Posts Tagged ‘germany’

Oil Isn’t the Only Commodity Threatened by Rise of Electric Cars

Monday, May 9th, 2016

The rise of electric cars and fall of diesel technology threatens an industry from South Africa to Siberia.

The bold plan by Tesla owner Elon Musk to produce 500,000 electric cars every year starting in 2018, promise to disrupt yet another market – platinum.

But it’s not just Tesla. More or less every car manufacturer is rushing to introduce electric cars to end use of petrol and diesel.

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Goldman Sachs think oil investors are up for a challenge

Friday, January 30th, 2015

Brent crude oil crisisCommodity trading online may take one of the largest hits in recent times according to Goldman Sachs and other reputable analysts.

Driven partially by the massive collapse in oil prices over the past month, analysts have cut their forecasts once again from neutral to underweight.

The sectors which are expected to be affected include energy, metals and livestock.

While some feel that a cut in OPEC oil production may serve to boost prices slightly, a slowdown in demand may hint at a more protracted downturn for the first half of 2015.
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Continued weak European economy

Tuesday, September 4th, 2012

European Union Brussels headquarterThis week’s commodity trading news serves not only to underpin the continued weakness of the European state of affairs but once again ties together the intimate relationship of commodities based on the strength of the dollar.

Ben Bernanke

Comments by Ben Bernanke at the latest conference in Jackson Hole seemed to hint that a further round of quantitative easing may be in the books for the near future; possibly as early as September’s FOMC meeting.

This has resulted in a substantially bullish outlook on the gold markets and the yellow metal’s price has hit a five-month high and many see gold testing 1700 dollars an ounce shortly.

These increased expectations for another round of quantitative easing (QE3) are seen as a bullish upside for most commodity traders while conversely the action is bearish for the US dollar.
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Stalled development in commodities temporary?

Tuesday, April 10th, 2012

Gold investmentCommodity prices have recently gone up widely, which has lead to that those who invested in the sector, not have been able to see their investments increase in value. But the last few days, oil prices as well as gold and copper have had its ups and downs. It is said to depend on if the oilstock in the U.S. and Europe reduces, but could also depend on the stable dollar.

Oil

The increasing oil price has been hampered in recent times. It has even declined slightly recently. The reason is said to be that the U.S. is considering to review its oil stocks, and maybe even release a part of this oil to the market, as well as the UK and France. It is in this case, a deliberate (more…)