Friday, April 4, 2008

Weekend Commodity News

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Natural Gas Rises as Falling Dollar Lifts Appeal of Commodities

Natural gas advanced as the dollar fell against the euro, lifting the appeal of commodities as an alternative investment.

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RPT London shares close up, strong commodities overshadow weak U.S. data

Leading shares closed firmer Friday, near the session high, as strength among commodity stocks overshadowed initial disappointment over a bigger-than-expected fall in non-farm payrolls data in the United States.

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Commodities Wrap: Grain Prices Rise

Concern over whether there will be enough corn to meet demand this year led to record-high prices this week, while wheat prices surged on fears bad weather could damage crops.

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Corn hits record in broad rally despite firmer dlr

Corn closed up after hitting record highs for a second straight session on Thursday, pulling other agricultural markets along in a rally, and copper joined gold on the ride up too despite a firmer dollar.

Soft commodities like coffee, cocoa, sugar, cotton and orange juice ended higher as well.

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European Markets Rise, Led By Commodities

The European markets rose on Friday, capping the biggest weekly gain in a year, as mining stocks rallied on broker upgrades and heavily weighted energy stocks gained on rising crude oil prices.

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Silver News Around the Web

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Weekend Corn News Roundup

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Oil News Around the Web

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Keeping up with Ethanol: News Around the Web

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Keeping up with Gold News: Weekend Roundup

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Weekend Eye on the U.S. Dollar

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The Weekend Wheat News

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