Commodities Update

Commodity momentum slowing as holiday calm approaches

Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Filed in Commodity update
Denmark, 20 December 2012 at 09:49 GMT+0
Recommended Recommend Unrecommend Recommend

In this last update before Christmas we find that negative momentum in energy is slowing while positive momentum in platinum and copper is also slowing in response to the current weakness seen in silver and gold. Grain markets have given back some of the gains witnessed during the year with both soybeans and corn selling off over the last couple of days.

Commodity momentum

Comments

 

Disclaimer

Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Please read our full disclaimers:

Disclaimer

Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Please read our full disclaimers:
Feedback
Dismiss

Oops! There was a problem communicating with the TradingFloor.com servers Connection Error! {time} {code} {type} {message} .

Oops! There was a problem communicating with the OpenAPI servers.
Oops! There was a problem communicating with the Financial Calender servers.