Commoditites news summary!

Trading commodities? Here is a news summary.

In the stock markets volatile times many traders are moving over to commodities. Here are a couple of the top news we push for. Have a great week!

Goldman Sachs is rethinking a business that has given it fits this year – Business Insider

… a Goldman Sachs spokesman, told Bloomberg in a statement. credit and securitization trading revenues jumped up 65 and 82 respectively that helped offset weak revenues Commodities revenues at the 12 biggest banks hit $800 million in the first … Read the full article

Commodities Are Mixed in the Early Hours – Market Realist

After falling for four consecutive trading weeks, gold (GLD) and silver (SLW) prices are weaker in the early hours on Monday. Improved global sentiment amid strong purchasing managers’ index numbers and a stronger dollar weighed on gold prices.BloombergMorningstar.comInvesting.com Read the full article

Stocks May Move To The Upside In Early Trading – US Commentary – Markets Insider

In commodities trading, crude oil futures are rising $0.27 to $46.31 a barrel after jumping $1.11 to $46.04 a barrel last Friday. Meanwhile, an ounce of gold is trading at $1,231.70, down $10.60 from the previous session’s close of $1,242.30. On Friday … Read the full article

ICEX, NMCE to merge to create third-largest commodity exchange – VCCircle

It provides a nation-wide online trading platform in commodity derivatives besides having warehousing facilities to facilitate deliveries. The commodity bourse, which is promoted by Reliance Capital and Indiabulls Group, had suspended operations in …The Indian ExpressHindu Business LineMoneycontrol.com Read the full article

Goldman to Review Commodities After Worst Start in a Decade – Bloomberg

But this year, Goldman said that “significantly lower” net revenue from commodities was partly to blame for weak first-quarter trading results. Client volumes suffered, with crude oil volatility averaging the lowest level in more than two years, Chief …TheStreet.com Read the full article

Gold prices to trade lower: Angel Commodities – Moneycontrol.com – Moneycontrol.com

According to Angel Commodities, expect gold prices to trade lower as international markets are trading lower by 0.3 percent at $1246 per ounce. Read the full article

SocGen is bringing one of Europe’s ‘fastest growing’ trading products to Asia – CNBC

French bank Societe Generale said Monday it has teamed with the Singapore Exchange to introduce one of Europe’s “fastest growing” trading products into Asia — something called “daily leverage certificates.” The certificates, or DLCs, are exchange … Read the full article

Base metals: Copper down, nickel up – Economic Times

In futures trading at the Multi Commodity Exchange, nickel for delivery in July was higher by Rs 3.50 or 0.58 per cent to Rs 610.50 per kg in a business turnover of 784 lots. Similarly, the metal for delivery in far-month August spurted by Rs 3.20 or 0 … Read the full article