago

    EUR/GBP Rebound Vulnerable to Dovish ECB

  • EPA proposes lowering requirements for ethanol in gas Associated Press - 12 hours ago
    EPA proposes lowering requirements for ethanol in gas

    The nation's gasoline supply likely will have more ethanol in coming years — but not as much as was required by federal law. The Obama administration's proposed renewable fuel standard won't have much ...

  • Research and Markets: India Magnesium Hydroxide and Peroxide Market Business Report 2015 Business Wire - 12 hours ago

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/x8w7zk/magnesium ) has announced the addition of the "Magnesium Hydroxide and Peroxide Market in India: Business ...

  • Altium Releases Never-Before-Seen Roadmaps for Entire Product Portfolio to Public GlobeNewswire - 12 hours ago

    SAN DIEGO, Calif. -- via PRWEB - Altium Limited has announced the public release of never-before-seen roadmaps for their entire product lineup. These roadmaps provide a rare glimpse into years of development ...

  • EPA proposes lowering required amount of ethanol in gas Associated Press - 13 hours ago
    EPA proposes lowering required amount of ethanol in gas

    The Obama administration is proposing to reduce the overall amount of ethanol blended in the nation's gasoline in coming years, a blow to renewable fuel companies that have pushed to keep high volumes ...

  • Response by operator of broken oil pipeline faces scrutiny Associated Press - 13 hours ago
    Response by operator of broken oil pipeline faces scrutiny

    Emergency workers and officials from a pipeline operator had gathered last week to train for the worst — an oil spill — when a 911 call came in reporting a noxious smell at a nearby beach. Santa Barbara ...

  • Research and Markets: Aluminum Industry in India 2015 Business Wire - 14 hours ago

    DUBLIN--(BUSINESSWIRE)-- Research and Markets (http://www.researchandmarkets.com/research/fpv9r8/aluminum_industry) has announced the addition of the "Aluminum Industry in India 2015" report to their offering. India has an abundant supply of bauxite and has in recent years established itself has a low cost source of primary aluminum. There are three major producers of primary aluminum in India - Hindalco, Vedanta and Nalco, and they have announced expansion plans to give a substantial boost to the aluminum production in the country.

  • FX Reversals: USDJPY Moves in Range DailyFX - 14 hours ago

    FX Reversals: USDJPY Moves in Range

  • Oil prices jump on US tightening, Saudi mosque attack AFP - 16 hours ago
    Oil prices jump on US tightening, Saudi mosque attack

    Crude prices jumped more than $2.00 Friday amid more signs of US tightening and after another deadly attack on Shiites claimed by Islamic State in the heart of Saudi Arabia's oil industry. US benchmark West Texas Intermediate (WTI) for July delivery rose $2.62 to $60.30 a barrel in New York trade. The attack, which killed three, took place in Dammam, just a few kilometers from both the headquarters of Aramco, the powerful Saudi state oil company, and the crucial Ras Tanura oil terminal and refinery.

  • Gold Digesting Losses, Crude Oil Selloff Stalls at 4-Month Support DailyFX - 19 hours ago

    Gold Digesting Losses, Crude Oil Selloff Stalls at 4-Month Support

  • Oil slides on strong dollar, supply glut worries AFP - 20 hours ago
    Oil slides on strong dollar, supply glut worries

    Oil prices sank this week to one-month lows on the back of the strong dollar and global supply glut fears, ahead of the OPEC cartel output meeting next week. Meanwhile the Organization of the Petroleum Exporting Countries (OPEC), which pumps about 30 percent of global crude, meets on June 5 for a production gathering in Vienna. OIL: London Brent oil dived to a six-week low and New York crude to a four-week trough on Thursday, as the market was shaken once more by the rebounding dollar and stubborn jitters over the global supply glut.

  • Aussie dollar's fall eases AAP - 20 hours ago

    The Australian dollar's slide on weaker than expected business investment figures has eased after the currency hit a six week low. It fell as low as 76.18 US cents in the early hours of Friday, its weakest level since April 15, due to Thursday's surprisingly soft business investment figures. The Australian dollar steadied during Friday's local session as traders wait for more key figures next week, including economic growth, National Australia Bank senior currency strategist Emma Lawson said.

  • Aust market up more than 1pc AAP - 21 hours ago

    The Australian share market has made its best single-day gain in a month as investors snapped up beaten-down stocks. CMC Markets chief market analyst Ric Spooner said the jump in the market was surprising given that there was no obvious driver or news when the session started. Mr Spooner said Friday's rally may have been driven by significant interest from overseas investors.

  • 60 Second Binary Options Software CCI v1.0 Released By ITM Financial This Week GlobeNewswire - 21 hours ago

    BOSTON, Mass. -- via PRWEB - Binary options signals startup ITM Financial has released their latest 60 second binary options trading indicator software suite to a record number of downloads in the first ...

