Dow Jones & Company Inc.
The Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures prices settled lower on Wednesday, following signs of continued weakness in the economy, as crude oil and the Dow Jones Industrial Average fell. Lean hogs were sharply lower, while pork bellies closed higher in the front months but lower
Dow Jones & Company Inc.
The Chicago Mercantile Exchange (CME) lean hog futures saw a significant rally in Monday's session, driven by technical buying and the upcoming roll activity. The 2009 contracts showed strong gains, although the 2010 months started off lower. Analysts pointed to some follow-through buying from the previous Thursday'
Dow Jones & Company Inc.
The United States livestock market is facing an uncertain period ahead of the Independence Day holiday, with about half of the nation's pork plants scheduled to close on Friday. This move comes as deeply negative processing margins and tightened offerings by hog producers lead to speculation that some
Dow Jones & Company Inc.
The Chinese government's announcement that it has completed stockpiling a range of industrial metals is likely to dampen prices in the near term, but analysts predict that prospects for a stimulus-driven revival in demand could sustain or limit the downside of this year's metals rally. Aluminum
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Investors flocked back to the stock market as earnings reports and economic data hinted at a possible economic recovery. Home builders and retailers led the charge, with the Dow Jones industrial average surging 173 points after four days of losses. Analysts pointed to the resilience of consumer spending, with retailers
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Copper futures experienced a significant rebound on Tuesday after a day of sharp retreat due to fund selling. The weakening US dollar provided support to copper, with September copper futures rising 6.8 cents to settle at $2.2120 a pound on the Comex division of the New York Mercantile
Dow Jones & Company Inc.
Crude oil prices have been climbing steadily over the last few months on expectations of an economic recovery driving up demand. However, a strong recovery in the dollar and concerns about the pace of economic recovery have caused oil prices to plummet. Investors are increasingly turning to the dollar as
Dow Jones & Company Inc.
Gold prices are expected to open lower on the Comex division of the New York Mercantile Exchange, with August futures projected to fall by around $6 an ounce and July silver by 50 cents an ounce, according to electronic activity ahead of the pit session. The stronger dollar and a
Dow Jones & Company Inc.
The New York Mercantile Exchange (Nymex), a unit of CME Group Inc., has decided against changing its traditional 2:30 p.m. Eastern settlement time for oil futures in response to a shift in policy by major oil information service Platts. The shift, which involves referencing futures prices at 3:
Dow Jones & Company Inc.
Copper futures experienced a mixed day on Wednesday, with July copper rising 0.15 cents to settle at $2.3670 a pound on the Comex division of the New York Mercantile Exchange. Analysts attributed the consolidation to a stronger U.S. dollar, which put pressure on the metal. However, copper
Dow Jones & Company Inc.
Gold prices are expected to open trading in New York around $5 an ounce higher on Tuesday, June 2, 2009, as the dollar continues to falter and investor demand for the precious metal remains strong. The spot gold price was trading at $983.55, up $8.45 from the previous
Dow Jones & Company Inc.
Copper prices are anticipated to increase by 6 cents a pound due to the weakening US dollar, improvements in China's manufacturing data, and speculative short covering, according to analysts. This comes as London copper prices have reached an eight-month high. In addition, the euro has strengthened against the
