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  • Gold hits record on dollar, India could buy more 25 Nov 2009 08:16 GMT
    ... market today,” said Darren Heathcote, head of trading at Investec Australia. Spot gold rose to ... doesn’t particularly surprise me,” said David Moore, commodities strategist at Commonwealth Bank of Australia in ... banker and a rise in construction work. Traders said the relatively thin trading volume ahead ...

  • Gold hits record of $1 178/oz on dollar, India buying talk 25 Nov 2009 08:12 GMT
    ... market today," said Darren Heathcote, head of trading at Investec Australia. Spot gold rose to ... doesn't particularly surprise me," said David Moore, commodities strategist at Commonwealth Bank of Australia in ... and 6.8 tonnes had already come in. Traders said the thin trading volume ahead of ...

  • Scandi Daily 11.25 25 Nov 2009 08:10 GMT
    ... currencies along with a very well bid commodity market has also helped to keep the ... the key releases to watch on Wednesday. Traders should also expect to see some lighter trading volumes after today as the US gets ...

  • Firm rand tracks euro, surging gold 25 Nov 2009 07:54 GMT
    ... is strong on the crosses, a local trader noted. In opening trade, the rand was ... markets are doing well amid good performing commodities, while local stocks are also performing solidly. ... The longer-term signals are at important levels, trading below 200 week moving averages, suggesting the ...

  • Managing our fragile exchange reserve 25 Nov 2009 07:53 GMT
    ... that have huge dollar denominated reserves. The trade-weighted value of the dollar has dropped 11.5 ... with only one purchase by India, the price of gold rose steeply from less than ... depreciate in terms of other currencies and commodities. That's why sooner or later the government ...



  • Massmart warns earnings will be well down on previous period 25 Nov 2009 07:52 GMT
    ... State grants are benefiting from lower petrol prices and lower commodity food prices. Those consumers who were dependant ... And worryingly for the group, total unweighted trading space has increased by 6.8% since June ...

  • Palm hits 15-week high on weather fears 25 Nov 2009 07:36 GMT
    ... (US$740.8). By midday, the most-active contract was trading up RM15 at RM2,493. “The 2,500-ringgit level ... a tough nut to crack,” said a trader with a foreign commodities broker. “Weather is a great concern and ...

  • Euro flirts with USD 1.50 overnight 25 Nov 2009 07:33 GMT
    ... the USD 1.50 barrier in Far East trade overnight, rising 0.1 pc to USD 1.4990 ... and dollar selling to buy high-yielders and commodities," said Tsutomu Soma, a senior manager at ... as bookclosing ahead of the year-end makes trading jagged. "These days the market has no ...

  • Japan exchanges to study CO2 trade platform 25 Nov 2009 07:32 GMT
    ... Tokyo Stock Exchange [TSE.UL] and the Tokyo Commodity Exchange will hold the first meeting of ... a joint study panel on a carbon trading platform for Japan on Thursday, as the ... came to power in September, thinks a cap-and-trade scheme like the EU's is one way ...

  • VEGOILS-Palm hits 15-wk high on mounting weather fears 25 Nov 2009 07:32 GMT
    ... . By midday, the most-active contract was trading up 15 ringgit at 2,493 ringgit. * ... a tough nut to crack," said a trader with a foreign commodities broker. "Weather is a great concern and ...

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  • Financial crisis impact not to be overlooked in Africa 25 Nov 2009 07:31 GMT
    ... enter an era of slow growth in trade, and this is particularly detrimental or harmful ... 20 percent during the same period. International commodity prices and foreign exchange reserve constitute the main ...

  • Sobering reports pull down markets 25 Nov 2009 07:31 GMT
    ... control their lending also weighed on the market, financial stocks in particular. The comments raised ... to growth in one of the biggest trade partners of the U.S. As the end ... dollar put pressure on the shares of commodities and materials producing companies. When the dollar ...

  • OIL FUTURES: U.S. Oil Stocks, Economic Data May Test $75 Support 25 Nov 2009 07:20 GMT
    ... SINGAPORE (MarketWatch) -- Crude futures traded higher in reaction to a weaker U.S. ... well-supported or not tonight," said Ken Hasegawa, commodities sales manager at Newedge Japan. A combination ... staying at the lower band of the trading range for about a month, providing "some ...

