Tag Archives: Commodities

Aussie dollar slide continues

posted on May 10, 2013 at 8:07 am by Tim Seymour

Aussie dollar (FXA, quote) slide continues pushing through 1.00 and is looking to test June ’12 lows around .9612.  Commodity weakness along with the Royal Bank of Australia (RBA) cutting interest rates and its outlook is driving this move. 

Analysis Asia Commodities Currencies Tim Seymour

European Union macro falls after weak China results

posted on April 23, 2013 at 9:00 am by Tim Seymour

Last night’s macro in a word is terrible.  China PMI and German manufacturing offer no relief for commodities and they are linked. 

Analysis Asia Commodities Dollar Europe Tim Seymour

CAT: China better, US same, Europe lame; Mining outlook worse

posted on April 22, 2013 at 8:45 am by Tim Seymour

Caterpillar (CAT, quote) is seeing cuts going into a typically busy time of year and are not expected to recover much.

Developed Multinationals Mining Stocks Tim Seymour

Ten reasons to be scared

posted on April 17, 2013 at 9:09 am by Tim Seymour

My top ten reasons to be scared:

Analysis Banks BRIC Commodities Emerging Markets Insight Tim Seymour

China Game ON – What Did You Expect?

posted on March 5, 2013 at 12:17 pm by Tim Seymour

Last night China began the National Peoples Congress meetings (NPC) China makes it clear that they are targeting both growth and inflation and will tinker where they need to but the operative word is tinker.

China Dollar Emerging Markets Insight Real Estate Tim Seymour

China – What Happenned?

posted on March 4, 2013 at 9:00 am by Tim Seymour

China’s Shanghai Composite posted its worst move since November 2010 as the property index fell -9.3% and 90 stocks were limit down. 

Analysis China Tim Seymour

Analysts: Gerdau’s mining assets worth $3 billion, project’s stake sale positive

posted on March 1, 2012 at 8:01 am by Marta Dhanis

Itaú BBA believes that Metalurgica Gerdau’s (GGB, quote) mining assets could be worth $3 billion — a full 18% of the steel company’s market capitalization.

Brazil Latin America Mining Steel Stocks

Getting a handle on the long-term oil trade

posted on February 15, 2012 at 10:24 am by Richard Rittorno

WTI crude oil has been back on the rebound after traders received the U.S. API report reflecting the latest weekly inventory drawdown in eight weeks. Money flowing back out of the U.S. dollar as a safe haven also helps to send WTI higher.

Commodities Energy Oil

“Glenstrata” creates a fourth major miner (XSRAY, BHP, RIO, VALE)

posted on February 14, 2012 at 8:45 am by Tim Seymour

Last week’s $90 billion combination of miner Xstrata (XSRAY, quote) and London-traded Glencore put the pressure on everybody else in the commodity industry to find merger partners to achieve scale — and avoid being picked off one by one.

Commodities Mining Stocks Tim Seymour

Gold, oil, and Asian markets ended the week down on Greek concerns

posted on February 12, 2012 at 12:30 am by Jonathan Yates

Despite a tentative Greek debt agreement, the week ended with riots in Greece and falling Asian markets. The Nikkei 225 drifted below 9,000, while the Hang Seng Index and Standard & Poors Asia 200 Index all closed lower.

Asia Gold Greece Oil Stocks