Recent Commentaries tagged (vale)
China, Brazil, - Analyst Blog
China's trade ministry recently banned Vale S.A's (VALE) 400.000-deadweight-ton "Valemax" vessels, along with other giant freighters and tankers, to protect Chinese ocean-freight industry. Shipping rates have slashed by two-thirds since October, slashing revenue for ship-owners worldwide. As a pr...
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Tags: analyst-blog | bhp | rio | vale | stocks
Ivanhoe Stake Strengthens RIO - Analyst Blog
Recently, Rio Tinto Plc. (RIO) has taken a majority stake in Ivanhoe Mines Ltd, having purchased 51% of the shares, thus attaining a control of the gold and copper miner. Rio Tinto bought 15.1 million shares, following the recent transaction, from two sellers through a privately negotiated transa...
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Tags: analyst-blog | bhp | rio | vale | stocks
It's A Dollar Story
For over ten years now the major stock indexes have traded inverse to the U.S. Dollar Index. That inverse relationship is back in full force today. Anyone can easily see how the S&P 500 Index e-mini futures (ES H2) jumped off the morning lows as soon as the U.S. Dollar Index tumbled lower. All tr...
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Tags: uup | fcx | bhp | clf | vale | stocks
Steel ETFs Head-To-Head - Leveraged ETFs
While most commodities saw a weak 2011, few were as hard hit as steel during this tumultuous time frame. After hitting a 52 week high early in the year of about $900/metric ton, prices of steel slumped back towards earth by end of year costs coming in below $800/metric ton. Given that China, whic...
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Tags: etfs | mt | pkx | pstl | rio | slx | vale
