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FX:Crude oil futures down 1.6%
  20 Jun 10:58
 
By: Sean Lee

The Nymex July futures contract is down another 1...
 
CC:Oil refinery in George Town slated
  20 Jun 10:55
 
Premier McKeeva Bush announced Friday that he has signed a ministerial memorandum of understanding with two companies proposing to build an oil refinery in George Town...
 
PAIV:Kidman Resources hits near surface high grade copper at Blind Calf
  20 Jun 10:51
 
Kidman Resources (ASX: KDR) has received assay results from the first two holes of the current 18 hole Phase three drilling program at Blind Calf in central New South Wales, confirming and extending earlier discoveries of copper...
 
BLBG:Gold May Advance as Greek Debt Crisis Increases Haven Demand; Silver Gains
  20 Jun 10:50
 
Gold may gain after European governments failed to agree on a Greek rescue package and signs the U...
 
BLBG:Funds Reduce Long Positions in Commodities in Bet Global Growth to Decline
  20 Jun 10:49
 
Funds reduced bullish bets on commodity prices for the first time in four weeks as Greece’s debt crisis spurred speculation that global growth will decline, curbing demand for raw materials...
 
BLBG:Australian, N.Z. Dollars Weaken as Greek Debt Concern Reduces Yield Demand
  20 Jun 10:34
 
The Australian and New Zealand dollars weakened against most of their major counterparts as concern the Greek government will fail to avoid a debt default sapped demand for higher-yielding currencies...
 
MC:Rupee down on local share, euro losses
  20 Jun 10:33
 
The rupee was down on Monday tracking losses in domestic shares and losses in the euro...
 
MC:Oil down in Asian trade
  20 Jun 10:29
 
Oil was lower in Asian trade on Monday on continuing fears over Greece\'s debt crisis and concerns over the US economy, analysts said...
 
MC:Oil set to continue sell-off; all eyes on FOMC, Greek woes
  20 Jun 10:25
 
Benchmark crude oil futures will likely extend last week\'s sell-off as the Federal Reserve may cut its US growth forecast for 2011 at its two-day policy meeting this week...
 
BLBG:Euro Weakens as Greece Debates Budget Cuts, Government Confidence Motion
  20 Jun 10:24
 
The euro fell against the dollar for the first time in three days as calls for new elections in Greece dimmed prospects for austerity measures needed to ensure an aid package to prevent the currency union’s first default...
 
BLBG:Oil Declines for Second Day on Concerns Over European Debt, Global Economy
  20 Jun 10:24
 
Funds reduced bullish bets on commodity prices for the first time in four weeks as Greek’s debt crisis spurred speculation that global growth will decline, curbing demand for raw materials...
 
BLBG:Oil Declines for Second Day on Concerns Over European Debt, Global Economy
  20 Jun 10:22
 
Oil declined for a second day in New York on speculation a weakening global economy and Greece’s debt crisis will lead to lower fuel demand...
 
IBN: Gold posts biggest one-day gain in 3 weeks
  18 Jun 11:04
 
By Frank Tang NEW YORK (Reuters) - Gold rose nearly 1 percent on Friday, notching its biggest one-day gain in three weeks, as a sharp dollar drop amid an outline agreement to aid debt-burden Greece boosted investor appetite across the board...
 
MW: High oil price good sign of growing economy
  18 Jun 11:04
 
In an interview to CNBC-TV18\'s Maneka Doshi, Rayan Detrick, Chief Strategist, Schaeffer’s Investment spoke about the impact of the Greece crisis on the world economy and on the high oil prices...
 
SG:Major nickel market developments in May
  18 Jun 10:56
 
Reuters reported that nickel prices were under pressure for much of May and still look vulnerable to further weakness as near-term demand worries dominate...
 
SG:Jinchuan Group cut ex works nickel price
  18 Jun 10:54
 
Last week, the ongoing unrest in the Middle East, Japan’s nuclear crisis, improving inflation in the euro zone as well as speculation that the US will shift to tighter monetary policies all supported the US dollar index to move around 76...
 
