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Gold eases on profit taking |
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Gold prices edged down in early Asian trade Monday as investors took profits from earlier gains ahead of a massive US economic stimulus package |
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Oil remains steady in Asian trade |
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Oil prices remained steady in Asian trade Monday ahead of a proposed $780 billion stimulus plan in the US. |
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Paul Volcker: Master of Financial Universe |
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Chairman Volcker historically has defined the economic condition we are in as the Mother of Financial Crises. MOTHER OF ALL. Chairman Volcker historically has said that the US dollar will decline as long as no policies are put in place with the proven capacity to change deficits towards surpluses. |
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Gold ratios and the bullish trend in gold shares |
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The ratio of gold prices to many of the commodities, and the averages, is at more than a 10-year extreme which is unsustainable. In fact it could be a drag on gold prices.It is a buyer's market for gold shares as they are factoring in a gold price of less than $800. |
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French trade deficit hits $71.4 bn last year |
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Trade deficit of France hit 55.7bn euros ($71.4bn ) in 2008, due to high oil prices and the slowing economy, according to country’s the customs office. |
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OPEC crude rises above $42 a barrel |
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Organization of the Petroleum Exporting Countries (OPEC) on Friday said the price for oil produced by its member countries rose to $42.05 a barrel Thursday. |
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Iraq to sign oil deal with Iran |
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Former archrivals, Iran and Iraq might sign an oil deal within two weeks to develop oil and gas fields in both the countries. |
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Oil eases below $41 in Asian trade |
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Oil prices reversed trends in early Asian trade Friday and fell below $41 a barrel on concerns of lower energy demand ahead of a key US data report. |
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Gold slides on profit taking |
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Gold prices eased in Asia mainly on profit taking by speculators despite record high exchange-traded fund holdings underlined strong investor interest amid continuing turmoil in the financial sector. |
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Global cotton council sees 21 % drop in trade |
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International Cotton Advisory Council (ICAC) on Thursday said it expects world cotton trade to drop by 21 per cent to 6.6 million tons in 2008/09. |
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Rain comes as relief to soybean crop in Argentina |
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The rainfall early this week in Argentina has provided an ease for the drought stricken soybean growing regions, but the soil is needed to be wet more in order to achieve the output target. |
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Oil eases near $40 a barrel in Asia |
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Oil eased in afternoon Asian trade Thursday as rising crude inventories and poor corporate results suggested the worst US recession in decades could be deepening. |
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Gold slightly down on profit taking |
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Gold prices were marginally down in early Asian trade Thursday mainly on profit selling by some investors. |
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Oil remains steady in Asian trade |
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Oil prices remained steady in early Asian trade Thursday after a US Energy Department report showed fuel inventories jumped more than twice the amount expected. |
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CFTC to launch monthly report for transparency |
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CFTC has launched a new monthly report: “This Month in Futures Markets.” that will add transparency to the information the Commission provides the public concerning regulated futures markets by providing graphical and tabular displays on its site. |
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Gold edges above $900 in European trade |
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Gold prices rose above $900 in early European trade Wednesday on expectations of positive key rates announcements from European central banks and a key jobs data from the US. |
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China hikes textile export tax rebates |
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In an effort to support its struggling textile industry, China on Wednesday decided to increase export tax rebates for textile and garment makers to 15 percent from 14 percent. |
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CME Jan trading volume dips by 41 percent |
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World's largest and most diverse derivatives exchange, Chicago Mercantile Exchange on Tuesday said its trading volume in January decreased 41 percent year-on-year. |
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Oil slightly up in Asian trade |
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World oil prices advanced in early Asian trade Wednesday after OPEC comments about more output cuts to boost prices. |
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Waning demand troubles US ethanol industry |
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The ethanol industry in US is under pressure as the persistent decline in the crude oil prices waned the demand for the commodity amid rising ethanol inventories. |
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Gold extends slide in Asia |
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Gold prices continued to tumble in Asia mainly on fund selling. |
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