Posts tagged with CRB
1 September 2011 - Chinese equities and the commodity conundrum
The following chart throws up some interesting questions about the Chinese growth engine. In this we are looking at the relative performance of the Shanghai Composite as against commodities prices (as broadly mapped by the CRB index): So Chinese equities were first to accelerate out of the GFC lows fired up as they were by [...]
24 March 2011 - Escaping the bottomless coffee cup and other QE adventures
A week is a long time in pico-second land – so it has been nigh on an eternity since we last spoke to some of our high frequency friends. The resilience of markets to the steady stream of seemingly bad news has been surprising though perhaps not entirely unexpected given that governments globally remain committed [...]
26 March 2010 - Commodity markets – going up or down?
I’m as prone to selection bias as the next man – so keep that in mind while we try to discern where commodities are heading in the near term. Market indicators 1) The USD is rallying – and the CRB has rolled over With at least the juiciest dishes on the commodities smorgasbord priced in [...]
22 February 2010 - The third leg of the rally? – Mind games with Rolf Harris
The Baltic Dry Index, CRB index and Shanghai equities market have all turned up. This bounce could well have legs…
28 January 2010 - Metals sector to join the correction?
Iron cuticles reporting for duty… Leadership in the Australian market’s rally since March 2009 has come from financials and the materials sectors. It was notable then that the recent high in the All Ordinaries was not matched by the financials. XXJ was rejected off the longer term downtrend from the September 2007 peak while it [...]