Thursday, April 14, 2011

Raw materials stocks 2011

Raw materials stocks 2011 : Commodities trader Glencore International AG’s announcement on Thursday that it is laying the groundwork for an initial public offering worth up to $12-billion (U.S.) should give investors pause: It comes amid strong commodity prices and a warning from Goldman Sachs that the boom in raw materials is drawing to a close.

EMERGING MARKETS-Latam stocks dip on China, Peru concerns
Latin American stocks fell as Brazilian raw materials producers were hit by reports China could step up its fight against inflation and Peru stocks slumped on fears a leftist candidate could win the presidency. Read More...

Falling Commodities Spook Investors
Oil's dip came after the International Energy Agency, which represents big oil-consuming nations, and the Organization of Petroleum Exporting Countries both reported that demand is weakening amid high prices. Saudi Arabia has cut back production after ratcheting it up just a few weeks ago amid fighting in Libya, another major exporter. Read More...

SE Asia Stocks-Mostly lower on further Chinese tightening fears
Most Southeast Asian stock markets fell in choppy trade on Thursday on fears that Beijing will tighten monetary policy further after reports that inflation in China accelerated more than expected in March. Read More...
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