FT Alphaville » China’s Literally Ground-breaking Copper...
Remember how China was being buried alive in copper a few months ago? The stuff was piling up in carparks? Now it’s even WORSE.Judy Zhu and Han Pin Hsi, the Standard Chartered analysts who brought us the carpark images back in April, have been on another fact-finding mission, this time
Get Ready For QE3? | Benzinga
Stocks have been rallying sharply, and bonds have been selling off in one of the most powerful rallies in some time, with the Dow Jones Industrial Average gaining more than 1,000 points in seven trading days. It has been hard to justify the reason for the move upwards, as nothing has really changed
How To Trade The Apocalypse | Benzinga.com
We saw weaker than expected durable good orders for June this morning, renewed concerns over the debt ceiling here in the United States, problems in Europe and everything else imaginable.June durable goods came in at -2.1% versus estimates of 0.3%. Excluding transportation orders, economists were
How To Play The Chinese Rate Hike | Benzinga.com
This morning, the People's Bank of China announced it would be raising its key interest rate by 25 basis points, effective tomorrow to combat price stability and curb inflation. The move had been expected, but what was not expected was the timing.
China Doing To Copper What It Usually Does To Dissidents |...
China is absolutely murdering copper prices again today, as it ramps down purchases of the useful metal. Copper is down almost two percent this week, with half of the losses coming today.Copper has gone down for three months now, with China's disinterest in the metal leading the charge.
Watch Copper Today
Copper is getting hit hard today, down over 1% as Federal Reserve Chairman Ben Bernanke holds his first ever press conference after the FOMC meeting concludes today.Copper is a leading indicator of economic demand, as it's used it pretty much everything, from housing, wires, and thus higher prices
Zambia May Earn $7 Billion From Copper Exports
According to this article from Bloomberg, Zambia could earn as much as $7 billion from exports of copper Finance Minister Situmbeko Musokotwane said yesterday.Musokotwane spoke to Bloomberg by phone yesterday, and said, "This can be attributed to increased copper production by mining companies
How To Play QE3 (CAT, FXY, JJC, FCX) | Benzinga.com
The Bank of Japan and the G7 announced that they would be intervening in the foreign exchange markets to prevent "excess volatility",The G7 announced they will cooperate as appropriate in the foreign exchange markets and combat excessive FX volatility.The Bank of Japan said it would "pursue
Innocent Until Proven Guilty | ChessNwine
Today is a pretty good example of the danger in trying to nail a market top to the exact tick. if you had loaded up the little, yellow short bus when the S&P 500 hit 1171 earlier today, you would be sitting on a loser right now. Much worse than a mere intraday loss is the prospect that today was
US STOCKS SNAPSHOT-Wall St Loses Ground, Resource Shares Drag...
NEW YORK July 12 (Reuters) - U.S. stocks gave up earlier gains on Monday as investors fretted about Europe's fiscal issues and financial sector, while technology stocks lost some strength.* The materials sector came under pressure after weekend data from China showed the country's copper demand
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