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commodity prices

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commodity prices Empty commodity prices

Post  Admin Sat May 07, 2011 5:52 am

Commodity prices stabilized on Friday after Thursday's dive, as the government's report of strong job gains in April bolstered the case for a continuing economic recovery. The Thomson Reuters/Jefferies CRB index of 19 major commodities was off. LITTLE ROCK, Ark., May 6, 2011 /PRNewswire/ -- Federal Reserve Bank of St. Louis President James Bullard delivered remarks titled \"US Monetary Policy and Commodity Prices\" at the Arkansas State Banking Department's \"A Day with the Bank Commissioner\". \"The improved margins, despite an unfavourable exchange rate and higher raw material prices, should show that they've regained market power,\" they wrote in a note. Large rivals such as Dow Chemical (DOW.N) and DuPont (DD.N), the largest US chemical. FRANKFURT -(MarketWatch)- The recent fall in commodity prices is good news and will help consolidate the economic recovery, European Central Bank President Jean-Claude Trichet said Friday. Still \"caution\" and \"prudence\" remain warranted,. TOKYO (Dow Jones)--Tokyo stocks fell Friday as a sharp drop in commodity prices, especially crude and gold, as well as a spike in the yen weighed heavily on the market, with Inpex, Toyota, Canon and other heavyweight. Mitsui

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