Recovery in commodities?

Commodities
Signs of recovery? Precious metals put since Draghi speech

The markets react quickly to political change, as evidenced by the strong performance of precious metals since Draghi's speech at the end of July. However, it will take time before that reflects a global growth recovery in hard data.


Nothing is certain, but it is showing signs of recovery

ECB President Mario Draghi as promised on July 26 to do everything to save the euro, he triggered a rally. In addition there are signs of recovery in the U.S.. Last week, the unemployment rate in the U.S. fell below 8%, the lowest level since Barack Obama took office in 2009.

Before we deal with the current economic situation in the U.S. and the euro zone, we first outline our assessment of the commodities market and our tactical asset allocation. As the chart shows, the markets react very quickly to monetary policy actions. Businesses and consumers, on the other hand need a little more time. So it will probably take a month to confirm the data our assessment of a moderate global recovery.


Overweight precious metals mined

Economic skepticism pushes oil and copper price

Growing doubts about an early recovery of the global economy weighed heavily on the commodity markets.

Frankfurt A barrel of U.S. WTI oil cost $ 91.42 with less than 0.5 percent on Tuesday. Brent oil prices were down 0.7 percent to $ 110.77. Copper traded 0.5 percent lower at $ 8,283 per tonne. Thus, all three remained within their margins in recent weeks.

COMMODITIES ECB chief gives oil and copper upswing

The strong commitment of the ECB's chief Mario Draghi, the euro zone gave investors renewed confidence. It also had an effect on the oil and copper prices. The prices climbed partly by over one percent.

Oil pump on an oil field in Oklahoma.
FrankfurtDas commitment of the ECB's chief Mario Draghi, the euro has given a boost on Thursday a number of commodities. The types of oil Brent and WTI prices rose by 1.4 percent to 105.80, or $ 90.18 per barrel. Copper traded one percent higher at $ 7,512 per tonne.

Commodities: Copper and aluminum solid

London 07/27/12 - The industrial metals go into the weekend with gains. After a turbulent week in the markets, which ended with the release of the latest U.S. economic data, the prices are where the last week has ended.

Investors react today to the movement in the euro zone. Yesterday, ECB chief Mario Draghi had announced their intention as part of the mandate of the ECB do whatever is necessary to get the euro. Thus, Draghi has caught harsh criticism of the Bundesbank. However, should the now well below the support rocking EU members Italy and Spain through its bond purchases is an important step to convince market participants. The yields of Italy and Spain have now fallen significantly, while that of Germany attracted. Today also Angela Merkel and French President Francois Hollande in a joint press release have announced that they are determined to "do everything possible to protect the euro zone." Both countries had the integrity of the euro-zone deeply committed.

Such statements are the ones who were waiting for. Although the statements are little more than the mere expression of intention, however, governments have finally committed to the outside to take bigger risks in order to defend the interests of Europe. The threatened downgrade of Germany's top credit rating from Moody's is likely Merkel have facilitated such a move.

Commodities: Wheat back more than 900 US dollars

Commodities in the evening: Wheat back more than 900 U.S. dollars
New York / Chicago / London - there on the commodities markets on Friday evening before a positive mood. Nymex traded on the New York U.S. light oil (August contract) is currently at $ 89.97 (+0.53 U.S. dollars). The August contract for a gallon of heating oil is traded in New York at $ 2.87 compared to the previous day 4 cents firmer. The August contract for a gallon of unleaded gasoline is trading at $ 2.85 5 cents firmer.

Invest now with products of Societe Generale in commodities.
The record for precious metals futures mixed. The price for one troy ounce of gold (August contract) become more expensive by 0.15 per cent to $ 1,617. The ounce of silver (August contract) traded 0.18 percent lower at $ 27.48. At the same ounce of platinum (August contract) at $ 1,408 (+0.27 percent) is traded.
The agricultural commodities tend to mix. The sugar futures (August contract) is trading at $ 22.40 per pound 0.42 percent weaker. The Future weaker for arabica coffee (August contract) traded at 173 cents per pound 0.46 percent. Cocoa (August contract) was last traded at $ 2,611 less per ton 2.45 per cent.

German commodity trade in focus

Commodity traders

Gerbrunn- We often get requests, so you can trade many commodities in the U.S. only and not in Germany, the experts of "commodity trader".

This would indeed be a very interesting possibility, especially since in this way the exchange rate fluctuations between the euro and U.S. dollar could be avoided and so few percentage points could achieve more in terms of performance.

Launched in Berngau

Four tons had come to visit Allershofen
NEUMARKT. The Bavaria-wide "regional energy initiative" of the Free
Voters began with an opening event in the district of Neumarkt.
The chairman of the Free Voters Berngau, Günter Müller, welcomed to
visit MdL Dr. Karl Vetter, Harald Hillebrand and Hermann Lorenz, both
member of the National Working Group on Energy and Environment of the
FW, as well as numerous non-partisan elected officials from the region
and interested citizens. They all brought together at least 4040
pounds on the scale of the host's energy, which he used for the
settlement of supplied biomass.
Albert Fiehl, energy and agriculture from Allershofen presented to
the guests before its first biogas plant. During a tour, he explained,
among other things, the receipt of raw materials, the gas production
process and plant performance. Allershofen is probably one of the
first "100-percent-EE-villages".