FreshPips.com / User / maximumpips / Submitted

Oil, Metals, Crops Fall on Concern U.S. Bailout Plan May Fai

posted by maximumpips 1335 days ago in Oil, Metals

Commodities fell, led by oil, copper and lead, on concern the U.S. plan to spend $700 billion propping up America's banks won't unlock credit markets and avert a slowdown in the world's largest economy.

Discuss

Gold Falls for Fourth Day in London Trading on Dollar Streng

posted by maximumpips 1338 days ago in Gold made popular 1338 days ago

Gold fell for a fourth day in London as the dollar strengthened against the euro, diminishing demand for the metal as an alternative investment. Platinum also fell.

Discuss

Copper Drops in N.Y. as Falling Home Sales Signal Slower Dem

posted by maximumpips 1340 days ago in Metals made popular 1339 days ago

Copper fell for a second day on speculation that the depressed U.S. housing market will continue to stifle economic growth and reduce metals demand.

Discuss

Oil Falls First Time in Week on Concern Over U.S. Bailout Pl

posted by maximumpips 1341 days ago in Oil made popular 1339 days ago

Crude oil fell for the first time in a week on skepticism that a U.S. government bailout plan for financial companies will bolster economic growth and fuel consumption.

Discuss

Oil Rises for Fourth Day as U.S. Bailout Plan May Spur Deman

posted by maximumpips 1342 days ago in Oil

Crude oil rose for a fourth day in New York on speculation the U.S. government's proposed $700 billion rescue plan for the finance industry will spur demand.

Discuss

Oil Gains a Third Day as Bank Bail-Out Plan Boosts Stock Mar

posted by maximumpips 1345 days ago in Oil

Crude oil rose for a third day, following equities higher as government measures to resolve the bank crisis drew investors back to financial markets.

Discuss

Oil Rises as Dollar Extends Loss, Boosts Appeal of Commoditi

posted by maximumpips 1346 days ago in Oil

Crude oil rose a second day, recovering earlier losses, as the dollar extended its slump against the euro, enhancing the appeal of commodities as a currency hedge.

Discuss

Crude Oil Rebounds From a Two-Day Decline on AIG Rescue Plan

posted by maximumpips 1347 days ago in Oil made popular 1347 days ago

Crude oil rebounded from its biggest two-day decline in almost four years after the Federal Reserve agreed to rescue American International Group Inc., easing concerns of a further economic slowdown in the U.S.

Discuss

Crude Oil Tumbles as Wall Street Turmoil Adds to Demand Conc

posted by maximumpips 1348 days ago in Oil made popular 1346 days ago

Crude oil tumbled, dipping below $91 a barrel and taking its two-day decline to more than $10 on concern that turmoil on Wall Street may weaken the global economy and reduce demand.

Discuss

Gold Prices May Rebound on Demand for Alternative to Dollar

posted by maximumpips 1349 days ago in USD, Gold

Gold may rebound on speculation that the dollar's rally against the euro will stall, boosting demand for the precious metal as an alternative investment.

Discuss

Gold Rebounds From 11-Month Low in London as the Dollar Weak

posted by maximumpips 1352 days ago in Gold

Gold rebounded from an 11-month low in London as the dollar fell against currencies such as the euro, bolstering the appeal of the metal as a hedge against further declines. Platinum and palladium also advanced.

Discuss

Oil Is Steady Amid Signs Producers Are Prepared for Gustav

posted by maximumpips 1365 days ago in Oil

Crude oil was little changed as Hurricane Gustav approached the Gulf of Mexico, amid speculation that energy producers are better prepared to face a hurricane than when Katrina struck in 2005.

Discuss