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Uncategorized - October 8, 2007 12:00
Stocks seen opening lower, thin trade likely
FRANKFURT (Reuters) – Leading U.S. stock market indexes looked set to open lower on Monday and trading volumes were expected to be light due to the Columbus Day holiday and with diaries devoid of either corporate results or economic data. Read More… SINGAPORE (Reuters) – Swiss wealth manager Julius Baer , which set up its […]
Stocks seen opening lower, thin trade likely (Reuters)
Reuters – Leading U.S. stock market indexes looked set to open lower on Monday and trading volumes were expected to be light due to the Columbus Day holiday and with diaries devoid of either corporate results or economic data. Read More…
China’s net imports of crude oil up 18%
China’s net imports of crude oil up 18% China’s net imports of crude oil in the first eight months rose 18.1 percent from the same period last year to 108.2 million tons, according to latest customs figures. From January to August, China imported 110.4 million tons of crude oil and exported Source: c.moreover.com Oil Prices […]
Banks lend support to FTSE
Banks lend support to FTSENorthern Rock was the standout feature in early trading after fresh takeover talk and a reported $10bn credit line from Citigroup lifted the stockSource: www.ft.com
China’s Minsheng Bank to buy into UCBH
China’s Minsheng Bank to buy into UCBH SHANGHAI (Reuters) – Minsheng Banking Corp will buy 9.9 percent of San Francisco-based UCBH Holdings for more than $200 million in the first strategic investment by a mainland Chinese bank in a U.S. bank. Source: feeds.reuters.com JPM and BAC to write down $3 billion in loans: report NEW […]
Wheat falls on likely higher output
Wheat falls on likely higher output CHICAGO: Wheat futures were depressed last week by speculation that the world’s farmers would sow more wheat to take advantage of prices that soared to a record high level last month. Winter wheat plantings in the Northern Hemisphere are forecast to Source: c.moreover.com Western Canada’s wheat crop off 19pc […]
The Slow Motion Recession
The market certainly seemed pleased with the new jobs number. The glass is more than half full – or is it?
JPM and BAC to write down $3 billion in loans: report
JPM and BAC to write down $3 billion in loans: report NEW YORK (Reuters) – JPMorgan Chase and Bank of America are expected to disclose losses of about $3 billion in mortgage securities and leveraged loans when they report earnings this month, the Financial Times reported, citing an analyst. Source: feeds.reuters.com RBS trio to seal […]
Impact of Commodity Prices on Aussie
Impact of Commodity Prices on Aussie Extract not available. Source: c.moreover.com
Dollar climbs ahead of payrolls report
Dollar climbs ahead of payrolls reportThe dollar climbed fractionally in cautious trade ahead of non-farm payrolls data in the US later in the session.Source: www.ft.com
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