More News -- The Bullish & The Bearish
The Bullish ...
Canadian Wheat Inventories Decline 30 Percent as Weather Hurts Production Canada's wheat inventories at the end of 2007 dropped 30 percent from a year earlier after drought hurt crops in southern growing areas and cool, wet weather damaged plants in the north, a government survey showed.
Australian Dollar Trades Near Three-Month High After Interest Rate Rise The Australian dollar traded near a three-month high after the central bank raised its benchmark interest rate by a quarter-percentage point to 7 percent, boosting the allure of the nation's higher-yielding assets.
BHP, Targeting Rio, May Say Profit Rose to $6.3 Billion on Iron Ore, Coal BHP Billiton Ltd., whose $130 billion offer for Rio Tinto Group was set back by China, may report first- half profit rose driven by record prices and output of iron ore.
BP Fourth-Quarter Net Rises 53% as Price of Crude Surges to $100 a Barrel BP Plc, Europe's second-biggest oil company, posted a 53 percent jump in fourth-quarter profit and increased its dividend after production rose for the first time since 2005.
Uranium Fundamentals Are Strong “Currently there are 31 countries operating 440 reactors while another 55 countries are likely to turn to nuclear energy. Our mid-term case looks for a total of 55 countries to be operating 630 reactors by 2020.”
... and the Bearish ...
U.S. Service Industries Unexpectedly Contract to Lowest Since October 2001 U.S. service industries unexpectedly contracted in January as the housing slump deepened and consumer spending cooled.
Crude Oil Declines on Forecast Gain in U.S. Inventories, Demand Concerns Crude oil fell to trade around $89 a barrel in New York on speculation a government report tomorrow will show U.S. supplies rose for a fourth week as refiners shut plants for maintenance before summer.
Sugar to Post 1 Million-Ton Surplus in 2008-09 Season as Consumption Slows The sugar market will post a 1 million-metric ton surplus in the 2008-09 season, extending two consecutive years of oversupply, said Tom McNeill, director of Societe Kingsman SA in Australia.
Canadian Wheat Inventories Decline 30 Percent as Weather Hurts Production Canada's wheat inventories at the end of 2007 dropped 30 percent from a year earlier after drought hurt crops in southern growing areas and cool, wet weather damaged plants in the north, a government survey showed.
Australian Dollar Trades Near Three-Month High After Interest Rate Rise The Australian dollar traded near a three-month high after the central bank raised its benchmark interest rate by a quarter-percentage point to 7 percent, boosting the allure of the nation's higher-yielding assets.
BHP, Targeting Rio, May Say Profit Rose to $6.3 Billion on Iron Ore, Coal BHP Billiton Ltd., whose $130 billion offer for Rio Tinto Group was set back by China, may report first- half profit rose driven by record prices and output of iron ore.
BP Fourth-Quarter Net Rises 53% as Price of Crude Surges to $100 a Barrel BP Plc, Europe's second-biggest oil company, posted a 53 percent jump in fourth-quarter profit and increased its dividend after production rose for the first time since 2005.
Uranium Fundamentals Are Strong “Currently there are 31 countries operating 440 reactors while another 55 countries are likely to turn to nuclear energy. Our mid-term case looks for a total of 55 countries to be operating 630 reactors by 2020.”
... and the Bearish ...
U.S. Service Industries Unexpectedly Contract to Lowest Since October 2001 U.S. service industries unexpectedly contracted in January as the housing slump deepened and consumer spending cooled.
Crude Oil Declines on Forecast Gain in U.S. Inventories, Demand Concerns Crude oil fell to trade around $89 a barrel in New York on speculation a government report tomorrow will show U.S. supplies rose for a fourth week as refiners shut plants for maintenance before summer.
Sugar to Post 1 Million-Ton Surplus in 2008-09 Season as Consumption Slows The sugar market will post a 1 million-metric ton surplus in the 2008-09 season, extending two consecutive years of oversupply, said Tom McNeill, director of Societe Kingsman SA in Australia.
Labels: agriculture, crude oil, uranium, US economy
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posted by Sean Brodrick @ 9:15 AM
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