Archive for Commodities

Oil Supplies Are Getting An International Helping Hand

WallStreetDaily.com   French Prime Minister, Francois Fillon, says there’s a high probability that Europe and the United States will strike a deal on the release of strategic oil reserves in a bid to bring down prices and prevent a shortage. Fillon says: “If we reach an agreement with the other…

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Current Gold & Oil Trading Patterns Unfolding

By Chris Vermeulen, GoldAndOilGuy.com The past two months we have seen all the focus from traders and investors be on the equities market. And rightly so and stocks run higher and higher. But there are two commodities that look ready to explode being gold and oil (actually three if you…

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Big Data in Little Iceland

WallStreetDaily.com   With access to both geothermal and hydroelectric energy and a suitable climate for cooling, a carbon-neutral data center is providing data services from an old NATO base in Iceland. The facility was officially opened in February by Verne Global, but could be the first of many such centers…

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China’s Manufacturing Sector Declines for Fifth Straight Month

WallStreetDaily.com   China’s manufacturing activity dropped for a fifth successive month. HSBC’s Purchasing Managers Index (PMI) fell from 49.6 in February to 48.1 this month and points to a further weakening of the manufacturing sector. While input prices and raw materials costs stayed constant, analysts suspect that the manufacturing slowdown…

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Why Gasoline Prices Aren’t An Economic Threat

WallStreetDaily.com Gasoline prices are the latest boogeyman to have us all shaking in our economic boots. We’ve seen the doom-and-gloom story picked up by every news outlet from CNBC to The Wall Street Journal. It’s even been tweeted by John Boehner (though, I’m guessing for reasons other than economic analysis)….

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Why Gas Prices Aren’t An Economic Threat

WallStreetDaily.com Gasoline prices are the latest boogeyman to have us all shaking in our economic boots. We’ve seen the doom-and-gloom story picked up by every news outlet from CNBC to The Wall Street Journal. It’s even been tweeted by John Boehner (though, I’m guessing for reasons other than economic analysis)….

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How Will India’s Gold Import Crackdown Affect the Market?

WallStreetDaily.com Barely a few seconds went by when I didn’t see someone, or something, clad in green. Hardly surprising, really, given that I just spent the weekend of St. Patrick’s Day in one of my favorite cities – Boston. But while the world’s Irish population was going green in celebration…

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Gold, Silver, Oil and the Fear Index Trends

By Chris Vermeulen, http://www.GoldAndOilGuy.com This week may provide some trading opportunities for us if all goes well now that most traders are investors are all giddy about stocks again. Last week we saw money move out of bonds and into stocks and the bullishness vibe in the air reminds of…

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Cameron Offers Crude Symbol to Obama

WallStreetDaily.com British Prime Minister, David Cameron, after meeting with President Obama, said he would consider releasing strategic oil reserves to quell soaring fuel prices: “Short term, should we look at reserves? Yes, we should.” The United States is expected to issue a formal request, but as the United Kingdom has…

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Are Obama and Cameron About to Open the Oil Spigot?

WallStreetDaily.com Like a couple of best buds, they’ve hit a college basketball game, chowed down on hot dogs, talked sports and genuinely seemed to be enjoying each other’s company. Such are the images of President Barack Obama and British Prime Minister, David Cameron, this week. But amid the fun and…

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