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Gold and Oil News - November 1, 2007 9:00
China’s gold output up 13.10 pct year-on-year to 191.46 tons in firstnine months – NDRC
China’s gold output up 13.10 pct year-on-year to 191.46 tons in firstnine months – NDRC Shanghai. November 1. INTERFAX-CHINA – China produced a total of 191.46 tons of gold in the first nine months of this year, up 13.10 percent from the same period last year, according to National Development and Reform Commission statistics released […]
Oil steadies above $90 awaiting inventories
Oil prices steadied above the $90 level as traders looked forward to the latest weekly US inventories data and an expected cut in US interest rates by the Federal Reserve later in the session Read More…
Stocks open higher on optimism about growth
NEW YORK (Reuters) – Stocks opened higher on Wednesday as a report pointing to strength in the economy boosted investor optimism ahead of the Federal Reserve’s decision on interest rates. Read More… PARIS (Reuters) – Alcatel-Lucent said it would cut another 4,000 jobs by 2009 and trimmed full-year revenue growth expectations yet again after seeing […]
Stocks open higher on optimism about growth (Reuters)
Reuters – Stocks opened higher on Wednesday as a report pointing to strength in the economy boosted investor optimism ahead of the Federal Reserve’s decision on interest rates. Read More…
Oil prices fall below US$90 ahead of US Fed decision on key interest rate
Oil prices fall below US$90 ahead of US Fed decision on key interest rate SINGAPORE – Oil prices dropped below US$90 a barrel Wednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate. Light, sweet crude for December delivery fell US$1.03 to US$89.35 a barrel in Asian electronic trading […]
Retailers cheer FTSE
High street stocks underpinned the FTSE’s advance, with supermarkets and pub companies in demand Read More…
Citigroup enters pact to take over all of Nikko
Citigroup enters pact to take over all of Nikko NEW YORK (Reuters) – Citigroup Inc , the largest U.S. bank, said on Wednesday it has signed a share exchange agreement under which it will assume 100 percent ownership of Nikko Cordial Corp , Japan’s third-largest brokerage. Source: feeds.reuters.com
Futures rise before Fed rate decision (Reuters)
Reuters – Stock index futures pointed to a higher market open on Wednesday as investors bet the Federal Reserve would cut interest rates. Read More…
Index Intelligence: Eleven Ways to Play the Commodities Markets
The number of exchange-traded funds [ETFs] available to investors has increased exponentially in recent years. While the growth can seem overwhelming because it is impossible to track and trade all of the ETFs available today, there is some good news. Read More… Ad – Experience the most flexible and transparent FX markets in the world […]
Supermarkets take lead in London
Supermarkets take lead in LondonSupermarkets rose in London on relief that a report into competition in the sector did not take a harder line on the big four supermarket groupsSource: www.ft.com
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