Foreign financial officials dismiss a British newspaper report that
said oil exporters, China and other nations are planning to put an end
to dollar-based trading in the oil market.
Tuesday, October 6, 2009
Officials deny plans to drop dollar from oil price
Date: Tuesday, October 6, 2009
Gold hits record high as dollar slumps
Date: Tuesday, October 6, 2009
Gold hits record high as dollar slumps
Gold futures hit a new record high at $1,038 an ounce, lifted by
weakness in the dollar fueled by higher interest rates in Australia as
well as a U.K. media report that Gulf-area oil producers, along with
China, Russia, Japan and France, are planning to eventually end
dollar-based oil pricing.
GOLD FLOATS ON OIL
Gold markets are frothing at renewed talk of dropping the dollar in
favor of a yet-to-be-developed basket of currencies for pricing the
world's most important commodity -- oil. But there are wider messages
to be conveyed by the action in the metals pits.
POTENTIAL END OF DOLLAR-BASED OIL DEALS LIFTS GOLD
Growing speculation over the potential end to dollar-based trading in
the oil market may be part of the reason gold prices have rallied
beyond $1,020 an ounce to stand near their highest level in 18 months.
DOLLAR DOWN DESPITE DENIALS OF OIL-PRICING SHIFT
Dollar tumbles on reports of oil-pricing shift.
OIL PRICES GAIN AS U.S. DOLLAR TUMBLES
Oil futures rise above $71 a barrel as the dollar falls against major
currencies, luring buyers into the energy market.
Breaking News: Three share Nobel Prize in Physics
Date: Tuesday, October 6, 2009
STOCKHOLM -- The 2009 Nobel Prize in physics has been awarded to
Charles K. Kao, Willard S. Boyle and George E. Smith for breakthroughs
involving the transmission of light in fiber optics and inventing an
imaging semiconductor circuit, the Associated Press reports. The Royal
Swedish Academy of Sciences said all three have American citizenship.
Commodities rally, equity gains fuel energy stocks
Date: Tuesday, October 6, 2009
Energy stocks make broad morning gains, benefiting as the dollar
weakens and crude-oil futures push back through the $71-a-barrel
Friday, October 2, 2009
U.S. stock indexes finish Friday in red as Dow industrials cap worst week since mid-June
Date: Friday, October 2, 2009
U.S. stock indexes finish Friday in red as Dow industrials cap worst
week since mid-June
10/2/2009 4:01:07 PM EDT
Breaking News: Rio de Janeiro to host 2016 Olympics
Date: Friday, October 2, 2009
COPENHAGEN (AP) - The 2016 Summer Olympics are going to Rio de
Janeiro, putting the games in South America for the first time. Rio
beat surprise finalist Madrid in the last round of voting. Chicago was
knocked out in the first round - a major surprise considering the
personal involvement of President Obama - and Tokyo was eliminated in
the second round.
Employers shed 263,000 jobs in September - much worse than expected. Unemployment rate rises to 9.8% - highest since 1983.
Date: Friday, October 2, 2009
Employers shed 263,000 jobs in September - much worse than expected.
Unemployment rate rises to 9.8% - highest since 1983.
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