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commodities

ICE global and commodities derivatives open interest hits record high

January 29, 2024
Ice global and commodities derivatives open interest hits record high - photo licensed by shore news network.

(Reuters) – Intercontinental Exchange said on Monday that its global futures and options markets along with its derivatives in the commodities and energy segments logged …

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Commodities traders pledge at COP28 to protect South American grasslands

December 9, 2023December 9, 2023
Commodities traders pledge at cop28 to protect south american grasslands - photo licensed by shore news network.

By Jake Spring DUBAI (Reuters) – Eight of the world’s top commodities traders have pledged to stop buying soy from farms that ruin South American …

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Russia mulls extra tax for some commodities exports, including metals – sources

September 20, 2023September 20, 2023
Russia mulls extra tax for some commodities exports, including metals - sources - photo licensed by shore news network.

MOSCOW (Reuters) – Russia is considering imposing an additional tax tied to the rouble-dollar rate on exports of metals, fertilisers and some other commodities, sources …

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Goldman Sachs’ Jeff Currie, who predicted commodities supercycle, to retire

August 7, 2023

By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs’ global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity …

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Bank of England warns lenders over private equity, commodities exposure

July 3, 2023July 3, 2023
Bank of england warns lenders over private equity, commodities exposure - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) -The Bank of England said on Monday that banks may be underestimating their exposure to private equity and to commodity …

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Macquarie commodities and markets boss earns $39 million, trumping CEO

May 4, 2023
Macquarie commodities and markets boss earns $39 million, trumping ceo - photo licensed by shore news network.

SYDNEY (Reuters) – Macquarie Group’s commodities and global markets (CGM) division head earned about A$57.6 million ($39 million) for the year ending March 31, topping …

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BHP expects China to support commodities demand in 2023

January 18, 2023

(Reuters) – BHP Group Ltd on Thursday posted higher quarterly iron ore shipments that edged past expectations and said China was set to be a stabilizing …

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Australia’s sovereign wealth fund buys gold, commodities as shadow of 1970s looms

December 19, 2022December 19, 2022
Australia's sovereign wealth fund buys gold, commodities as shadow of 1970s looms - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as …

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Rare China protests roil global commodities markets

November 28, 2022November 28, 2022
Rare china protests roil global commodities markets - photo licensed by shore news network.

By Noah Browning, Pratima Desai and Michael Hogan LONDON (Reuters) – Global commodities markets were hit on Monday by worries over rare demonstrations in China …

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Commodities key for diversifying portfolio risk, says Goldman

October 24, 2022October 24, 2022
Commodities key for diversifying portfolio risk, says goldman - photo licensed by shore news network.

(Reuters) – Commodities remain a key asset class for diversifying portfolio risk despite continued underperformance to their own fundamentals given a strong dollar, rising recession …

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Goldman says commodities outlook strong, pullbacks a buying opportunity

July 8, 2022
Goldman says commodities outlook strong, pullbacks a buying opportunity - photo licensed by shore news network.

(Reuters) – The fundamental outlook for commodity prices is strong with inventories of metals and energy continuing to fall from low levels, Goldman Sachs said, …

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Hedge funds turn tail as commodities crumble on recession rumble: McGeever

June 28, 2022
Hedge funds turn tail as commodities crumble on recession rumble: mcgeever - photo licensed by shore news network.

By Jamie McGeever ORLANDO, Fla. – Buy and hold, maximum long. That has basically been the strategy for commodity hedge funds for the last couple …

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Traders can decide if Russian commodities deals are allowed -Swiss

May 17, 2022
Traders can decide if russian commodities deals are allowed -swiss - photo licensed by shore news network.

By Michael Shields ZURICH – Trading houses can decide for themselves whether commodity deals with state-controlled Russian companies meet the standard of being “strictly necessary” …

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China’s commodities consumption to slow, no longer ‘big bulls’, says analyst Mistry

May 11, 2022
China's commodities consumption to slow, no longer 'big bulls', says analyst mistry - photo licensed by shore news network.

By Mei Mei Chu KUALA LUMPUR – Buyers in China, the world’s second-largest palm oil importer, are “no longer big bulls” in the commodities markets …

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Brazil commodities sales to Arab nations soar as importers stock up on food

May 3, 2022
Brazil commodities sales to arab nations soar as importers stock up on food - photo licensed by shore news network.

By Ana Mano SAO PAULO – Brazilian exports to the 22 countries in the League of Arab Nations rose in the first quarter amid a …

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Florida man who defrauded elderly investors with fake commodities investment scheme sentenced to prison

April 22, 2022
Florida man who defrauded elderly investors with fake commodities investment scheme sentenced to prison - photo licensed by shore news network.

Seattle –A Cocoa Beach, Florida, man was sentenced today in U.S. District Court to 30 months in prison for wire fraud in connection with his …

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Toronto index falls as sliding commodities weigh on energy, material stocks

March 15, 2022
Toronto index falls as sliding commodities weigh on energy, material stocks - photo licensed by shore news network.

By Bansari Mayur Kamdar – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness in energy and metal prices due …

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Oil, commodities price shock could cost over 4% of global GDP, Trafigura says

March 9, 2022
Oil, commodities price shock could cost over 4% of global gdp, trafigura says - photo licensed by shore news network.

By Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global …

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Commodities market volatility sparks spillover concerns

March 8, 2022
Commodities market volatility sparks spillover concerns - photo licensed by shore news network.

By John McCrank NEW YORK – Wild swings in the prices of oil, metals and other raw materials generated more margin calls at trading firms …

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Goldman sees commodities rally on Russia-Ukraine crisis, sanctions

February 27, 2022
Goldman sees commodities rally on russia-ukraine crisis, sanctions - photo licensed by shore news network.

– Goldman Sachs expects a rise in the prices of commodities that Russia is a major producer of and lifted its short-term Brent crude forecast …

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Trader Indicted for Commodities Insider Trading Scheme

December 10, 2021
Handcuffs

A federal grand jury in Houston returned an indictment on Dec. 7 charging a natural gas trader for an insider trading scheme involving natural gas …

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