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10/29
·China Market Eyes Continue Gain
Again shrugging off the threat of further economic tightening by the government, analysts are calling for China's Shanghai Composite Index to continue its climb when the market opens for business on Monday. Last week, data revealed that the Chinese e
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10/26
·Gold Closes Higher Again In U.S. Trading
Gold closed up on Wednesday in U.S. trading, marking its third straight day of gains. Bullion for December delivery finished at $771, up $5.40 on the session. The rise has taken gold away from the 10-day low it reached on Monday. The price of gold ga
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10/26
·Crude Oil Reaches Another Record High
Oil reached another record high on Thursday in U.S. trading and closed above $90 for the first time ever. Light sweet crude for December delivery closed at $90.46, up $3.36. Crude got as high as $90.60 in afternoon trading. The previous high of $90.0
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10/25
·Stocks Decline But Pare Early Losses - U.S. Commentary
Disappointing quarterly results and weak housing data sent stocks lower on Wednesday, but a rumor that the Federal Reserve may cut interest rates before its meeting next week brought stocks well off of their intraday lows. Early in the session, stock
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10/25
·Dollar Range-Bound Versus Majors Heading Into Wednesday Evening
The dollar saw little movement versus its major counterparts Wednesday after another disappointing reading on the US housing situation. The greenback barely budged after mid-morning despite concerns about the outlook for global stocks amid more probl
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10/24
·Wheat Drops Sharply In U.S. Trading
Wheat fell by the most allowed by the Chicago Board of Trade on Tuesday. December wheat fell 30 cents a bushel to $8.41. The drop took wheat away from a weekly high. Thegrain moved lower amid reports of a higher crop in Pakistan that could reduce dem
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10/24
·Stocks Rise On Strong Quarterly Results
Stocks rose for a second consecutive session on Tuesday, as strong quarterly results from several blue chip companies was enough to offset investors' uncertainty over the health of the economy. Late Monday, Apple (AAPL) released its fourth-quarter re
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10/24
·Crude Oil Prices Move Lower
Crude oil declined on Tuesday in U.S. trading as December took over as the front-month contract. Light sweet crude for December delivery was at $85.27, down 75 cents on the session. Oil fell as low as $84.82, but was able to pare some of those losses
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10/24
·Bank Of England's Barker Warns Further Volatility Cannot Be Ruled Out
(RTTNews) - Kate Barker, a member of the monetary policy committee of the Bank of England, discussed on Tuesday how the UK's monetary policy has been affected by recent financial turbulence. She attributed the stability to inflation targeting, statin
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10/23
·Chairman Evans Sees Positive Signs For U.S. Inflation Improvement
Chicago Federal Reserve Bank Chairman and CEO Charles Evans says the latest numbers on U.S. inflation have been positive, and sees little upward or downward movement in levels of inflation, but signs of increased inflation would be cause for serious
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