Copper is one of the metals that really matters at the street level of the global economy. The price of gold is much more exciting about the price of copper, ... Read Full Story »
If you just considered how uncertain things are right now, you might think that news coming out of China regarding its economy was still very soft. Data over the weekend ... Read Full Story »
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are ... Read Full Story »
CME Group Inc. (NYSE: CME) is going to make it cheaper for traders to trade energy and metals futures, something which could make it easier and cheaper for traders, speculators, ... Read Full Story »
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 ... Read Full Story »
Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are ... Read Full Story »
Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are signaling some disturbing trends that only bring on more fears of recession. The companies have both lowered ... Read Full Story »
Today's surprise report on the increase in housing starts has put some added energy into copper futures, which have been holding more or less steady this month following a rise ... Read Full Story »
Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world's top consumer of copper, ... Read Full Story »
Yesterday's announcement by the International Energy Agency that member nations, including the US, would release 60 million barrels of crude sliced 5% off the price of a barrel of WTI ... Read Full Story »
In the past 12 months, copper has risen from about $2.80/pound to as high over $4.60/pound, an increase of about 64%. The red metal now trades at about $4.10, or ... Read Full Story »
The big remaining question about copper prices is which direction they will take in the second half of this year. Most observers are bullish, but when the big question is ... Read Full Story »
Today's commodities markets are being driven by a new report from Goldman Sachs Group Inc. (NYSE: GS) essentially reversing its 'sell' report of scarcely six weeks ago. Copper prices remain ... Read Full Story »
Today's commodities news is not quite a repeat of yesterday's because oil is staying essentially flat and yesterday's commodities sell-off is not being repeated. Wheat prices, however are continuing to ... Read Full Story »
Today's commodities watch looks at a silver miner's and a food producer's quarterly earnings. And a quick look at how copper is coming back today. Silver and gold miner Coeur ... Read Full Story »