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Dow Jones edges higher on tech gains; meme stocks rallyInvestors awaited fresh cues from inflation data this week and an upcoming Federal Reserve meeting.- Reminiscent of pre-2007 days, swaps reincarnate debt bets on Wall StreetTotal-return swaps allow investors to amplify gains because they can wager on a large pool of debt while setting aside a smaller amount of ...
- SocGen targets 3% annual revenue growthSociete Generale confirmed its ambitions for Russia, where it has poured billions to take advantage of a rising middle-income class.
- WTI discount to Brent Oil slides to 4.5-month lowWTI rose as much as 0.8% in New York, shrinking the discount to North Sea Brent to the least since October 9.
- Aluminium reaches 8-week high as US rebound spurs buyingAluminium touched an eightweek high in London as signs of a strengthening US economic recovery prompted some traders to buy industrial meta...
- Copper reaches 5-week high as European manufacturing expandsCopper reached a five-week high in New York after euro-area manufacturing unexpectedly expanded for the first time in two years.
- Refined sugar falls to 3-month low on speculations of increased supplyMuslim nations usually stock up on sugar before the fasting month of Ramadan. While people fast during daylight hours, sweet treats are com...
- Oil trades near 2-week high on US supply dropWest Texas Intermediate traded near the highest price in two weeks after United States gasoline stockpiles fell and fuel demand increased.
- Brent crude edges up toward $113, Bernanke speech eyedBrent crude edged up toward $113 a barrel ahead of a meeting of central bankers later this week .
- France's AAA status in tatters as yields surgeInvestors are not waiting for Standard & Poor’s or Moody’s to strip France, Europe’s second biggest economy, of its top credit rating.
- Sugar extends rally to 30-yr high on supply concernsSugar futures extended a rally to a 30-year high on mounting concern that dry weather in Brazil, the world’s biggest producer, and record r...
- Rubber climbs to record as Thailand rains hurt outputRubber extended a rally to a record as heavy rains in the south of Thailand, the world’s biggest exporter, increased concerns that supply w...
- Commodities a good bet in long term: Kirby DaleyET Now talks to Kirby Daley, Senior Strategist, Newedge Group.
- 2011 is going to be a very bleak year in US and Asia: Kirby DaleyET Now talks to Kirby Daley, Senior Strategist, Newedge Group.
- Oil soars above $68 to seven-month highCrude oil prices soared above $68 a barrel, boosted by higher Chinese output, a weak US currency and rising equity markets. Top oil produce...
- Oil prices rebound in AsiaOil prices rebounded in Asian trade on Wednesday after data showed a decrease in US oil stocks.
- Oil prices rally as Gustav storm threat loomsOil prices rebounded on Friday as Tropical Storm Gustav risked becoming a hurricane once more and threatening US energy production in the G...
- Oil prices rise as Gustav threat loomsOil prices rebounded on Friday as Tropical Storm Gustav risked becoming a hurricane once more and threatening energy production in the Gulf...
- Oil rebounds on storm worriesOil prices rebounded in Asian trading as traders kept a close watch on a storm moving toward the Gulf of Mexico and key oil installations.
- Societe Generale broking arm to set up shop in IndiaFimat, the broking subsidiary of French banking major Societe Generale Group, is entering India, with an investment of $50 million for the ...
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