Energy markets fell on the demand concerns

Note: This section contains information in English only.
Source: Dukascopy Bank
Energy markets were mostly lower on Tuesday on the firm US Dollar and demand concerns. Decline in Euro Zone's GDP, lower than expected GDP expansion in Australia and lower economic growth target in China all weighted down on the commodity group. Moreover,   supply side worries that pushed oil prices to several months high vanished. Iran allowed UN nuclear agency to access Parchin military base after formal agreement between two parties is reached. Natural gas futures bounced from 10-year low on the increased volatility as many traders started to close their positions after the commodity tumbled by 5% on Monday. However, mild weather forecasts in the US are expected to limit any upside. Meanwhile, investors remain cautious ahead of IEA weekly report on the US crude oil and natural gas stockpiles.


Back to articles

Actual Topics

Wed, 07 Mar 2012 18:05:18 GMT

Agricultural commodities were lower amid better weather in South America

Rural commodity futures declined on Tuesday on the negative global economic outlook. Stronger US Dollar also weighed on the group. Grain commodities lost spree provided by the lift in the soybean futures due to firm China's demand. Further, eased worries over South American crop conditions pushed grain prices down. Sugar lost 2.55% over the day as it came under additional

Wed, 07 Mar 2012 18:05:06 GMT

Industry metals were down amid disappointing GDP data

Base metals tumbled on Tuesday along with broadly stronger US Dollar and weaker equities. Industry metals were also pressured by disappointing GDP data from the EU and Australia that added to concerns over the global stagnation. Moreover, recent cut of China's economic expansion weighted down on the base metals pack. Aluminium continued to fluctuate on the high stockpiles at Shanghai

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.