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Gold and Oil News - November 27, 2007 11:00
Benton Resources gains on zinc assays
TORONTO (SHfn) -Drill reports for two junior explorers proved positive for shareholders. Benton Resources (TSX: V.BTC, Bullboards) has reported that high grade zinc assays are in from the Ruby Hill showing on the Gem project, located 140km north of Read More… SINGAPORE: Oil prices fell further Tuesday on growing expectations that OPEC ministers will agree […]
Stocks slide despite Fed move on funding fears
Stocks slide despite Fed move on funding fearsUS stock prices and bond yields plunged as credit fears grew in spite of aggressive efforts by the Federal Reserve to head off a year-end funding squeezeSource: www.ft.com
Markets plunge on credit woes
NEW YORK (Reuters) – Stocks tumbled on Monday as investors worried rising mortgage defaults and credit market losses will drag on the economy, fueling fears that consumers will slash spending during the vital holiday season. Read More… NEW YORK (Reuters) – Citigroup Inc shares fell below $30 for the first time in more than five […]
Practice Forex Trading – Sponsored Link
Practice Forex Trading – Sponsored Link Ad – Free $100,000 Practice Account With Real-Time Charts, News & Research! Source: c.enhance.com Oil falls more than $1 on OPEC, stock market drop -Reuters The weak dollar, coupled with investment inflows into energy and concerns over winter supplies, has pushed up the average forecasts for oil prices next […]
The Event Horizon For Credit
I was going to write a letter that pointed to evidence that supported the scenario that you see near the beginning of my occasional letters. I decided not to.
Trucks and cars drive Europe higher
Trucks and cars drive Europe higherEngineering and metals stocks lifted European equities thanks to a broad recovery of the industrial sectors, hit in recent weeks by fears of economic slowdown denting demandSource: www.ft.com
Ex-U.S. Treasury head Summers says recession likely: report
Ex-U.S. Treasury head Summers says recession likely: report ZURICH (Reuters) – The odds now point to a U.S. economic recession that slows global growth significantly even if necessary policy changes are implemented, former U.S. Treasury secretary Larry Summers said. Source: feeds.reuters.com
Futures rise on strong holiday sales (Reuters)
Reuters – Wall Street looked set for a higher open on Monday as futures rose on data showing the holiday shopping season got off to a robust start, defying concerns of a slowdown. Read More…
Oil Prices Rise Near $99 As Temps Fall
— Oil prices rose to near $99 a barrel Monday with temperatures falling in the United States and Europe and continued weakness for the U.S. dollar. The Thanksgiving holiday on Thursday marked the unofficial start of winter in the United States. Among Read More…
Trucks and cars drive Europe higher
Engineering and metals stocks lifted European equities thanks to a broad recovery of the industrial sectors, hit in recent weeks by fears of economic slowdown denting demand Read More…
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