Weak Dollar, Strong Demand Revive Commodity Bull
Commodity prices are once again reaching record highs, supported by a weak dollar and improving global demand, whether it be speculative or not. All News, Video and Posts related to TOPIC: Currencies
Home » May 31st, 2011
Entries posted on “May, 2011”
European Shares Rise on Greek Bailout Optimism
European shares rose early on Tuesday on optimism a fresh bailout deal for debt-laden Greece would go ahead, with banks among he biggest gainers. All News, Video and Posts related to TOPIC: Commodities
China’s Commodities Imports to Stage Comeback
There are early signs that China’s appetite for overseas oil, copper, aluminum, iron ore and coal will recover in the second half of 2011, having been dogged for much of the first half by the government’s campaign to put the brakes on growth and inflation. All News, Video and Posts related to TOPIC: Commodities
Euro Hits 3-Week High on Greece Deal Hopes
Germany is considering dropping its push for an early rescheduling of Greek bonds in order to facilitate a new package of aid loans for Greece, the Wall Street Journal reported, citing people familiar with the matter. All News, Video and Posts related to TOPIC: Currencies
Gold Steady; Eyes Euro Zone Uncertainty
Gold held steady on Tuesday after rising to its highest level in more than three weeks in the previous session, with investors still focusing on Greek bailout uncertainty. All News, Video and Posts related to TOPIC: Currencies
US Economy Hits a Soft Patch, But Some See It as ‘Temporary’
The economy has struck a soft patch that is likely temporary, and the second half of the year should be better, some economists say. CNBC Top News and Analysis
Ireland Rules Out Second Bailout
Ireland’s government moved on Monday to quash speculation it would be forced to seek a second EU-IMF bailout and said it would make a tentative return to international debt markets in the final quarter of next year. All News, Video and Posts related to TOPIC: Currencies
Utah Law Makes Coins Worth Their Weight in Gold (or Silver)
the New York Times reports. All News, Video and Posts related to TOPIC: Commodities
Italy Is No Greece; Foreign Debt Is Low: UniCredit CEO
Some market players have said Italy will be the next to ask for a bailout but Federico Ghizzoni, chief executive of Italian bank Unicredit, told CNBC that the country is in a totally different situation than Greece. All News, Video and Posts related to TOPIC: Currencies
Looking for a Shot in the Arm
Stock markets have been caught in a gloomy place for much of May. Despite some gung-ho risk-on days the overall trend for risk assets has been lower. All News, Video and Posts related to TOPIC: Commodities
