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Gold and Oil News - October 19, 2007 10:00
Crude oil futures surpass US$90 a barrel for first time on speculative buying (Oil-Prices)
Crude oil futures surpass US$90 a barrel for first time on speculative buying (Oil-Prices) NEW YORK _ Oil prices surpassed US$90 a barrel for the first time Thursday as the falling U.S. dollar drew new foreign investors and speculators to Read More…
Investors bet on more Fed rate cuts
Investors increased their bets that the Federal Reserve would cut interest rates this month to stave off an economic slowdown, sending bond yields lower and pushing the dollar to a record low Read More…
Oil near new $90 high as dollar sinks
SINGAPORE (Reuters) – Oil held firm within sight of its new $90 high on Friday as the U.S. dollar plumbed new lows and pre-winter fuel stocks languished below norms, lending support to an over 13 percent surge in under two weeks. Read More… NEW YORK (Reuters) – Bank of America Corp , the No. 2 […]
Stocks decline as crude oil hits record high
PM ET Related symbols: HONG KONG — Asian indexes declined early Friday, as crude-oil futures topped $90 a barrel for the first time, on concerns that high energy prices could hurt global economic growth. The futures contract for November Read More… Farmers in India, the world’s third-biggest wheat importer last year, may plant the crop […]
European shares slide
European shares slideNokia third quarter profits surged outstripping analyst expectations boosting the company’s share of the global phone market to almost 40 per cent.Source: www.ft.com
Futures extend slide on jobless claims
NEW YORK (Reuters) – Stock futures extend losses on Thursday as a report suggesting weakness in the labor market, combined with disappointing profit from Bank of America Corp , added to worries about the economy and the outlook for profits. Read More… NEW YORK (Reuters)- Pfizer Inc. said on Thursday that third-quarter earnings fell sharply, […]
Futures extend slide on jobless claims (Reuters)
Futures extend slide on jobless claims (Reuters) Reuters – Stock futures extend losses on Thursday as a report suggesting weakness in the labor market, combined with disappointing profit from Bank of America Corp , added to worries about the economy and the outlook for profits. Source: news.yahoo.com
Banks and commodities drag FTSE into the red
LONDON (Reuters) – The leading share index traded 0.4 percent lower on Thursday, weighed by losses in banks and commodities and as investors frowned upon a trading statement from retailer DSG International (DSGI.L: Quote, Profile, Research). DSG Read More… By Nor Faridah Rashid DUBAI, Oct 18 (Bernama) — OPEC is concerned with the recent hike […]
Nokia lifts European stocks
Nokia lifts European stocksNokia third quarter profits surged outstripping analyst expectations boosting the company’s share of the global phone market to almost 40 per cent.Source: www.ft.com
British Airways urges American Airlines tie-up
LONDON (Reuters) – British Airways has urged its U.S. partner American Airlines to get closer still as it seeks to fend off a transatlantic joint venture between Delta and Air France . Read More…
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