BLOOMBERG NEWS Commodity Funds Miss Oil's Rise | BlueGold and Clive Capital, two London-based funds that trade oil, have shown relatively weak results so far this year, even as oil has rallied, Reuters reports.
A DAILY round-up of economic news:Commodity prices remain high relative to levels a year ago, but the decline from spring highs was enough to blow up Ospraie Management's premier hedge fund.
Professional culture obligates producers seeking professional credibility to 'distance' themselves from those they cover and to fulfill high production aesthetics that signify news commodity value.
Good news for commodity importers, bad news for exporters.
"Where is Thatfood going to comayfromeannless 'evil speculators' more a lotoughmoney?
Read news about commodities to come up with trading ideas.
Make it a daily habit to read the financial news on commodities.
In this week's speech, Mr Wen said he would adopt "specific operating rules" that might belatedly give those guidelines some bite.A shift to less capital-intensive growth, if it were to happen, would be bad news for commodity exporters like Australia and good news for China's neglected service industries, retailers included.
With the Chinese news lifting commodity companies, Antofagasta added 8.5p to 781p while Anglo American was up 6.5p at 1471.5p and Randgold Resources rose 24p to £43.80.
With the Chinese news lifting commodity companies, Antofagasta has added 14.5p to 787p while Anglo American is up 20p at £14.85 and Randgold Resources has risen 56p to £44.12.
Again, the landscape is more fragmented, but the results are, on balance, far smarter than in the age of news-as-commodity.
