Oil rallies on weaker dollar, U.S.-Russian tensions

Posted by admin on August 21, 2008 under News | Be the First to Comment

Oil rallies on weaker dollar, U.S.-Russian tensions
NEW YORK (MarketWatch) — Crude-oil futures Thursday rallied more than 2% to above $118 a barrel, as the U.S. dollar fell against other major currencies and as tensions between the U.S. and Russia inc…

Oil’s down, stocks are up, but uncertainty remains (AP)

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Oil’s down, stocks are up, but uncertainty remains (AP)

Traders work in the oil pit, left, and options pit, right, at the New York Mercantile Exchange Thursday Aug. 21, 2008. Oil prices have rebounded after falling about $35, or nearly a quarter, from their all-time trading record $147.27 on July 11. (AP Photo/Richard Drew)AP – The past four weeks on Wall Street have been quite a welcome contrast. Stocks have risen, the dollar has strengthened and oil prices have plummeted.


Data Horizon To List On Tokyo Bourse

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Data Horizon To List On Tokyo Bourse
-(Dow Jones)- Data Horizon Co. (3628.TO), a Japanese medical information provider, has received approval to list on the Tokyo Stock Exchange's Mothers market on

SEC ‘Idea’ Aims To Shine Light For U.S. Investors (Investor’s Business Daily)

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SEC ‘Idea’ Aims To Shine Light For U.S. Investors (Investor’s Business Daily)
Investor’s Business Daily – The Securities and Exchange Commission has launched a new idea called Idea — short for interactive data electronic applications — to help investors.

Equities up on high inflation forecast

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Equities up on high inflation forecast
MUMBAI: Equities ended higher on Wednesday after forecasts that inflation for the week ended August 9 will be around 12.63 per cent against 12.44 per cent a week ago. The forecast motivated buying …

China shares surge 7.63 pct on policy support hopes (AFP)

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China shares surge 7.63 pct on policy support hopes (AFP)

File photo shows a Chinese investor passing a stock price board at a private securities firm in Shanghai. Chinese share prices have surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market(AFP/File/Mark Ralston)AFP – Chinese share prices surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market, dealers said.


Aussie stocks flat, earnings in focus

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Aussie stocks flat, earnings in focus
stocks on higher commodity prices. The benchmark S&P/ASX 200 .AXJO fell 1.4 points to 4,928.1 by 0010 GMT. ($1=A$1.15) (Reporting by Bruce Hextall)

SEC short selling rule made little impact: studies (Reuters)

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SEC short selling rule made little impact: studies (Reuters)

Traders on the floor of the Chicago Board of Trade, July 9, 2007. (John Gress/Reuters)Reuters – U.S. regulators’ emergency rule to restrict “naked” short selling in 19 major financial stocks had little impact and may have even backfired, two studies of the rule’s effects showed on Wednesday.


Equities open higher led by realty, metals

Posted by admin on August 20, 2008 under News | Be the First to Comment

Equities open higher led by realty, metals
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US stocks close mixed as oil falls, dollar firms (AFP)

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US stocks close mixed as oil falls, dollar firms (AFP)

A trader, seen in July 2008, makes a call on the floor of the New York Stock Exchange in New York. US stocks closed narrowly mixed Friday as falling oil prices tamped down inflation worries and the dollar continued to rally on mounting signs of a slowing global economy.(AFP/Getty Images/File/Chris Hondros)AFP – US stocks closed narrowly mixed Friday as falling oil prices tamped down inflation worries and the dollar continued to rally on mounting signs of a slowing global economy.