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business / Finance - Commodities

Technical Oil (2009-10-09)
Technical analysis for crude oil with major support and resistance levels and recommendations for 9-10-2009
IB Times Friday, October 09, 2009

Silver Technical Precious Metals (2009-10-09)
Technical analysis for precious metals with major support and resistance levels and recommendations for 09-10-2009
IB Times Friday, October 09, 2009

Gold Technical Precious Metals (2009-10-09)
Technical analysis for precious metals with major support and resistance levels and recommendations for 09-10-2009
IB Times Friday, October 09, 2009

Fundamental Oil Report (2009-10-09)
Black gold market prices rallied yesterday as a result of a weak federal currency against major currencies, and as commodities are priced in dollars it becomes cheaper as an investment for investors holding a stronger currency. Also oil prices were supported from the upbeat U.S. economic data revealing that the U.S. economy shed fewer jobs that it was presumed, and this helped restored optimism in markets especially since the U.S. is known as the world's biggest crude consumer
IB Times Friday, October 09, 2009

Ore deal unlikely until 2010: Rio
RIO Tinto's head of iron ore says a deal with China on 2009 contract iron ore pricing may be delayed until next year.
The Australian Friday, October 09, 2009

Oil falls towards $71 on dollar recovery
Oil fell toward $71 a barrel on Friday, trimming a 3 percent gain in the previous session, as a bounce in the dollar outweighed a more positive demand outlook from the International Energy Agency.
IB Times Friday, October 09, 2009

Philippines to buy more rice after floods
Massive flooding triggered by heavy rains in the northern Philippines hit the country's main rice producing provinces, pushing up the volume of the cereal the world's biggest rice importer will have to buy
FT Friday, October 09, 2009

Crude Oil Price near Short-Term Peak; Correction on the Way?
Crude Oil's price has held steady between $66 and $74 a barrel over the past 3 months and recent price behavior doesn't suggest any changes in this pattern. After climbing back above $70 a barrel this week, the price of Crude Oil has seemingly reached a short-term peak and may head downward as this week comes to an end
IB Times Friday, October 09, 2009

Comments for October 9, 2009
Higher to sharply higher closes on Thursday for copper, gold, silver and platinum. All of the metals are still in up-trends with copper's sharp rally ending my sell signal but still is in a strong resistance area and can be sold up here if you are bearish Gold made a new CONTRACT HIGH AND CLOSE while silver made new recent high and close which pretty much tells the story. Platinum joined the rest of the metals with another strong settlement needing to close over 13500 again basis the January con...
IB Times Friday, October 09, 2009

Dollar's Rebound Won't Sustain as No Rate Hike from Fed Soon
Crude oil trades narrowly in European morning. As USD rebounds after Fed Chairman Ben Bernanke's speech about policy tightening, commodities pare gains.
IB Times Friday, October 09, 2009

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