Wednesday, April 3, 2013

DailyMarkets.com - Soft Chinese Manufacturing, Rising Stockpiles Weigh On Copper

DailyMarkets.com - Soft Chinese Manufacturing, Rising Stockpiles Weigh On Copper


Soft Chinese Manufacturing, Rising Stockpiles Weigh On Copper

Posted: 03 Apr 2013 06:18 AM PDT

Tuesday, April 2, 2013
Copper traders have had to digest a lot of negative news in recent weeks. LME stocks have been increasing on a daily basis, Chinese manufacturing data has been soft, and there have been signs that the American housing market recovery may be slowing or stalling. Codelco, which is the world’s largest Copper producer, has seen a two-day strike at its Radomiro Tomic mine in northern Chile. While the company says the production they are losing due to the strike is … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Coffee Prices “Perk-up” On Short-covering

Posted: 03 Apr 2013 06:17 AM PDT

Wednesday, April 3, 2013
Coffee futures are the only member of the so called “softs” commodities where large speculators are holding a net-short position. The most recent Commitment of Traders report shows non-commercial traders net short 26,361 contracts as of March 26th. On the other side of this trade are commercial traders who were net long 25,255 contracts at that same time. Given the concerns of supply issues out of Central America this season and analysts’ expectations for increased … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Shanghai’s Long Road To Prosperity

Posted: 03 Apr 2013 06:00 AM PDT

The cover of our latest Shareholder Report features the bustling Nanjing Road in Shanghai, China.
U.S. Global Research Analyst Xian Liang was born and raised in Shanghai and says the road holds special significance to the country as it has more than 170 years of history. Below, our investment team snapped a photo of Xian with his parents, along with my assistant, June Falks, while walking along Nanjing Road back in 2011.

I asked Xian to share a short summary of Nanjing Road's long history … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Forex Trading:

Posted: 03 Apr 2013 05:44 AM PDT

Economic News
-
-
-
-
Technical News
The Wild … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Uganda Holds Rate, Economy Gaining, Inflation On Target

Posted: 03 Apr 2013 03:53 AM PDT

    Uganda’s central bank held its central bank rate (CBR) steady at 12.0 percent, saying it is maintaining a neutral policy stance as the economic recovery is gaining momentum and inflation is in line with its target.
    The Bank of Uganda (BOU), which slashed interest rates in 2012, said short-term economic prospects had improved compared to its outlook and “constraints to economic growth from deficient aggregate demand are now receding.”
    The BOU said … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

No comments:

Post a Comment