Podcast: Andy Pfaff Commodities Market feature on FMR radio (South Africa) on November 17, 2015.
In a recent October 9th radio interview, Andy Pfaff (Head of Commodities at MitonOptimal) discussed the Commodities markets. Listen to the FMR radio interview. [Source: FMR Radio – Cape Town – October 12, 2015]
The gold market has gone quiet before the Federal Reserve meeting. Volume was about 47 percent below the 100-day average for this time of day, and Monday saw the lightest trading all year, according to Comex data compiled by Bloomberg. Gold futures for December delivery slipped 0.3 percent to $1,104.70 an ounce at 10:26 a.m.
The commodities rout that’s pushed prices to a 13-year low pulled some of the biggest mining and energy companies below levels seen during the financial crisis. The FTSE 350 Mining Index plunged as much as 4.9 percent to the lowest since 2009 on Wednesday, with BHP Billiton Ltd. and Anglo American Plc leading declines. Gold and copper
Agriculture, unsurprisingly, has seasonal cycles which drive the supply of food. In addition, technological advances in farming methods have improved agricultural productivity to such an extent that world food production appears to have surpassed the world’s ability to consume it, causing an overall fall in basic food prices. There have been bear markets in many
