Leia Toovey

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Leia Toovey has a B.Sc. in geology from Simon Fraser University, and her degree had a focus on resource economics. Out of school, she started working in the booming mining industry of Vancouver, Canada, covering junior mining stocks and commodities including potash, copper, nickel, oil and gold. Then she moved to New York and worked as a commodities analyst covering a breadth of commodities, from the Baltic Dry Index through the softs. As a geologist she has a greater understanding of the exploration and extraction side of commodities, and how changes in technology and the depletion of resources impact pricing. At Economic Calendar she covers a variety of commodities, providing daily technical and fundamental analysis and assessing major market developments.
iron ore

Iron Ore Prices: As Rally Unwinds, Vale Sets Price Target

Market participants were surprised when iron ore’s rally continued to pick up steam in 2017, and even as the commodity surged analysts and iron...
cocoa prices

Cocoa Prices Hover Around 8-1/2 Year Low

Cocoa prices continue to oscillate. On Friday the commodity fell 1% after rebounding in the prior session on short-covering. The commodity is sitting around...
sugar prices

Weak Technicals Add Pressure to Sugar Prices

Weak technicals continue to pressure the sugar market, with the commodity hovering around a seven-week low during Friday's session after selling accelerated as the...
coffee prices

Robusta Coffee Prices Slip as Brazil Reverses Decision to Allow Imports

Just as it seemed that Brazil was set for the unprecedented move of allowing imports, Brazil’s President Michel Temer did an about-face and reversed...
baltic dry index

Baltic Dry Index Continues Ascent, Breaks Through 800 Point Barrier

The Baltic Dry Index is on a fast track to recovery, and on Thursday added 50 points to reach 856, just a few sessions...
steel prices

Steel Prices Could See Support as China Pushes for Output Cuts

Steel prices have seen a rapid ascent this year, building on the prior year’s gains even as analysts voiced concern that steel demand will...
uranium price

Uranium Spot Prices Run Out of Momentum

The uranium spot price rally stalled last week, ending the commodity's ascent that started in December after prices fell as low as $17.75 per...

Nickel Prices Tracking US Dollar

Nickel prices were lower Wednesday, even after the commodity fell under significant pressure in the prior session.While all the base metals faced some pressure...

Although Currently Stable, Potash Prices Face Long-Term Pressure

While potash prices have stabilized and even started to rebound, spreading some cautious optimism across the sector, there are concerns that any significant increase...
coffee prices

Arabica Coffee Prices Rise to Three-Week High, Brazilian Farmers Brace for Robusta Imports

Arabica coffee futures ascended on Tuesday for the fourth-straight session, with the latest upside coming from technical buying after the commodity breached a key...
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bulls and bears

Top 5 Economic Calendar Events for February 27th-March 4th

Economic data releases will have a major impact during the week across all major markets.The US will release the latest PCE inflation reading with...
crude oil

Crude Oil Prices Weekly Forecast February 27-March 3

Oil prices remain locked in a sideways trading range, the pattern that has characterized action in crude oil essentially since a peak was established...
Gold

Gold Prices Weekly Forecast February 27-March 3

Gold prices ended last week on a strong note, as dollar weakness following the release of the minutes of the January FOMC meeting on...
Euro

EUR/USD Weekly Forecast February 27-March 3

The euro ended the week lower against the dollar, with EUR/USD closing Friday at 1.0560, a loss of 0.45% over the prior Friday's close....
USA

DJIA Today: Dow Jones Futures Extend Winning Streak to 11 Days

Wall Street finished on a positive note Friday, with the Dow Jones Industrial Average registering its eleventh consecutive gain.The Dow was on track for...