Friday, December 9, 2011

Commodities in the evening

Precious metal sign with green


New York / Chicago / London is on the commodity markets on Friday night no mood to buy. Listed on the New York Nymex U.S. light oil (December contract) is currently at $ 98.87 ($ -0.31). The December contract for a gallon of heating oil is traded weaker in New York at $ 2.94 compared to the previous day two cents. The December contract for a gallon of unleaded gasoline is trading weaker at $ 2.63 2 cents.

The record for precious metals futures firmer. The price for one troy ounce of gold (December contract) become more expensive by 0.44 per cent to $ 1,715. The ounce of silver (December contract) traded 2.46 percent higher at $ 32.23. At the same ounce of platinum (December contract) at $ 1,511 (+1.14 percent) is traded.

The mixed agricultural commodities tend. The sugar futures (December contract) is trading at $ 24.10 per pound 3.15 percent firmer. The Future easier for arabica coffee (December contract) traded at 231 cents per pound 0.38 percent. Cocoa (December contract) was last traded at $ 2,433 per tonne 0.91 percent firmer.

The corn futures (December contract) traded at 595 cents per bushel 1.04 percent easier. In Chicago wheat December contract falls by 0.43 percent to 601 cents per bushel. For soybeans the December contract is commodity trading at 1126 cents per bushel 1.88 percent firmer.

The German consumer prices have remained stable for the previous month, last +0.0%. The annual inflation rate is 2.4% and thus at the same level. The official Erstschätzung was +2.4%. The value calculated for European harmonized consumer price index for Germany increased in January over the previous year by 2.8%. In a monthly harmonized index remains unchanged. The estimate of 28 November 2011 was +0.0%.

The German trade balance for October has a surplus of 11.6 billion euro to 17.3 billion euros in the previous month and 14.5 billion euros a year earlier. Stranded in the current year are already € 130.3 billion, compared with € 128.4 billion in the comparable period last year.

The number of employees in the licensed trades in Germany's total in the third quarter of this year increased over the previous year by 0.2%. At the same time, sales have increased by 5.7%.

The German labor cost index has fallen in the third quarter of 2011 by 0.9%. The same quarter of the index in Germany rose by 2.9%.

The current account of all 27 EU Member States has in the third quarter in the first release from a deficit of 17.2 billion €. In the previous quarter, the deficit stood at 34.5 billion euros. In the same quarter of last year the company had a minus of 18.1 billion euros had been paid. The services account of the EU shows the third quarter in the first release of a surplus of 25.1 billion euros in the comparable quarter a year earlier to 22.6 billion euros.