Commodity prices follow market pattern

Note: This section contains information in English only.
Source: CNN Money
© Scanpix/AFP

On Monday commodity value replicated trend of other markets and declined as investors are competing for gaining safe asset in form of cash on increased worries about debt distress across Europe and US. According to Carlos Sanchez, CPM Group's precious metals analyst commodity markets in Europe and US is 3% and 2% off respectively while Asia has lost more than 2%. Oil prices also have diminished by 75 cents reaching $96.92 per barrel.

Back to articles

Actual Topics

Tue, 22 Nov 2011 13:52:04 GMT

LDK Solar experiences loss

LDK Solar Co., the Xinyu City, China, producer of solar energy products reports about loss in Q3 caused by decline in sales by 30%.The loss is estimated as $114.5 million compared to net profit of $93.4 million in the same period in 2010. The demand was lower than anticipated, said Xiaofeng Peng, Chief Executive. The total sales for the year projected by the company

Tue, 22 Nov 2011 13:49:11 GMT

Western countries against Iranian nuclear program

US, UK and Canada imposed sanctions on Iran as there are growing worries about Iran's nuclear program. UK's banks were forced to discontinue all financial transactions with Iran's credit institutions while Canada plans to ban some exports from Iran like oil and gas. UN report states Iran develops a nuclear weapons; however, Iran claims the nuclear program is only for civil purposes. China and Russia

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
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.