U.S. July broad money growth continues at robust pace
Aug 26, 2015 12:20 pm UTC| Commentary
The growth rate of U.S. bank loans rebounded to 7.7% y/y last month, from 7.6%. Experts argue that a near 8% annual growth rate is not good enough, because bank credit was expanding at an even faster pace in the years...

Coffee Arabica price falls to 19-month low
Aug 26, 2015 12:09 pm UTC| Commentary
The price of Arabica coffee fell yesterday for the fifth consecutive day of trading and hit a 19-month low of 117 US cents per pound. It remains to be seen whether the coffee price will continue trading at this low level...
Sugar price recovers slightly from 7-year low
Aug 26, 2015 12:03 pm UTC| Commentary
Sugar has been faring comparatively well despite the sell-off of commodities, but nonetheless dropped on Monday to a seven-year low of a good 10 US cents per pound. The price gained by 2% yesterday and closed at 10.6 US...
Unexpected sharp decline in US crude oil stocks lent buoyancy to oil prices
Aug 26, 2015 12:00 pm UTC| Commentary
Oil prices gained yesterday following the heavy losses of the preceding days, though Brents recovery was very modest at only a good 1%. WTI gained somewhat more strongly, namely by just shy of 3%. Oil prices are continuing...
China imported more gold again in July from Hong Kong
Aug 26, 2015 10:16 am UTC| Commentary
According to data from the Census and Statistic Department of the Hong Kong government, China imported 55 tons of gold on a net basis from the former British crown colony in July.This was nearly 50% more than in the...
Gold’s price performance to be puzzling this week
Aug 26, 2015 10:14 am UTC| Commentary
Golds price performance this week is puzzling. The gold price has been under pressure ever since yesterday, and this morning has fallen to $1,135 per troy ounce. Gold has thus shed all of the gains it had achieved since...

U.S. GDP likely to post 3% growth in Q2
Aug 26, 2015 09:10 am UTC| Commentary
Data released subsequent to the U.S. Bureau of Economic Analysis (BEA) advance report on real GDP growth universally indicated that government statisticians probably underestimated the pace of business activity during the...