All Posts Tagged With: "Barclays Capital"

The Misery Index Is Set to Make a Comeback

The Misery Index is set to make a comeback in Britain. It’s a fair bet that only those of you who remember the 1990s recession will have much idea of what I’m talking about, because that was the last time anyone spent any time discussing it. So what is it?

Base Metals Up

It was a good day for the base metals Wednesday as copper, zinc, nickel, and lead all rose, leaving aluminum as the only metal to fall on the day’s trading. Copper rose steadily for much of the day, reaching an intraday high of over $3.55/lb. A late-morning sell-off reduced the metal’s gains, however, as copper finished up only ½ cents, at $3.5042/lb.

Base Metals Stuck

The base metals were mixed on Friday. Copper was flat until the late morning, then shot upward, peaking around noon before flattening out after that to finish at $3.6656/lb., up 5 cents.

Why It Pays to Hang On to Gold

When gold was going for $300 an ounce and oil for $25 a barrel, it was easy to know where to put your money.

Base Metals Regroup - Tin Finally Starts Coming Down

The base metals were mostly in positive territory on Friday. Copper struggled mightily to turn in a positive day yesterday, rallying twice off of steep drops, and it eventually succeeded, finishing at $3.6679/lb., up 2 2/3 cents.

Why There’s a 95% Chance of a Recession

Life’s about to get much tougher…for all of us…It’s that R-word again. Loose talk of a ‘recession’ has been bandied about for some time, particularly amongst those of us who keep a keen eye on what’s happening in both the money markets and the high street.

Base Metals Mostly Sharply Higher

Outside of nickel, the base metals were all on fire on Friday. Copper rose straight from the pre-dawn hours until the late morning, only then coming off its intraday highs to finish at $3.866/lb., up nearly 8 cents.

The ‘Real’ Oil Story ain’t Happening In Scotland

“It’s one of those days where nothing much seems to be happening,” I said as I sat down at our morning meeting. Boy was I wrong!

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