Latest news about Commodities
Global Credit Crisis Hampers Commodities Trade in South Korea (Bloomberg)
Oct. 10 (Bloomberg) -- The global financial crisis has hurt the commodities industry in South Korea, Asia's fourth-largest economy, as banks reduce financing and the currency tumbles to the lowest in a decade.
9 Oct 2008, 10:40 pm | click here to view more
Commodities slump on recession worries (Financial Times)
Commodities prices slumped on Friday following sharp falls in global equity markets amid mounting fears that the global economy was heading into recession.
10 Oct 2008, 9:33 am | click here to view more
Investor Jim Rogers says still likes commodities (Reuters via Yahoo! News)
Investor and author Jim Rogers, one of the earliest to predict the boom in commodities of the last few years, said Friday that he recently bought agricultural commodities despite the sharp fall in prices.
10 Oct 2008, 8:10 pm | click here to view more
Commodities Corner: Taking refuge in commodities takes on new meaning (Market Watch)
Whatever happened to the idea of taking refuge in commodities in case of a stock market meltdown? Instead of seeking a "safe haven," maybe we should be settling for what's "safe enough."
10 Oct 2008, 7:42 am | click here to view more
RBS Cuts Mining Company Price Estimates on Slumping Commodities (Bloomberg)
Oct. 10 (Bloomberg) -- Royal Bank of Scotland Group Plc clip its price estimates for mining companies as slumping commodities erode profit and financial-market turmoil slows economic growth.
10 Oct 2008, 4:25 am | click here to view more
Oil Set for Biggest Weekly Drop Since 2004 as Commodities Slump (Bloomberg)
Oct. 10 (Bloomberg) -- Crude oil tumbled more than $4 a barrel and headed for its biggest weekly decline since December 2004, pacing a slump in commodities on concern the deepening financial crisis will push the global economy into a recession.
10 Oct 2008, 4:07 am | click here to view more
Sugar Falls to Four-Month Low as Equities, Commodities Tumble (Bloomberg)
Oct. 10 (Bloomberg) -- Sugar fell to a four-month low as commodities slumped on concern that a deepening credit crisis will send the global economy into a recession.
10 Oct 2008, 3:01 pm | click here to view more
Commodities Tumble As Market Upheaval, Selling Continues (CattleNetwork.com)
KANSAS CITY (Dow Jones)--Continued market turmoil and financial sector panic are leading to sharp losses in commodities once again, led by a 10% fall in copper, an 8% decline in crude oil and nearly 7% losses in corn and soybeans.
10 Oct 2008, 1:46 pm | click here to view more
Most commodities rise as energy markets eye Gustav (AG Weekly)
NEW YORK - Most commodities prices advanced Wednesday, lifted by the rising price of oil as traders eyed the trajectory of Tropical Storm Gustav. The storm, though downgraded from hurricane status, appeared headed for the Gulf of Mexico, where key oil facilities are located.
10 Oct 2008, 11:09 am | click here to view more
Commodities prices dive as dollar surges vs. euro (AG Weekly)
NEW YORK 10/02/08 - Commodities prices plunged Thursday as a rapidly strengthening dollar and more gloomy readings on the economy compelled investors to dump positions in gold, grains and energy.
10 Oct 2008, 11:07 am | click here to view more