China just bought 3 million metric tons of American soybeans
China purchased more than 3 million metric tons of US soy this week, reports said. The move nods to a bigger appetite than expected for the commodity as top-producer Brazil faces headwinds. Reuters reported that Tuesday saw China make the biggest one-day purchase of US soybeans in months. Loading Something is loading. Thanks for signing…
Nuclear-energy boom sends uranium prices soaring – with some mining stocks...
AI stocks have hogged the limelight, but another asset cluster has enjoyed a similar boom. Uranium and shares in companies that mine it have enjoyed a scorching rally on soaring demand. Nuclear energy is back in fashion as more reactors are planned amid a shift away from fossil fuels. Loading Something is loading. Thanks for…
Gold is set to rack up its best month since November...
Spot gold prices have jumped 8% since the end of September, topping $2,000 an ounce. Those gains have put the precious metal on pace for its best monthly performance since November 2022. Demand for safe-haven assets has surged since the start of the war between Israel and Hamas. Loading Something is loading. Thanks for signing…
Elite investor Jim Rogers rings the alarm on US debt and...
Jim Rogers warned about US government debt, de-dollarization, and multiple asset bubbles. George Soros' former business partner said stocks, bonds, and real estate are widely overvalued. Rogers touted commodities as offering good value, and dismissed the idea of the BRICS bloc. Loading Something is loading. Thanks for signing up! Access your favorite topics in a…
Hamas’ strike on Israel will force the market to ‘beg’ Saudi...
Oil prices jumped Monday, with traders worried that Hamas' attack on Israel could disrupt supply. Hedge fund manager Pierre Andurand expects the conflict to benefit Saudi Arabia, which recently started pumping out less crude. "The market will eventually have to beg for more Saudi supply," he said in a post on X. Loading Something is…
Oil prices shoot up and US stocks decline as Hamas’ attack...
Oil prices jumped as much as 5% Monday on fears Hamas' attack on Israel could lead to supply disruptions. US stock futures fell, while safe-haven assets like gold and the dollar surged. Wall Street is worried that Saturday's strikes could snowball into a wider conflict. Loading Something is loading. Thanks for signing up! Access your…
Here’s why the 30% surge in oil prices won’t derail the...
Crude oil has surged 30% since its late-June low, helping push up gasoline prices across the country.But Goldman Sachs said the rise in oil prices is a "manageable headwind" for consumers and the US economy.These are the three reasons why Goldman isn't concerned about the surge in oil prices. Loading Something is loading. Thanks for…
Oil is heading for $100 a barrel – and that could...
Oil prices have been on the rise in recent months and are heading towards $100 a barrel. That could push inflation back up, creating problems for the Federal Reserve. It's expected to hold interest rates steady Wednesday, but stress that the war on inflation isn't over. Loading Something is loading. Thanks for signing up! Access…
Discover what the different types of commodities are and how to...
Our experts answer readers' investing questions and write unbiased product reviews (here's how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own. Commodities are publicly traded tangible assets, agricultural products, and natural resources used in commerce and trade. Though highly volatile…
Bad weather, natural disasters, and disease are hobbling crops right now....
Natural catastrophes and bad weather have wreaked havoc on food crops across the world. Orange juice futures, cacao beans, and rice have hit all-time highs of late – while Chinese pork has slumped. Here's a round-up of the main movements in food commodity prices this week. Loading Something is loading. Thanks for signing up! Access…
