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Gold and Oil News - October 22, 2007 8:00
Crude oil prices may fall
Crude oil prices may fall NEW YORK: Crude oil may fall after hitting a record of more than US$90 a barrel, according to a report by analysts at Morgan Stanley. “Crude oil prices have overshot their fundamentals and are likely to come down sharply,” said Eric Chaney and Richard Source: c.moreover.com Commodities boom unstoppable IRON […]
Superfund seeks more backers
Superfund seeks more backersThe backers of the proposed superfund being set up to buy assets from cash-strapped structured investment vehicles met to agree a syndication process to sign up other banks amid widespread scepticism about the planSource: www.ft.com
Futures off on credit fears
Futures off on credit fears NEW YORK (Reuters) – S&P 500 and Dow Jones industrial futures fell on Friday as worries about the impact of the credit squeeze on financial services companies tempered optimism about Google Inc’s solid profit. Source: feeds.reuters.com
BJP to plead for parity of prices for paddy and wheat
Extract not available. Read More…
Growth figure limits FTSE losses
Growth figure limits FTSE lossesLondon equities were steady after an unexpectedly strong UK growth figure and surging oil prices limited losses Source: www.ft.com
Oil breaks through $90 to new all-time high
Oil breaks through $90 to new all-time high LONDON (Reuters) – Oil surged beyond $90 to a new peak on Friday as tight fuel stocks ahead of winter and a softening dollar spurred investor buying. Source: feeds.reuters.com Google quarterly profit jumps 46 pct, costs capped SAN FRANCISCO (Reuters) – Web search leader Google Inc reported […]
Crude Oil Futures Surpass $90 a Barrel
Oil prices surpassed $90 a barrel for the first time in after-hours trading in New York before slipping back Friday in Asia. Investors are being drawn to energy futures as a hedge against the weakening U.S. dollar. That, plus worries over tensions Read More… hovering nearly $2 shy of its record high of $89 a […]
Investors bet on more Fed rate cuts
Investors bet on more Fed rate cutsInvestors 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 lowSource: www.ft.com
“Halo 3” drives September U.S. video game sales
“Halo 3” drives September U.S. video game sales SAN FRANCISCO (Reuters) – U.S. sales of video game hardware and software jumped 75 percent in September, driven by Microsoft Corp’s “Halo 3” and Nintendo Co Ltd’s Wii console. Source: feeds.reuters.com
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…
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