  • PRECIOUS-Gold hits record on dollar, India buying talk 25 Nov 2009 07:20 GMT
    ... market today," said Darren Heathcote, head of trading at Investec Australia. Spot gold XAU= rose ... doesn't particularly surprise me," said David Moore, commodities strategist at Commonwealth Bank of Australia in ... 6.8 tonnes had already come in. [ID:nSP527138] Traders said the thin trading volume ahead of ...

  • RPT-PRECIOUS-Gold hits record on dollar, India buying talk 25 Nov 2009 07:20 GMT
    ... market today," said Darren Heathcote, head of trading at Investec Australia. Spot gold XAU= rose ... doesn't particularly surprise me," said David Moore, commodities strategist at Commonwealth Bank of Australia in ... 6.8 tonnes had already come in. [ID:nSP527138] Traders said the thin trading volume ahead of ...

  • Forecast offsets market's losses 25 Nov 2009 07:14 GMT
    ... Stocks slipped from 13-month highs in light trading Tuesday as gains in health care companies ... the fourth straight month of improving house prices in September did little to shore up ... Ore. A stronger dollar put pressure on commodities. When the dollar rises, it makes commodities ...

  • European Stocks To Open Higher On Economic Optimism 25 Nov 2009 07:12 GMT
    ... stocks, higher U.S stock futures and firm commodity prices. After a mixed start, Asian stocks edged ... against major global currencies and was last trading at a 2-day low of 1.6636 against ...

  • CORRECTED: Gold hits record on dollar, India buying talk 25 Nov 2009 07:11 GMT
    ... market today," said Darren Heathcote, head of trading at Investec Australia. Spot gold rose to ... doesn't particularly surprise me," said David Moore, commodities strategist at Commonwealth Bank of Australia in ... and 6.8 tonnes had already come in. Traders said the thin trading volume ahead of ...

  • Federal Reserve sees firmer U.S. growth 25 Nov 2009 07:10 GMT
    ... the falling U.S. dollar to fund their trades. President Barack Obama, during a recent visit ... prospects for a sustained rise in consumer prices. The "central tendency" forecasts of policy makers ... some officials worried a recent spike in commodity prices, which some analysts say is a ...

  • Minara, China group in Ravensthorpe bid: source 25 Nov 2009 06:54 GMT
    ... after a steep slide in the nickel price. The price has since regained some ground, ... China (MCC) ( Minara, partly owned by commodities trader Glencore, and Ravensthorpe employ similar high-pressure technology ...

  • Minara, China group in Ravensthorpe bid 25 Nov 2009 06:54 GMT
    ... after a steep slide in the nickel price. The price has since regained some ground, ... interested in Ravensthorpe. Minara, partly owned by commodities trader Glencore, and Ravensthorpe employ similar high-pressure to ...

  • UPDATE 1-Minara, China group in Ravensthorpe bid - source 25 Nov 2009 06:53 GMT
    ... after a steep slide in the nickel price. The price has since regained some ground, ... interested in Ravensthorpe. Minara, partly owned by commodities trader Glencore, and Ravensthorpe employ similar high-pressure technology ...

  • LATIN AMERICAN MARKETS: Brazil Stocks Turn Higher; Mexico Narrows Losses 25 Nov 2009 06:53 GMT
    ... the prospect that the U.S., its biggest trading partner, is still in recovery mode. "A ... high. Stocks in Brazil and Mexico had traded lower during the session, weighed by investor ... been a key factor in driving many commodity-based equity and currency markets higher this year. ...

  • Commodity Outlook for Silver by KediaCommodity 25 Nov 2009 06:52 GMT
    ... Silver eased, encountering some chart-based selling that eluded gold ... finished slightly higher. Now technically market is trading in the range as RSI for 18days ... seen yesterday that the silver market had traded with a negative node and settled -1.02% ...

  • Commodity Outlook for Gold by KediaCommodity 25 Nov 2009 06:52 GMT
    ... Gold eased as investors booked profits after prices hit record highs the day before, but ... 50DMA is at 16242.4 and gold is trading above the same and getting support at ...


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