EghtesadOnline: The symbol tickers of commodity stocks started trading day on Monday mainly in green as investors reacted to the steep rise in crude oil prices in international markets.
EghtesadOnline: The government has banned the export of different kinds of paper, tissue, milk powder, infant formula, tea and butter in packages weighing more than 500 grams as of Aug. 23 until further notice.
EghtesadOnline: About 6.57 million tons of commodities worth over 161 trillion rials ($3.83 billion) were traded at Iran Mercantile Exchange during the first quarter of the current fiscal year (March 21-June 21), indicating a 22% and 71% year-on-year increase in trade volume and value respectively.
EghtesadOnline: Buckle up: commodities are gyrating as equity market turmoil sends ripples through everything from crude to copper. So far on Monday we’re in the green, but there’s much to look out for. Earnings season is going full tilt, and it’ll be dominated this week by gold miners including Barrick Gold Corp. just as bullion’s role as a haven comes in for scrutiny. There’s also a report from Bunge Ltd., the trading giant coveted by Archer-Daniels-Midland Co.
EghtesadOnline: Commodities are escaping the worst of the global market rout as losses in raw materials are capped by speculation that the bullish outlook for demand remains intact.
EghtesadOnline: World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply.
EghtesadOnline: Metals are the undisputed kings of commodities and among the world’s best performing major investments thanks to Chinese state power.
EghtesadOnline: The dollar fell against higher-yielding peers while U.S. stock futures rose with commodities, as an optimistic start to 2017 spread to emerging-market currencies.
EghtesadOnline: U.S stocks erased gains that took the Dow Jones Industrial Average above 19,000 for the first time as investors assessed the two-week post-election rally. Metals rallied while oil slipped.
EghtesadOnline: Stocks rallied with commodities after the initial shock of Donald Trump’s election victory gave way to optimism that his plans for fiscal stimulus will provide a boost to the global economy. Bloomberg’s dollar index retreated from an eight-month high.