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Discover Latest #Commodity News, Articles and Videos with Contenting
Commodity news can come from a variety of sources, including newspapers, magazines, websites, television and radio. In addition to news, there are also articles and videos about commodities that can provide insight into the markets and help traders make educated decisions. Commodity news can be found in print and online, and includes information about the prices, supply and demand of various commodities, as well as commentary from industry experts. Articles and videos can provide an in-depth look at the markets, including analysis of market trends and forecasts.
Kinder Morgan misses estimates, lowers annual profit forecast on weak prices
(Reuters) -Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday and lowered its annual forecast as the U.S. pipeline operator contends with weaker commodity prices and lower crude volumes. Shares of the company, whose pipelines move about 40% of total U.S. natural gas production, fell 2.6% in extended trade. "For the full year, we expect refined product volumes to be slightly below our plan to 2% over 2023," President Thomas Martin said in a conference call.
FTSE 100 drops as commodities sink, UK-centric stocks rally on rates hopes - UK Investor Magazine
The FTSE 100 was weaker on Tuesday as commodity companies dragged the index lower despite a rally in UK-centric stocks on interest rate hopes. London’s leading index was down 0.4% at the time of writing on Tuesday with oil majors shaving off a considerable number of points from the index. BP was the top faller, […]
Baystreet.ca - Economic Data Sends Markets Soaring
Canada's main stock index hit a record high on Thursday due to gains in financial and commodity stocks, and following Wall Street's rally spurred by U.S. retail sales data. The TSX Composite Index kept its win streak rolling, adding 106.15 points ...
Significantly lower Swiss Gold exports to India – Commerzbank
The record high price level is having a dampening effect on demand for Gold in Asia, as shown by data on Switzerland's Gold exports for September published yesterday by the Swiss Federal Customs Authority, Commerzbank commodity analyst Carsten Fritsch notes.
Will Gold continue to rise? – Commerzbank
This morning, the price of Gold reached a new all-time high of more than $2,700 per troy ounce, although the market is expecting significantly less interest rate cuts by the US Federal Reserve than at the beginning of the month and the US dollar has recently appreciated noticeably, Commerzbank commodity analyst Carsten Fritsch notes.