Posts Tagged ‘Greece’

Greece and EURO crisis – commodity trading news

Wednesday, July 1st, 2015

During the past week, headlines have centred on the crisis in Greece and its default on Eur 1.6 billion (£1.1 billion) of loan repayments to the IMF. Euro zone ministers refused to extend its bailout, having failed to agree on some of the terms and conditions. The group chairperson (Dutch Finance Minister, Jeroen Dijsselbloem) had previously said it would be “crazy” to extend the Greek bailout beyond its Tuesday deadline. Nonetheless, judging from reports after a conference telephone call with other Euro zone ministers, this position may have ameliorated as a fresh Greek application for an aid programme of some €29.1bn was to be considered today (Wednesday).

A Rough Road Ahead for Oil and Gold

Tuesday, May 12th, 2015

A Waiting Game for Gold?

In recent online commodity trading news, caution still seems to be the name of the game in terms of gold.

Indeed, its prices have still remained sluggish during the past week; holding firm between $1,800 dollars and $2,000 dollars per ounce.

Despite disappointing data emerging from the United States, gold has not yet experienced a significant rally. Some have cited this rather dull performance as being a result of rising bond yields.

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.

Key trading figures to be released from US department of Energy

Wednesday, June 12th, 2013

Trade commodity online with bear and bull trade signalsIn the latest round of commodity news, both oil and natural gas futures are forecast to trade throughout the day with a notable amount of volatility while trending towards a moderately bearish outlook.

This is partially caused by the June 11th release that showed a rise in WTI inventories. This is naturally coupled with fears of a stagnation in economic growth in China and the continuing sluggish situation in the European economy.