SG:Oil prices rebound slightly from heavy losses
  18 Jun 10:52
 
AFP reported that world oil prices rebounded slightly as traders went bargain hunting and after the International Energy Agency upgraded its forecast for global demand...
 
BLBG:U.S. Dollar Won’t Gain on Greek Crisis Due to Fed Rates Policy, Merk Says
  18 Jun 10:49
 
The turmoil in the euro zone from the Greek debt crisis won’t spur appreciation of the dollar because of Federal Reserve policy, according to Axel Merk, president and chief investment officer at Merk Investments LLC...
 
BLBG:Gold May Drop as Growth Risk Hurts Commodities
  18 Jun 10:49
 
(Corrects order of name in ninth paragraph...
 
BT:CPO futures likely to see correction
  18 Jun 10:47
 
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are likely to see a correction next week, says Interband Group of Companies senior trader Jim Teh...
 
RTRS:METALS-Copper ends up despite dim economic prospects
  18 Jun 10:45
 
* Copper holds in face of economic growth concerns
* IMF cuts U...
 
BLBG:Canadian Dollar Falls on U.S. ‘Soft Patch,’ Drop in Crude Oil
  18 Jun 10:41
 
The Canadian dollar sank to the lowest since March versus its U...
 
BLBG:Dollar’s Decade-Long Bear Market Is Ending as Growth Slows, Citigroup Says
  18 Jun 10:33
 
The dollar is poised to reverse its almost decade-long bear market trend as global growth slows, Europe’s debt problems worsen and the Federal Reserve ends its asset-buying program, according to Citigroup Inc...
 
BLBG:Euro Strengthens From Lows as Germany Signals Compromise on Greek Crisis
  18 Jun 10:32
 
The euro rose from a record low versus the Swiss franc as German Chancellor Angela Merkel said yesterday she would work with the European Central Bank on a debt plan for Greece...
 
BLBG:Crude Oil Falls to Near a Four-Month Low on European Debt Crisis, Economy
  18 Jun 10:31
 
Crude oil dropped to the lowest price in four months in New York on doubts European efforts to resolve the Greek debt crisis will succeed, and on concern of reduced economic growth and fuel demand...
 
MW: Oil slips further as demand fears persist
 
 
Contract settles at lowest since mid-February, loses 6% on week


By Claudia Assis and Virginia Harrison, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude futures settled sharply lower Friday, adding to the week’s woes on persistent fears of slowing global growth and diminished demand...
 
BLBG:World Gold Council Says It Produced Draft Plan to Combat ’Conflict Gold’
  18 Jun 10:18
 
Gold producers are planning to join the diamond industry to create a system to certify that bullion purchases aren’t funding conflict in Africa...
 
MW: Crude oil keeps losses after data, gold trades up
  17 Jun 19:49
 
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil futures held to losses Friday after a report showed a gauge of U...
 
MW: Euro gains more on Greece deal hopes
  17 Jun 19:49
 
By Lisa Twaronite and Deborah Levine, MarketWatch
NEW YORK (MarketWatch) — The dollar extended losses against the euro on Friday, after the single currency turned up in the European session, as investors breathed a collective sigh of relief that the continent’s political leaders appear more likely to agree on a way to help Greece bear its debt burden...
 
MW: Consumer sentiment falls in June
  17 Jun 19:40
 
By Ruth Mantell, MarketWatch
WASHINGTON (MarketWatch) — A gauge of consumer sentiment fell to 71...
 
BLBG: Crude Oil Falls to Near a Four-Month Low on European Debt Crisis, Economy
  17 Jun 19:39
 
Oil fell to the lowest level in almost four months in New York on doubts that a German willingness to compromise on the Greek debt crisis will settle markets and spur economic growth...
 
BLBG: Corn Gains on Speculation U.S. Ethanol Output Won’t Decline
  17 Jun 19:38
 
Corn rebounded after falling to a three-week low on speculation that ethanol producers won’t reduce purchases of the grain after the U...
 
RTRS: PRECIOUS-Gold cuts losses, eyes on Greece
  17 Jun 19:37
 
By Marie-Louise Gumuchian
LONDON, June 17 (Reuters) - Gold cut losses to trade steady
on Friday as the dollar weakened and the Greek debt crisis
raised risk aversion, which could still spur safe haven buying...
 
