London (PRWEB) April 28, 2015
The demand for silver fluctuates with changes in both the industrial use and the investment demand for speculative purposes. As global economic outlook remains uncertain, investment demand for silver remains resilient with silver rising 6% in the first quarter of 2015 even on the backdrop of strengthening US dollar. The industrial demand for silver fluctuates with changing global economic growth patterns and shifts in industry applications. Investors have an opportunity to trade their knowledge of developments in global economy to benefit from fluctuations in silver prices.
The &OIL/CAD reflects the price dynamics of the WTI against the Canadian dollar. Oil prices have been rising in recent weeks on signs of slowing US output and geopolitical tensions in Middle East. The market is still oversupplied as the output in major oil producers such as OPEC and Russia is maintained at high levels to protect market share and offset the drop in revenues due to falling prices. Canadian dollar fluctuates with changes in oil prices as crude oil is one of major export commodities for the country and the oil and gas industry accounts for 7.5 % of Canadian GDP. Investors can benefit from fluctuations in oil prices and Canadian dollar by trading their knowledge of energy market developments.
&WHEAT/RUB reflects the price dynamics of wheat against the Russian ruble. The UN Food and Agriculture Organization April 2 report revised upward world wheat production estimates by 2 million tons to 722 million in 2015. The world wheat production changes with changing weather conditions and relative profitability of wheat compared with other cereals. The Russian ruble depreciated as oil prices plunged after mid of 2014. It has been recovering recently with rising oil prices. Investors have an opportunity to trade their knowledge of developments in global cereal and energy markets to benefit from increased volatility the Russian ruble experiences lately.
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