Tag Archives: Carbon Tax

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It has been a volatile week on the commodity markets with the LME falling in the first 4 working days before a slight recovery last night. For the AUD/USD it’s been one direction, up with the dollar now at 105.66. The high AUD/USD is also receiving…

LME Metals Mixed in Tight Ranges; Copper Choppy Read more »

LME Metals Mixed in Tight Ranges; Copper Choppy

Base metals on the London Metal Exchange were trading mixed in tight ranges in Asia Wednesday, and are expected to stay rangebound in the near term as investors remain in a wait-and-watch mode, analysts said. Benchmark LME three-month copper was at $7,495 a metric ton…

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Welcome to the 2013 Financial Year, a rally in the Commodity markets over the last week has given us much to celebrate but the carbon tax means we can only afford candles. The 2012 Financial year was a year of huge volatility, with the Greece…

No shortage of market influences Read more »

No shortage of market influences

With no shortage of market influences, somehow prices have remained reasonably steady for yet another week. With details of the Carbon Tax being released over the weekend, the Australian dollar lost ground amid uncertainty concerning jobs and manufacturing in the country. Meanwhile in Europe, the…

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