BLBG: U.S. Stocks Snap Six-Week Decline
  17 Jun 19:37
 
U...
 
BLBG: U.S. Consumer Confidence Falls to 71.8 From May’s 74.3 in Michigan Index
  17 Jun 19:31
 
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment in the U...
 
RTRS: Consumer sentiment worsens on economic jitters
  17 Jun 19:30
 
U...
 
MW: Dollar, Treasurys down after confidence index
  17 Jun 19:30
 
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar stayed down and Treasury prices clung to a small decline on Friday after a report showed an index of consumer sentiment fell more than expected this month...
 
MW: May leading economic indicators up 0.8%
  17 Jun 19:29
 
By Steve Goldstein
WASHINGTON (MarketWatch) - The U...
 
MW: Consumer sentiment index declines to 71.8 in June
  17 Jun 19:29
 
By Ruth Mantell
WASHINGTON (MarketWatch) -- A gauge of consumer sentiment declined to 71...
 
MW: Financials up on Greek issue, rating agencies fall
  17 Jun 19:25
 
By Greg Morcroft
NEW YORK (MarketWatch) U...
 
FXS: Commodities Technical: Gold, Natural Gas, Oil
  17 Jun 19:06
 

The gold markets were fairly volatile on Thursday, but in the end found price rising slightly...
 
FRS: Australian, N.Z. Dollars fall for third day as Asian stocks fall on Greece
  17 Jun 19:06
 
The Australia and New Zealand dollars weakened for a third day as a decline in Asian stocks damped demand for higher-yielding assets...
 
BS: U.K. Stocks Rise From Three-Month Low as Mining Companies Climb
  17 Jun 19:04
 
June 17 (Bloomberg) -- U...
 
MW: Euro turns up, Treasurys fall on Greece deal hopes
  17 Jun 19:04
 
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices fell on Friday, pushing yields up, and the euro extended gains after turning higher in the European session, as investors breathed a sigh of relief that the continent\'s political leaders appear more likely to agree on a way to help Greece bear its debt burden...
 
MY: Oil falls below $94 amid stronger US dollar
  17 Jun 19:03
 
Oil prices dropped below $94 a barrel Friday amid a stronger dollar and renewed concerns about demand for crude after mixed signs about the U...
 
FX:Oil bounces off 4-month lows on Greece deal optimism
  17 Jun 18:10
 
FXstreet...
 
WSJ:Spot Gold Falls on Stronger Dollar
  17 Jun 18:07
 
By RHIANNON HOYLE

LONDON—Spot gold was lower in Europe Friday as a stronger dollar put a crimp on demand for the yellow metal as an alternative asset...
 
FX:Commodities Fundamental: Gold, Natural Gas, Oil
  17 Jun 17:52
 
Gold Daily Fundamental Analysis
Gold held its grounds on Thursday after ending with gains on Wednesday amid heavy market selloff and losses across the board...
 
CO:India Rupee settles lower on weak domestic shares
  17 Jun 17:49
 
MUMBAI (Commodity Online): The Indian rupee extends its losses in line with negative local shares on Friday, June 17, 2011 as well as due to dollar purchases by oil companies...
 
TB:Currency: Rupee eases, overnight rates rise
  17 Jun 17:40
 
KARACHI: The rupee eased to 85...
 
CV:Gasoline prices skidding downward at last
  17 Jun 17:39
 
Gasoline prices are dropping by a hefty penny-a-day rate across most of California this week, according to price surveys Friday...
 
WSJ:Oil Trims Early Losses
  17 Jun 17:37
 
LONDON—Crude oil futures were down, but trimmed earlier losses as the euro rebounded from near three-week lows on unconfirmed rumors of a new Greek loan deal...
 
EC:Commodities: Gold prices decline along with oil prices
  17 Jun 17:33
 
The spot gold price is 0...
 
DB:Silver becomes cheaper by R 50, gold price gains R 45
  17 Jun 17:19
 
Gold prices went up while silver lost some shine on Friday...
 