  • Aussie bonds rise on recession talk AAP - 21 hours ago

    Australian bond futures prices have firmed on fears the nation is heading into a recession. Investors are still reacting to Thursday's poor business investment figures, UBS interest rate strategist Matthew ...

  • FRO - First Quarter 2015 Results GlobeNewswire - 21 hours ago

    HAMILTON, Bermuda --

  • Stocks to watch on Friday AAP - 22 hours ago

    Stocks to watch on the Australian stock exchange at the close on Friday: CBA - COMMONWEALTH BANK - up $1.59, or 1.9 per cent, to $85.09 WBC - WESTPAC BANKING CORPORATION - up 44 cents, or 1.33 per cent, ...

  • Aussie shares close higher AAP - 22 hours ago

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Economists find little joy in latest data AAP - 23 hours ago

    A bleak quarterly survey of business investment plans has economists reviewing their forecasts. The results of the survey were seen as a key cross-check on the progress of the so-called rebalancing, or baton change, as mining investment fades and investment picks up in other sectors of the economy. Thursday's report "clearly clouds" the handover, Commonwealth Bank economist Diana Mousina said.

  • GBP/USD Technical Analysis: Eyeing Support Below 1.52 Mark DailyFX - 23 hours ago

    GBP/USD Technical Analysis: Eyeing Support Below 1.52 Mark

  • USD/CAD Technical Analysis: Downturn Hinted Sub-1.25 DailyFX - 23 hours ago

    USD/CAD Technical Analysis: Downturn Hinted Sub-1.25

  • EUR/GBP Technical Analysis: Trying to Expose 0.72 Figure DailyFX - 23 hours ago

    EUR/GBP Technical Analysis: Trying to Expose 0.72 Figure

  • Syrah Resources Finalises Feasibility Study and Declares Maiden Ore Reserve Business Wire - 23 hours ago

    MELBOURNE, Australia--(BUSINESSWIRE)-- Syrah Resources (Syrah) is pleased to report the results of its Feasibility Study prepared by Snowden Mining Industry Consultants for its 100% owned Balama Graphite Project (Balama) in Mozambique. The Feasibility Study confirms Balama as a project with low capital intensity, low technical risk and attractive returns. Initial capital expenditure will be US$138 million, with a payback period of less than 2 years from commercial production.

  • NZD/USD Technical Analysis: Kiwi Probing Four-Year Lows DailyFX - 23 hours ago

    NZD/USD Technical Analysis: Kiwi Probing Four-Year Lows

  • RBA rate cut unlikely, experts say AAP - Fri, May 29, 2015 1:23 PM AEST
    RBA rate cut unlikely, experts say

    The Reserve Bank is unlikely to cut rates further next week as it balances the need to boost economic growth while keeping Sydney and Melbourne house prices under control. Market pricing for a June rate cut has remained at just four per cent this week, despite Thursday's downbeat capex data which showed business investment slumped in the March quarter, and will likely fall further in the coming financial year. Nine out of 12 economists surveyed by AAP expect the cash rate to remain steady on Tuesday, but 10 of them tip a move by the end of the year.

  • GBP/JPY Technical Analysis: Downturn Hinted at 190.00 DailyFX - Fri, May 29, 2015 12:26 PM AEST

    GBP/JPY Technical Analysis: Downturn Hinted at 190.00

  • $A weaker at noon on $US strength AAP - Fri, May 29, 2015 12:18 PM AEST

    The Australian dollar has regained some ground after slipping in early trade in response to a stronger greenback and disappointing local business investment data. The local currency was worth 76.64 US ...

  • Oil prices firm on mixed US stockpiles report AFP - Fri, May 29, 2015 11:48 AM AEST
    Oil prices firm on mixed US stockpiles report

    In late morning London deals, Brent North Sea crude for July added 85 cents to $63.16 per barrel, compared with Thursday's closing level. US benchmark West Texas Intermediate (WTI) for delivery in July won 71 cents to $58.39 a barrel. Daniel Ang, investment analyst at Phillip Futures in Singapore, said the US Department of Energy petroleum report "showed a mixed sentiment as the bearish production increase was offset by a bullish inventory decrease".

  • KGL Resources Limited (ASX:KGL) Chairman's Address to Shareholders and Presentation ABN Newswire - Fri, May 29, 2015 11:42 AM AEST

    Brisbane, Australia, May 29, 2015 - (ABN Newswire) - KGL Resources (ASX:KGL.AX - News) releases the Chairman's and Managing Director's addresses to be given at today's Annual General Meeting. 2015 AGM Chairman's Address - Ladies and gentlemen, the last 12 months has been one of significant achievement for KGL's Jervois project in the Northern Territory, despite volatile global markets and an uncertain commodity outlook. At the last AGM we reported that we were well advanced with the Pre-Feasibility Study for Jervois.