Agricultural commodities rallied on supply concerns

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Source: Dukascopy Bank
Agricultural commodities rallied on Tuesday amid concerns over lower global crops. Unfavorable weather conditions in South America impacted severally the crops of grain commodities and coffee. At the same time, sugar remained resilient to the expected ample supplies. Corn futures extended the gains of the previous sessions on the speculation that the largest producers like Russia and Argentina plan to curb corn output. However, broadly stronger US Dollar and situation in Greece may limit the upswing.


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Wed, 25 Jan 2012 18:05:12 GMT

Energy

Energy markets faced mixed performance on Tuesday with rallying natural gas and heating oil and falling crude oil and Brent oil. Concerns over the spreading Euro Zone crisis and rising DOE inventories of oil both created downward pressure on the oil prices. Potential loses in oil price may be prevented by the expected Fed's decision to hold low interest rates

Wed, 25 Jan 2012 18:04:45 GMT

Oil falls, natural gas rallies

Energy markets faced mixed performance on Tuesday with rallying natural gas and heating oil and falling crude oil and Brent oil. Concerns over the spreading Euro Zone crisis and rising DOE inventories of oil both created downward pressure on the oil prices. Potential loses in oil price may be prevented by the expected Fed's decision to hold low interest rates

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