The gold price is being driven by macro-economics and currencies.

September 28, 2007 | Leave a Comment

We mentioned briefly in the market section at the start of this issue that there has been a change of tides, and possibly a change as fundamental as a change of current. Read more

Property leads Tokyo pullback

September 28, 2007 | Leave a Comment

Japan’s Nikkei lost 0.3 percent to 16,785.69 as investors sold property-related stocks to lock in profits after recent sharp gains Read More…

Bidding groups form for Wendy’s: sources

September 28, 2007 | Leave a Comment

NEW YORK (Reuters) - Thomas H. Lee Partners and Oak Hill Partners are among the private equity firms bidding for burger chain Wendy’s International Inc , sources said on Thursday, as the auction proceeds despite the impact of the credit crunch on deals.

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UPDATE 2-Merrill, Citi buy into Indian commodities bourse

September 28, 2007 | Leave a Comment

UPDATE 2-Merrill, Citi buy into Indian commodities bourse
MUMBAI, Sept 28 (Reuters) - Citigroup and Merrill Lynch have bought 5 percent stakes in India’s top commodities exchange, valuing it at up to $1.1 billion, or more than the Bombay Stock Exchange which sold stakes earlier this year.
Source: c.moreover.com

Shanghai copper up, LME extends gains above $8,000
SINGAPORE (Reuters) - Shanghai copper rallied nearly 1 percent on Friday while London futures held above $8,000 a tonne, buoyed by gains in other markets and speculation that prices could challenge last year’s record high next week. The Shanghai Futures
Source: c.moreover.com

Tate & Lyle drags FTSE lower

September 28, 2007 | Leave a Comment

Tate & Lyle drags FTSE lower
London’s FTSE 100 was gave up brief opening gains as Tate & Lyle slumped after a trading update and Northern Rock resumed its decline after two sessions of gains
Source: www.ft.com

Home sales fall, job market resilient

September 28, 2007 | Leave a Comment

WASHINGTON (Reuters) - Sales of new homes plunged in August and prices posted their biggest year-on-year drop in nearly 37 years, the U.S. Commerce Department said on Thursday, underlining the depth of problems facing the housing sector.

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Shares set for weaker start ahead of data (Reuters)

September 28, 2007 | Leave a Comment

Shares set for weaker start ahead of data (Reuters)

Traders work on the floor of the New York Stock Exchange, September 26, 2007. (Brendan McDermid - UNITED STATES/Reuters)Reuters - Stock index futures fell on Friday, pointing to a weaker open on Wall Street as markets eyed economic data for signs of inflation and indications of the Federal Reserve's next move in interest rates.



Source: news.yahoo.com

Copper Climbs Before Strike, Poised for Third Quarter of Gains; Zinc Gains

September 28, 2007 | Leave a Comment

Copper Climbs Before Strike, Poised for Third Quarter of Gains; Zinc Gains
Copper Climbs Before Strike, Poised for Third Quarter of Gains By Chanyaporn Chanjaroen Sept. 28 (Bloomberg) — Copper rose in London, heading for a third quarter of gains, as workers prepare to strike at Southern Copper Corp., the world’s fifth-largest
Source: c.moreover.com

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