Articles of Interest

Real estate overtakes commodities as top sovereign asset

Real estate topped the list of sovereign wealth funds’ investments last year, overtaking commodities and financial services, according to Institutional Investor’s Sovereign Wealth Center. Properties made up 26 percent of investments by these funds last year, up from 14 percent in 2011, according to the center’s report on investment trends by the funds released today. ... Read More

Rare earths, oil, gas, other commodities up for grabs

It won’t be long before the essential raw minerals and commodities of the planet’s Far North such as rare earths, oil and gas get gobbled up by the industrialists. On Wednesday, the Arctic Council granted China, India, Italy, Japan, Republic of Korea and Singapore new Observer States status. Essentially, the six nations gained rightful entry ... Read More

WTI fluctuates after gaining most in week; OPEC exports may rise

West Texas Intermediate crude swung between gains and losses after rising the most in a week. OPEC was forecast to increase crude exports this month to meet rising demand from Asian refiners. Futures fluctuated in New York, heading for the first weekly decline in four weeks. The Organization of Petroleum Exporting Countries will ship 23.87 ... Read More

Trade Idea: Sell gold as it looks for a retest of 1,321

There is a lot of chatter about demand for the physical right now, especially out of Asia. But I’m a chart bod and my chart tells me this has significant downside risk just now.

Trade Idea: Signals point to new lows for gold

The market has been posting lower monthly highs since November and prices have ended a sequence of higher yearly lows, which is bearish for sentiment.

Trade Navigator: Friday, May 17

The Trade Navigator provides you with daily technical insight into almost 200 instruments ranging from FX to equities, commodities and bonds.

Commodities revenue at 10 top banks seen down 54pct in 1st Quarter

Commodities revenue at the 10 largest banks fell 54 percent in the first quarter from a year earlier, according to analytics company Coalition. Commodities revenue of the top banks in the Coalition index dropped to $1.2 billion from $2.6 billion a year earlier, the London-based Coalition said in an e-mailed report today. Revenue fell 24 ... Read More

Global growth key to boosting industrial commodities

It’s a dichotomy that has agitated equity market naysayers for many months. How can stocks be so bullish when growth-sensitive commodities are having such a rotten time? In other words, why are central banks’ quantitative easing programmes helping the S&P 500 so much more than, say, copper? Julian Jessop, head of commodities research at Capital ... Read More

Wall St commodity slump deepens in Q1, led by Morgan Stanley

Global investment banks suffered another bruising decline in commodity trading in the first three months of this year, new reports showed on Wednesday, with Morgan Stanley’s revenues collapsing to a quarter of what they were a year ago. Morgan Stanley Q1 commodity revenues fall 77 pct. While industry heavyweights Goldman Sachs and JPMorgan reported slightly ... Read More

Trade Navigator: Thursday, May 16

The Trade Navigator provides you with daily technical insight into almost 200 instruments ranging from FX to equities, commodities and bonds.