A global
surge in commodity prices is pushing energy back to the top of law firms» agendas, especially in Scotland.
MELBOURNE — Rio Tinto Group's best profit in three years and a record dividend is yet another sign that miners are reaping the benefits of
a surge in commodity prices.
The Federal Reserve and its chairman on Wednesday repeated their position that
the surge in commodity prices — such as oil and food — would be «transitory.»
The surge in commodity prices increased the terms of trade — the ratio of the price of exported goods to the price of imported goods — in both economies, but the effect in Australia was far stronger than what we saw:
China's boom fed
a surge in commodities prices, but its industrial - and construction - based economy is changing and it is seeking to foster more growth in domestic consumption.
Billionaire real estate investor Sam Zell said
a surge in commodities prices are driving up building costs and may lead to higher apartment and office rents.
Not exact matches
Can Canada's manufacturing sector once again generate major growth for the economy as it did
in the decades before oil and other
commodity prices surged to record highs?
The reason why GDI started trending above GDP is the same reason wages have been growing faster than productivity: the
surge of
commodity prices, and of oil
prices in particular, since 2002.
The parallels with the recent Canadian experience are obvious: the
surge in the
prices of oil and other
commodities that began
in 2002 has been accompanied by a fall
in employment
in the Canadian manufacturing sector.
Gold, iron ore and oil
prices are seeing a rebound at the moment with many analysts believing that
commodity prices have «bottomed out» and are eyeing gains, but Goldman Sachs has issued a warning on the current
surge in commodities arguing that it is «not sustainable.»
Coupled with a continued uplift
in commodity supply — partially
in response to the huge
surge in construction of past years that led to the glut today — it's little wonder why so many remain downbeat on the prospects for
commodity prices in the years ahead.
In the past 48 hours, the
price of the
commodity has
surged up to 8 percent.
Those winter shutdowns were expected to dampen demand and
prices for Australian iron ore and coal
in particular, but
prices for both
commodities have remained strong; iron ore
prices have
surged 26 per cent since October 31 to be fetching $ US77.74 per tonne on Tuesday, according to Metal Bulletin.
These monster moves come despite a
surge in the U.S. dollar during November, a factor that normally weighs on
commodity prices.
Several developments
in the uranium space, including the restart of a reactor
in Japan that has been offline since the Fukushima disaster, have primed the
commodity for a
price surge.
On the other hand, China's seemingly insatiable appetite as an importer of raw materials has contributed to the
surge in world
commodity prices, including oil.
It was a bullish day for
commodities on Wednesday led by a
surge in crude oil
prices.
World food
prices posted their biggest monthly rise for four years
in June, buoyed by a
surge in sugar and increases for most other edible
commodities, the United Nations food agency said on Thursday.
Dairy
commodity costs have
surged in the space of just one month to cap off huge rises
in the
prices being paid out by processors over the last year, according to recently published data by DIN Consultancy.
When an asset class (e.g., stocks, bonds,
commodities, real estate, collectibles, etc.) skyrockets
in price — when it
surges higher without sufficient economic reason — a bubble develops.
Renewed Demand for Higher Risk Assets Fuels
Surge in Commodities A renewed surge in demand for yielding assets is helping to drive crude oil and gold prices overn
Surge in Commodities A renewed
surge in demand for yielding assets is helping to drive crude oil and gold prices overn
surge in demand for yielding assets is helping to drive crude oil and gold
prices overnight.
It has become so easy for the average investor to hedge against inflation
in this way that
commodity prices surge at the very hint of inflation.
Given the significant rise
in commodity prices, it's not hard to see why volume has
surged.