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Commodities Prices - Pound, gold and oil prices in focus: commodity and currency check, 26 February
Meanwhile, sterling was just above the flatline against the euro (GBPEUR=X) on Wednesday morning, at €1.2056, as the single currency lost ground after the release of Germany's latest GDP figures. The ...
The commodities feed: Mineral deals and tariffs
Energy prices are under pressure amid demand concerns and improving prospects for a Russia-Ukraine peace deal. But tariff risks continue to hit metal markets.
Indonesia to use its benchmark coal price for transactions from March 1
Indonesia will start using its government-set benchmark coal price as the floor price for transactions starting next month, a senior official at the Energy and Mineral Resources Ministry said on ...
Nestle India considering price hikes to counter commodity inflation, executive says
Nestle India will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales coming in, a top executive said on Monday. P ...
What’s the Relationship Between Commodity Prices and Inflation?
Data suggests commodity prices have a relatively high positive correlation to the Personal Consumption Expenditures (PCE) price index. Since 2000, commodities have seen both rallies and declines ...