Crb Index

Mecklai Financial has come out with its report on commodities vs equities. Ongoing easing program by central banks and global economic slowdown will continue the divergence between CRB and MSCI ACWI Index, says the Mecklai Graph.

Mecklai Graph: Policy easing fuelling commodity inflation?

Mecklai graph of the day: The Thomson Reuters/Jefferies CRB Index (TR/J CRB) is a commodity price index and is made up of 19 commodities as quoted on the NYMEX, CBOT, LME, CME and COMEX exchanges. It was first calculated by Commodity Research Bureau, Inc. in 1957.

How markets have reacted to QE2: Mecklai

The graph has been divided into two phases - Pre QE2 and Post QE2. It can be seen that during Pre QE2 phase, the MSCI Equity Index and Thomson Reuters/Jefferies CRB Index both being broad gauge of global equity index and commodity prices respectively, had been falling and Dollar index was rising.

Don't cross fingers for pullback rally: Violet Arch Cap

Even though the market started off on a positive note, Mithil Pradhan of Violet Arch Capital Advisors is not expecting to see a pullback rally.

Short rallying stocks; no bullish patterns: Pradhan

“The market is gathering steam in term of negative factors,” says Mithil Pradhan, Technical and Derivative Analyst. He maintains a bearish approach saying that he expects a further downtrend in the index.

CRB Index gains 1% led by crude, soft commodities

Portugal debt concerns aided precious metals. Physical demand from India supported gold prices. Copper continued to decline.