Metals Commodities News


 Metals Commodities News Commodities De Metales
Barclays Launches Eight Commodity Sub-Sector iPath(R) Exchange Traded ...

NEW YORK, Oct. 24 /PRNewswire/ -- Barclays Bank PLC announced today the launch of eight new iPath(R) Exchange Traded Notes (ETNs) on the NYSE Arca stock exchange. The iPath ETNs are the first Exchange Traded Notes designed to offer exposure to sub-indexes of the Dow Jones-AIG Commodity Index(SM). They are linked to agriculture, copper, energy, grains, industrial metals, livestock, natural gas, and nickel.

"The new iPath sub-sector ETNs provide investors with access to harder-to- reach markets," said Philippe El-Asmar, Head of Investor Solutions, Americas at Barclays Capital. "Investments in iPath Exchange Traded Notes surpassed $3.6 billion in just under 16 months from inception, and we believe these new ETNs will continue to attract attention particularly with daily creations and redemptions available since October 1, 2007."

"The new iPath ETNs demonstrate Barclays continued commitment to providing investors with innovative investment solutions to the commodity markets," added Benoit de Vitry, Head of Commodities, Emerging Markets Rates and Quantitative Analytics at Barclays Capital.


Democrats make populist appeals before contests

As a African American I would hope that African Americans if looking for a African American candidate would look deeper into their roots of the past; those whose ancestry were slaves. As for African American support for the Socailist Clinton that is wrong also; we need to stop looking to the Democratic Party for a handout. We can make it by faith Hilliary is not the answer - she is not our savior and Bill is not the first African American President and Obama doesn´t represent African Americans everywhere. He is a smooth talking promise making empty man that will be defeated. America is ready for a change but we don´t need the either of these Democrats one a self agrandizing carpet bagger and the other a wet behind the ear slogan maker. Please America wake up before it´s too late.

.


Filed under: GreenBayPackers

I don't know if it's done in other parts of the country, which I'm sure it is, but around here, there are local theaters that put the Packer game on the big screen. It's mostly theaters that serve beer and food that do it, otherwise, without serving beer at a Packer game in Wisconsin, it's pointless. It's an incredibly popular place for people to go and watch the game. I've never done it myself, but there are a lot of people that do. Not any more. The NFL has sent out letters to the owners of these operations to stop showing these games because they violate copyright laws. This according to the Journal Sentinel. Brian McCarthy, an NFL spokesman, said in an e-mail that the league recently became aware that the businesses were showing Packers games. "We let them know they are violating copyright law and longstanding NFL policies that prohibit mass out-of-town viewing of NFL games," he said.


Potato futures up on concern output will fall

MUMBAI: Potato futures rose on Thursday on speculation a persistent cold wave in the northern region could hurt output, analysts said.

On the Multi Commodity Exchange of India, potato futures rose more than 1 per cent, with the most active March contract at Rs 598, up 1.15 per cent.

"Futures price is rising only on speculation," Abhijeet Choudhuri, an analyst with research house Agriwatch, said. "There are speculations that output would fall due to the cold wave." "At least 10-15 percent crop loss has been reported in India. But this rise is only temporary as arrivals will start soon."

India's potato production in 2007/08 is likely to grow 4.5 per cent, half its earlier 10 per cent estimate, on crop damage, the National Horticulture Research Development Foundation, which monitors potatoes and onions for the government said.


AIRSHOW-Honeywell sees Asia aerospace sales up 10pct in '08

Despite fears of a global downturn amidst a slowing U.S. economy and a growing credit crisis, business activity globally has not been affected, a senior executive from the company said.

"It's mainly showing up as just a lot of worry and concerns. But we're not seeing it in the data, we're not seeing it in orders and in business activities," said Mark Howes, President of Honeywell Aerospace Asia Pacific.

Howes said Honeywell's aerospace division saw about $900 million in sales in 2007, and expects this to grow to $1 billion this year as airlines receive record number of aircrafts from manufacturers such as Boeing (BA.N: Quote, Profile, Research), Airbus (EAD.PA: Quote, Profile, Research) and Bombardier (BBDb.TO: Quote, Profile, Research) in 2008.

Howes, who is attending the Singapore Airshow being held this week, said the U.S.


NYMEX Announces Trading and Processing Schedule for Martin Luther King ...

NEW YORK, Jan. 11 /PRNewswire-FirstCall/ -- New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX) , today announced a complete trading and processing schedule for the Martin Luther King, Jr. holiday (all in Eastern time):

The full NYMEX 2008 holiday schedule can be found at: http://www.nymex.com/holida_schedu.aspx

Forward Looking and Cautionary Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results.


Grain shoots higher on USDA reports

Washington, D.C. Commodity prices shot higher today after the government reported that demand for grain is staying strong and last years corn harvest was smaller than previously thought.

The U.S. Agriculture Departments final crop report for 2007 put corn production at 13.1 billion bushels, down 1 percent from the November estimate.

Meanwhile, the government raised its estimate of how much of the corn crop will be used for livestock feed by 300 million bushels. That was the big surprise, the shocker, Don Roose, president of U.S. Commodities Inc.

The report suggests livestock farms are not reducing production despite the soaring cost of feed, he said.

.


 
Link to us - Contact us