MW:Nifty remains below 5400 again; oil & gas, tech, autos drag
  17 Jun 17:16
 
Indian equity benchmarks closed lower for third consecutive session on Friday, with falling about 2% for the week and more than half a percent in today\'s trade...
 
BLBG:Gold May Fall for a Second Day in London Trading on Oil Decline, Equities
  17 Jun 17:14
 
Gold may decline for a second day in London as a drop in oil prices curbs demand for an inflation hedge and as some investors sell the metal to cover losses in other assets including equities...
 
BLBG:Corn Advances on Speculation U.S. Ethanol Producers Won't Scrap Purchases
  17 Jun 17:14
 
Corn rebounded after falling to a three-week low on speculation that ethanol producers won’t reduce purchases of the grain after the U...
 
BLBG:Euro Gains After Sarkozy Announces Greek Crisis ‘Breakthrough’ With Merkel
  17 Jun 16:56
 
The euro gained versus the dollar for a second day as French President Nicolas Sarkozy said a “breakthrough” had been made on the Greek debt crisis, following a meeting with German Chancellor Angela Merkel...
 
MC:Edible oils remain weak on reduced offtake, global cues
  17 Jun 16:52
 
Weak conditions continued to prevail on the wholesale oils and oilseeds market on Friday with select edible oil prices fell further up to Rs 100 per quintal due to reduced offtake by stockists and vanaspati millers at prevailing levels amid weakening global trend...
 
CW:Weaker demand softens oil, gasoline prices
  17 Jun 16:51
 
National average gasoline prices have dropped about a quarter per gallon over the past two weeks, ending Thursday at $3...
 
IR:Fall in Gold Price Fails to Spur Demand
  17 Jun 16:50
 
Despite a recent decline in the price of gold, demand for the precious metal remains weak in Burma, while the number of those seeking to sell has increased, according to sources...
 
MS:Greek Tragedy, Double Dips and Magpies' Gold
  17 Jun 16:49
 
Greek Tragedy, Act II
It’s been a turbulent week for equity and bond investors alike, with Greece causing tragedy on both markets...
 
IB:India gold eases with world markets; demand poor
  17 Jun 16:47
 
MUMBAI (Reuters) - India\'s gold futures eased on Friday afternoon on a drop in the overseas market, but a weak rupee limited the downside, though spot demand was weak, and dealers said...
 
PL:Asian medium-sweet crude premiums likely to soften on Cossack output
  17 Jun 16:46
 
Singapore (Platts)--17Jun2011/704 am EDT/1104 GMT

Premiums for medium-sweet crudes grades might come under further pressure once the Cossack field starts production in October, trading sources said Friday...
 
RTN:Gold Little Changed Amid Weak Dollar, Greece Anxiety
  17 Jun 16:45
 
(RTTNews) - The price of gold was flat Friday morning as traders await cues from the ongoing developments in Greece...
 
EC:UBS Unveils Natural Gas, Oil “Contango ETNs”
  17 Jun 16:38
 
The latest innovation in the commodity ETP space came from UBS on Thursday, as the company rolled out a pair of products designed to exploit contango in two of the most heavily-traded energy futures markets...
 
WSJ:OIL FUTURES: Oil Trims Earlier Losses On Greece Deal Rumours
  17 Jun 16:32
 
By Konstantin Rozhnov
Of DOW JONES NEWSWIRES
LONDON (Dow Jones)--Crude oil futures were down, but trimmed earlier losses as the euro rebounded from near three-week lows on unconfirmed rumors of a new Greek loan deal...
 
RTRS:Rupee weak on local shrs; exporters put brakes on fall
  17 Jun 16:31
 
(Reuters) - Rupee weakened in afternoon trade on Friday in tandem with the fall in domestic equities, but dollar selling by exporters around the level of 44...
 
CO:Barclays: US nat gas settles lowerG
  17 Jun 16:28
 
LONDON (Commodity Online): US natural gas markets settled much weaker on a storage injection that was in line with consensus expectations...
 
