COMMODITIES

Broad-basket commods funds post largest net inflow in seven years

Broad-basket commods funds post largest net inflow in seven years

Published 15/02/2018

NEW YORK (Reuters) - Financial advisors and smaller retail investors, wary that inflation may be brewing again, ratcheted up their bets on funds in Morningstar’s [more…]

Data overload: commodity hedge funds close as computers dominate

Data overload: commodity hedge funds close as computers dominate

Published 12/02/2018

Chocfinger made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel. [more…]

Goldman loses more commodities traders in broader overhaul

Goldman loses more commodities traders in broader overhaul

Published 31/01/2018

NEW YORK (Reuters) - Several key commodities traders are leaving Goldman Sachs Group Inc, sources said on Wednesday, the latest wrinkle as the Wall Street [more…]

Factbox: Effect on commodities markets due to U.S. government shutdown

Factbox: Effect on commodities markets due to U.S. government shutdown

Published 22/01/2018

FILE PHOTO: The U.S. Capitol is seen from behind trees after President Donald Trump and the U.S. Congress failed to reach a deal on funding [more…]

China’s commodity imports roar back in November

China’s commodity imports roar back in November

Published 08/12/2017

FILE PHOTO: An employee rides a bike on a road near refinery plants of Chambroad Petrochemicals, in Boxing, Shandong Province, China, May 10, 2016. REUTERS/Meng [more…]

Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

Published 21/09/2017

Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back. [more…]

Top banks` commodities revenue drops 7 percent in 2016: survey

Top banks` commodities revenue drops 7 percent in 2016: survey

Published 23/02/2017

The offices of international finance companies are seen in the financial district of Canary Wharf in London, Britain, January 26, 2017. REUTERS/Eddie Keogh

Commodities-related revenue at the 12 biggest investment banks fell by 7 percent last year, mainly due to weakness in the oil sector, a report by financial industry analytics firm Coalition said on Thursday.

[more…]

Wall Street challenges U.S. regulator over proposed commodities rule

Wall Street challenges U.S. regulator over proposed commodities rule

Published 21/02/2017

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly

Wall Street is pushing back against a proposed rule to force U.S. banks like Goldman Sachs Group Inc to hold more capital against investments in commodities, placing what some see as an overly restrictive limit on banks' ties to the sector.

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Crude prices trade little-changed after Turkey’s failed coup

Crude prices trade little-changed after Turkey’s failed coup

Published 17/07/2016

NEW YORK Oil prices were either side of unchanged on Sunday in early trade as the impact from Turkey's failed military coup was broadly expected [more…]

China mutual funds turn to commodities, bet on reforms

China mutual funds turn to commodities, bet on reforms

Published 27/03/2016

SHANGHAI/SINGAPORE China's mutual fund industry is pushing to develop investment products linked to local commodity futures, betting that plans to fight chronic oversupply in the [more…]