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Uncategorized - October 30, 2007 13:00
Oil falls from record highs as investors take profits
Oil falls from record highs as investors take profits LONDON (Reuters) – Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs set in response to a Mexican supply shut-down and a weak dollar. Source: feeds.reuters.com
Futures flat over Fed rate cut uncertainty (Reuters)
Futures flat over Fed rate cut uncertainty (Reuters) Reuters – Stock index futures pointed to a flat market open on Tuesday after a Wall Street Journal article cast doubt on the chances of a Federal Reserve interest rate cut on Wednesday. Source: news.yahoo.com
DJ UC Rusal to invest $2 bln in aluminium production in Vietnam
Extract not available. Read More…
Google plan sees phones by mid-2008: report
Google plan sees phones by mid-2008: report NEW YORK (Reuters) – Web search leader Google Inc is expected to announce advanced software and services enabling handset makers to bring Google-powered phones to market by mid-2008, the Wall Street Journal reported Tuesday, citing people familiar with the matter. Source: feeds.reuters.com Fed rate cut this week not […]
Global stocks, oil come off boil (Reuters)
Global stocks, oil come off boil (Reuters) Reuters – World stocks relinquished some of the previous day’s gains on Tuesday while the dollar edged up from all-time lows as investors pondered the outcome of this week’s Federal Reserve meeting, where a rate cut is widely expected. Source: news.yahoo.com
Oil prices fall from record high; below US$93 a barrel in Asian trading
SINGAPORE: Oil prices dropped Tuesday from a fresh record set overnight on the view that the disruption of a fifth of the oil production by Mexico’s state oil company is only temporary. Light, sweet crude for December delivery fell 75 cents to US$92.78 a Read More… NEW YORK (AP) – Commodities prices climbed broadly Monday […]
Asian stocks retreat before Fed meeting
Shares and oil prices retreated from their peaks and the dollar halted its slide as investors held their fire ahead of a US Federal Reserve meeting where a rate cut is expected Read More…
Paulson says strongly committed to strong dollar
NEW DELHI (Reuters) – The United States is strongly committed to a strong U.S. dollar and financial markets there are recovering from the subprime crisis, some quicker than others, U.S. Treasury Secretary Henry Paulson said on Tuesday. Read More…
Stocks, oil, dollar pause as Fed meeting looms (Reuters)
Reuters – Asian stocks and oil prices retreated from their peaks on Tuesday and the dollar halted its slide as investors held their fire ahead of a U.S. Federal Reserve policy meeting, where an interest rate cut is widely expected. Read More…
Gold off 28-year peak, silver hits 8-month high
Gold off 28-year peak, silver hits 8-month high RE, Oct 30 (Reuters) – Gold was weaker on Tuesday after rallying to its loftiest level in 28 years the previous day, on record-high oil and a tumbling dollar, while silver extended gains to an 8-month high on fund buying. — Spot gold <XAU=> fell Source: c.moreover.com
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