IF:Oil pricing – a tale of speculators and OPEC
  17 Jun 16:22
 
With the only risk of substantial market movement seen on the upside, the Organisation of Petroleum Exporting Countries (OPEC) backed off from any action at its latest meeting...
 
 
 
...
 
CN:Crude Oil May Bounce with S&P 500, Fading "Tail Risk" Threatens Gold
  17 Jun 15:58
 
Crude Oil May Bounce, Quadruple Witching Clouds Outlook

WTI Crude Oil (NY Close): $94...
 
DD:Gold rises further to Rs 22,630 on seasonal demand
  17 Jun 15:57
 
Gold rose further by Rs 45 to Rs 22,630 per 10 grams today on sustained local buying support despite a weakening global trend, while silver met with resistance at high levels and shed Rs 50 to settle at Rs 53,550 per kg...
 
ET:Gold eases with world markets; demand poor
  17 Jun 15:57
 
MUMBAI: Gold futures eased on Friday afternoon on a drop in the overseas market, but a weak rupee limited the downside, though spot demand was weak, and dealers said...
 
ET:Rupee weak on local shares; exporters put brakes on fall
  17 Jun 15:56
 
MUMBAI: Indian rupee weakened in afternoon trade on Friday in tandem with the fall in domestic equities, but dollar selling by exporters around the level of 44...
 
EF:Goldman hire reaps early reward at Evercore
  17 Jun 15:55
 
Raymond Strong, an energy banker who moved to Evercore Partners from Goldman Sachs in April, has emerged as one of the leading advisers dispatched by the boutique to work on a multi-billion dollar US deal in the sector...
 
KT:Euro slides near 3-week low on debt woes
  17 Jun 15:54
 
TOKYO/SYDNEY - The euro fell on Friday, inching closer to a three-week low versus the dollar on worries on how policy makers will tackle Greece’s debt crisis with no apparent solution in sight...
 
FX:LME MORNING - Base metals drift as Greek crisis saps confidence
  17 Jun 15:53
 
By: Barbara Stcherbatcheff

London 17/06/2011 - Base metals were mixed on Friday on the LME ahead of a report from the US conference board which may show that leading indicators rebounded last month, while worries about the fate of Greece heightened risk aversion as the heavily indebted country attempts to avoid default...
 
UU:Rada Allows Export Gas Mined In Ukraine
  17 Jun 15:52
 
The Verkhovna Rada has allowed using natural gas mined in Ukraine for fulfillment of treaty obligations on exportation of natural gas under the existing contracts in compliance with intergovernmental agreements...
 
MS:No Russia gas deal seen during Chinese leader's visit
  17 Jun 15:50
 
Moscow - A high-profile visit by Chinese President Hu Jintao to Russia will not produce a major natural gas deal between the two countries, as had been hoped, Russian officials said Friday...
 
BS:Futures and Commodities – Oil Gold and Silver Prices Higher in New York but Lower in Asia
  17 Jun 15:49
 
(Best Syndication News) Although crude oil, gold and silver were higher in New York Thursday, prices are moving lower in Tokyo on Friday (see charts below)...
 
HT:Oil turns lower in Asia on eurozone debt fears
  17 Jun 15:47
 
Crude prices reversed earlier gains in afternoon trade Friday, turning lower as scepticism over a speedy resolution to European debt crisis derailed a bargain-hunting rally, analysts said...
 
RTRS:METALS-Copper stable, economy fears weigh, weak dollar supports
  17 Jun 15:42
 
* Physical copper demand seen picking up

* Nickel price fall overdone- Graber

* Coming up: ECB\'S Bini Smaghi speaks, Stockholm; 1100 GMT

(Recasts, add comments, details, pvs Singapore)

By Silvia Antonioli

LONDON, June 17 (Reuters) - Copper steadied on Friday as concerns over slower economic growth, which could weaken metals demand, weighed on market sentiment while a softer dollar lent support to prices...
 
BLBG:Pound Weakens Against Dollar Amid Concern Over Pace of Economic Recovery
  17 Jun 15:41
 
The pound weakened against the dollar for a fourth day as stocks declined, damping demand for assets tied to economic growth...
 
