Losses are estimated to be between $350 million and $450 million before taxes
Expansion of nuclear power pushes up both uranium and molybdenum prices
Uranium prices at US$95 are now double the previous peak in 1978
Basket of commodities includes crude oil, copper, nickel and zinc
The UK’s Financial Services Authority published a paper, which examines the recent growth in investment in commodity markets, concluding that markets have changed significantly, creating new issues which need to be understood.The paper notes that the recent growth in commodity markets with record prices, high volatility, and the high returns to be gained have attracted […]
Index now sports a much increased weight for oil & gas component
Investment funds take profits in base metals
Strong upward underlying trend in many of the soft commodities
New company to be based in Calgary
UBS AG and Bloomberg L.P. today launched the UBS Bloomberg Constant Maturity Commodity Index family. This global index family will not only cover a broad range of commodities, but will also introduce a time dimension by providing access to a range of different investment maturities for each of these commodities. The index family will be […]