Soybean, brass, platinum, crude oil has all commodities fell from record highs, The reason is the strong U.S. dollar offset the loss commodity inflation, economic slowdown and worries of it. Reuters / Jefferies CRB index of 19 kinds of products, 16 kinds dropped this month, the index has dropped 10 percent in July, creating the brass fitting largest decline in 28 years.
Even Rogers is also currently considering whether to buy the proper metal, has never admitted its purchase of any goods. Or see high gold this year, has dropped, on August 15 had more or see a low in October last year, the platinum price level of 2001 to the largest single-day decline.
However, oil in New York yesterday Liansheng three days, brass fitting Zeng Jian 119.77 U.S. dollars, rose 4.79 U.S. dollars, the reason for this, Russia and USA of strife, the market will fear oil supply disruption, and the dollar is tired of Bilu. Originally, the Russian invasion of Georgia, has hampered exports of crude oil, up 1.1 million barrels a day, today Russia and the United States deployed missiles in Poland, saying a matter of dispute, the potential benefits geo-political tensions, the dollar rally completely, oil Yibi will be more market volatility. Dollars in the City of London, had dropped see 108.17 yen against the euro 1.4855 U.S. dollars or see.
With oil and gold prices rise, London spot gold was up, see 833 U.S. dollars an ounce. brass ball valve |