BLBG:Euro Erases Decline Against U.S. Dollar, Trades Little Changed at $1.4208
  17 Jun 15:35
 
The euro erased a decline versus the dollar and pared its drop against the yen...
 
MSN:Edible oils remain weak on reduced offtake, global cues
  17 Jun 15:34
 
New Delhi, Jun 17 (PTI) Weak conditions continued to prevail on the wholesale oils and oilseeds market today with select edible oil prices fell further up to Rs 100 per quintal due to reduced offtake by stockists and vanaspati millers at prevailing levels amid weakening global trend...
 
SM:Oil and natural gas daily review (June 17, 2011)
  17 Jun 15:32
 
By Nirmal Bang



MARKET ROUNDUP


Crude oil rebounded on Thursday, buoyed by a forecast of higher demand from the International Energy Administration and better readings of the U...
 
WP:Oil falls to below $93 in Asia as investors mull stronger dollar, mixed US economic data
  17 Jun 15:31
 
SIGNAPORE — Oil prices tumbled to below $93 a barrel Friday in Asia amid a stronger dollar and mixed signs about the U...
 
WSJ:PRECIOUS METALS: Gold, Silver Lower In Asia; Eyes On Euro-Zone Meet
  17 Jun 15:30
 
By Arpan Mukherjee
Of DOW JONES NEWSWIRES

WELLINGTON (Dow Jones)--Precious metals were mixed in the Asian session Friday, with gold and silver drifting lower in a narrow band after see-sawing in earlier trade, as a possible Greek default and fears of contagion left investors jittery...
 
PAIV:Fairfax Market Report including Gold is off as the dollar climbs
  17 Jun 15:28
 
Metals prices continue to move broadly sideways on prospects for ongoing low interest rates
• Economic growth may broadly slow world wide but the effect of uncertainty in the banking system combined with ongoing low interest rates and a weaker US dollar should maintain key commodity prices eg copper...
 
SG:Profiting From a Divergence Between Gold and the Miners
  17 Jun 15:26
 
By Nathan Slaughter

I have a chart I have to show you...
 
CV:Gold Mantis Adjusts Private Placement
  17 Jun 15:24
 
June 17 – Suzhou Gold Mantis Construction and Decoration (002081) announced that it has adjusted its private placement plans, reports 163...
 
CC:Pan American Metals Of Miami Reports Gold and Silver Continuing to Rebound Following News from Europe
  17 Jun 15:21
 
(1888PressRelease) Gold and silver holding firm as euro slides and US inflation increases...
 
MW:Gold, silver drop as euro sinks; dollar jumps
  17 Jun 15:14
 
By Nick Godt, MarketWatch
MUMBAI (MarketWatch) — Gold and silver futures fell on Friday, as mounting concerns about a Greek default weighed on the euro, and with safe-haven bids benefiting the dollar instead of precious metals...
 
BLBG:Gold Drops on Strengthening Dollar, Selling to Cover Losses in Commodities
  17 Jun 15:02
 
Gold declined for a second day in London as a stronger dollar curbed demand for an alternative asset and as some investors sold the metal to cover losses in other commodities...
 
WSJ:OIL FUTURES: Oil Plunges On Greece Debt Worries, Strong Dollar
  17 Jun 14:22
 
LONDON (Dow Jones)--Crude-oil futures plunged almost 3% Friday as the dollar strengthened against the euro on worries about the Greek sovereign debt crisis...
 
CH:Oil junior profits from rail route
  17 Jun 14:21
 
An Alberta junior oil company is working on the railroad to get better prices for its Lloydminster area crude...
 
NS:Gas price rise for Queenslanders
  17 Jun 14:20
 
AAP

Gas prices will rise an average $24 a year for about 150,000 Queenslanders following a decision by the industry\'s regulator...
 
RTRS:Kenya shilling firms vs dollar, c.bank eyed
  17 Jun 14:19
 
* Shilling hit all-time low of 90...
 
RGJ:Raymond Gonzalez: Considering the strength of the U.S. dollar
  17 Jun 14:17
 
One of the most misunderstood economic topics for the average investor is the strength of the U...
 
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