Prices of corn and soybeans leapt 4% Wednesday and wheat gained 1%, continuing the broad rally in commodity prices that began in June.
This has resulted in weaker-than-expected volume growth in 2Q11E and a shorter-than expected rally in panel prices.
However, even if Germany did agree, I say it will not make any real difference long term other than creating a short-term rally in stock prices.
And the big rally in share prices on April 29th was sparked by news that labour costs are barely increasing, while orders for durable goods are actually falling.
With gold prices falling since the beginning of 2011 and the prospects of an economic recovery gaining traction, many have doubted whether the incredible rally in gold prices is sustainable.
These countries had stubbornly high unemployment rates, but the rally in commodities prices that saw food prices soar over the past year proved to be the straw that broke the camel's back.
And last, but definitely not least, the improving data and the corresponding rally in stock prices tells us that the stock market is beginning to raise the bar in terms of expectations going forward.
The recent rally in crude oil prices has been a bullish factor for the precious metals.
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The recent rally in crude oil prices is a major bullish factor for the precious metals.
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The recent rally in crude oil prices is also a major bullish factor for the precious metals.
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Announced minutes before the close of the Tokyo markets, the news was enough to spur a minor rally in Japanese share prices.
The market was supported by the U.S. dollar index backing well off its daily high and by a solid rally in crude oil prices.
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From the July lows, gold prices typically rally in mid-September before a sharp pullback into October.
Gold-mining shares have lagged both the larger equity rally and the gains in gold prices, but McAvity is not surprised.
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The output and input price indexes rose above 50, suggesting that the recent rally in global energy and commodity prices are likely to pass through gradually to output prices.
The announcements come at the finish of a strong session for stocks, as investors seized on the decline in oil prices to rally.
Real estate prices extended their rally in 62 out of 70 Chinese cities last month, with first-tier cities leading the gains, the National Bureau of Statistics (NBS) said Monday.
Real estate prices extended their rally in 62 out of 70 Chinese cities last month, with first-tier cities leading the gains, the National Bureau of Statistics (NBS) said on March 18.
In the U.S., the recent rally in the averages have pushed up stock prices.
Participants who see weaker prices said the current rally in gold has gotten ahead of itself and is due for a corrective pullback.
The rally began in 2009 with very low valuations and current prices are not out of a normal valuation range.
The positioning in platinum did not reflect the sharp rise in prices seen in that market late last week as the reporting date ended prior to the rally.
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Despite the recent rally, Mr Barty points out, even in the south prices are still below their long-run average relative to incomes.
ECONOMIST: ��Ouse prices in ��Ertford, ��Ereford and ��Ampshire
The combination of those two comments sent gold prices to record levels and triggered a substantial rally in the stock market on Wednesday.
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He added, though, if tensions escalate in the Middle East that could cause gold prices to rally on geopolitical worries.
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Individual investors are continuing to feel optimistic about stock prices due to, in part, the sustained rally and additional signs that the economy is recovering.
Gains in precious metals were limited by a strong rally in the U.S. dollar index and sharply lower crude oil prices.
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Large pickup truck sales, which enjoyed modest increases during 2012, should rally even further in the months (and possibly years) ahead, though gas prices are not expected to be a major factor.
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Gold prices have fallen consistently since last October, just before the impressive rally in equities took off.
FORBES: Can Gold Bulls Keep It Going After Japan's Big QE And A Weak Jobs Report?
This early-year rally faltered in late-February, however, and since the start of the month, gold prices have struggled to stabilize.
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