Fox Business - The Power to Prosper
Search Site

CRB Index

Related Topics

  1. NASDAQ 100 Index
  2. Case Shiller Index
  3. CME Group
  4. Consumer Price Index
  5. S&P 500 Stock Index
  6. FTSE 100 Index
Get updates on CRB Index
JPMorgan commodities risk steady on quarter, down from year ago

Commodities trading risk at JPMorgan Chase & Co rose slightly in the first quarter from the previous three months but slumped from a year earlier as prices of raw materials seesawed.JPMorgan, the largest U.S. bank, said its value-at-risk (VaR) in commodities stood at $15 million in the first quarter, compared with $14 million in the 2012 fourth quarter and $21 million in the 2012 first quarter.Commodity prices as indicated by the Thomson Reuters-Jefferies CRB index fell nearly 2 percent in the first quarter, tumbling in January, rebounding in February, then sliding again in March.JPMorgan, typical of Wall Street banks, groups its commodities revenue under the fixed income category and does not break down the sector individually, often leaving VaR as one of its key risk-reward indicators for commodities.For the first quarter, JPMorgan said fixed income revenue fell 5 percent from a year earlier to $4.8 billion.The bank posted a higher first-quarter profit as it recovered from trading lo...

Read More ›

  1. MARKET SNAPSHOT: Dow Passes 14,000 After Jobs Report, Overseas Data

    U.S. stocks on Friday started a new month with strong gains, as the Dow industrials moved above 14,000, after January jobs report bolstered thinking that the lacklus...

  2. Asian shares edge higher on hopes for Greek deal

    Asian shares inched up on Monday on hopes that Greece can avoid a near-term bankruptcy, with the market focusing on a euro zone finance ministers meeting later in th...

  3. Markets Ready for Trading Wednesday

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  4. Asian shares rise as U.S., China data eases worries

    Asian shares struck a seven-month high on Thursday as worries about a sharper slowdown in global growth eased after a slew of Chinese data signaled stabilization in ...

  5. Asian shares rise after U.S. data, China GDP

    Asian shares struck a seven-month high on Thursday as a slew of Chinese data pointed to stabilization in the world's second largest economy, and positive U.S. housin...

  6. Goldman says commods revenue down significantly in third quarter

    Goldman Sachs Group Inc said significantly lower revenues from commodities dragged down its trading businesses in the third quarter, singling out weak performance by...

  7. World stocks rise on Spain and data, euro dips

    Global stocks rose on Monday on upbeat U.S. data and earnings and bets Spain was close to asking for a bailout, while the lack of details on Madrid's next actions pr...

  8. Global stocks rise on Spain and data, materials down

    Global stocks rose on Monday on a much higher-than-expected rate of growth in Chinese exports and hopes Spain was close to asking for a bailout, while copper touched...

  9. Analysis: Investors opt for gold ahead of U.S. "fiscal cliff"

    Investors are going for gold as their top commodities choice in what looks like a turbulent fourth quarter for the sector, planning for the possibility of a "fiscal ...

  10. First drop in 6 weeks in hedge funds commodity longs

    Hedge funds and other big speculators have pulled more than $5 billion from U.S. commodity markets, cutting their net long position for the first time in six weeks a...

  11. U.S. Crude Spikes Nearly 5% on Jobs Report

    Oil prices rose sharply on Friday, with Brent crude futures hitting a 10-week high, after a U.S. nonfarm payrolls report showed employers added more jobs than expect...

  12. Oil Prices on Hopes for Economic Stimulus

    Oil prices rose a fourth day on Friday on hopes for more stimulus from the U.S. Federal Reserve after data showed U.S. economic growth slowed in the second quarter a...

  1. MARKET SNAPSHOT: Dow Retreats After 10-session Win Streak

    U.S. stocks retreated on Friday, ending the longest advance by the Dow Jones Industrial Average in more than 16 years and containing the S&P 500 just as it neared it...

  2. MARKET SNAPSHOT: Dow Retreats After 10-session Run That Hit Record

    U.S. stocks retreated Friday, jeopardizing the longest advance by the Dow Jones Industrial Average in more than 16 years and containing the S&P 500 just as it neared...

  3. MARKET SNAPSHOT: U.S. Stocks Decline After Extended Run

    U.S. stocks retreated Friday, jeopardizing the longest advance by the Dow Jones Industrial Average in more than 16 years and containing the S&P 500 just as it neared...

  4. The Highs And Lows of the Markets

    Dan Shaffer of Shaffer Asset Management and MKM Partners managing director Katie Stockton debate the future of the markets.

  5. Analysis: Commodity hedge funds find money more scarce, pedigree pays

    Pierre Andurand, who managed $2 billion at his BlueGold oil hedge fund before it folded last year under heavy losses, is headlining a host of one-time commodity star...

  6. MARKET SNAPSHOT: U.S. Stocks Rally; Dow Industrials Top 14,000

    U.S. stocks rallied Friday to cap a fifth week of gains that lifted the Dow Jones Industrial Average above 14,000 for the first time in five years after reports on j...

  7. MARKET SNAPSHOT: U.S. Stocks Rally; Jobs Report Lifts View

    U.S. stocks on Friday started a new month with strong gains, pushing the Dow industrials moved above 14,000, after the January jobs report supported the view of a re...

‹ Prev12345…Next ›
Freebase CC-BY
Source: CRB Index on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL