Oil rises to near $74 in Asia as traders look to crude as inflation hedgeOctober 13th, 2009 Oil rises to near $74 in AsiaSINGAPORE — Oil prices rose to near $74 a barrel Tuesday in Asia as investors eyed a weakening U.S. dollar and looked to commodities for protection against possible inflation.
Oil rises above $70 in Asia amid weaker US dollar, mixed crude inventory dataOctober 7th, 2009 Oil rises above $70 in Asia as US dollar weakensSINGAPORE — Oil prices rose above $70 a barrel Thursday in Asia amid a weakening U.S. dollar and mixed crude inventory data.
Oil rises above $71 in afternoon European trading as investors eye stock markets, US dollarOctober 6th, 2009 Oil above $71 as global stocks gain, dollar dropsVIENNA — Oil prices rose above $71 a barrel Tuesday, helped by a jump in global stock markets and a weaker dollar, which increases the appeal of commodities to investors. Benchmark crude for November delivery was up 83 cents at $71.24 by afternoon European electronic trading on the New York Mercantile Exchange.
Oil above $70 in Asia investors eye global stocks, US dollarOctober 5th, 2009 Oil above $70 as global stocks gainSINGAPORE — Oil prices floated above $70 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Benchmark crude for November delivery was up 19 cents at $70.60 by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil rises above $72 in Asia as US crude inventories drop, dollar weakensSeptember 10th, 2009 Oil rises above $72 as US crude inventories plungeSINGAPORE — Oil prices rose above $72 a barrel Friday in Asia as a drop in U.S. crude inventories suggested demand may be picking up.
Oil rises slightly to above $70 in Asia as investors watch stock markets for directionSeptember 1st, 2009 Oil rises above $70 as investors watch stocksVIENNA — Oil prices rose slightly to above $70 a barrel Tuesday as a rebound in Asian stocks boosted investor optimism. Benchmark crude for October delivery was up 38 cents at $70.34 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Oil hovers near $70 in Asia as investors eye stocks for clues on economic recoverySeptember 1st, 2009 Oil hovers near $70 as investors eye stocksSINGAPORE — Oil prices hovered near $70 a barrel Tuesday in Asia after a pullback in global stocks triggered a sharp drop the previous day. Benchmark crude for October delivery was up 28 cents at $70.24 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Dollar rises against euro, pound as flat personal incomes raise doubts about economic recoveryAugust 28th, 2009 Dollar rises on concerns about economic recoveryNEW YORK — The dollar edged higher against the euro and the pound Friday after a report showing flat household incomes raised doubts about an economic recovery, driving investors into the relative safety of the currency. The 16-nation euro fell to $1.4287 in late trading Friday from $1.4371, while the British pound bought $1.6269, compared with $1.6285 late Thursday.
Asia stocks extend sell-off as investors unable to shake recovery worries; Shanghai down 1 pctAugust 18th, 2009 Asia stocks extend sell-off amid recovery fearsHONG KONG — Most Asian stock markets veered lower a second day Tuesday, extending a worldwide sell-off amid continuing fears about the pace of economic recovery. Shanghai's market was up 0.2 percent in a volatile session a day after tumbling nearly 6 percent to its worst finish in two months.
Stocks begin holiday-shortened week in positive territory, investors await week's key dataJune 29th, 2009 Stocks open higher ahead of week's key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Stocks are slightly higher in early trading Monday, following mixed moves in overseas markets.
Commodity stocks weigh on world markets as dollar gets Russian filipJune 15th, 2009 Commodities weigh on world stocks as dollar risesLONDON — Mining and oil stocks pushed world markets lower Monday as the strength of the dollar following weekend comments from Russia's finance minister depressed commodity prices. In Europe, stock indexes fell quite sharply following earlier losses in Asia, with the FTSE 100 index of leading British shares down 70.58 points, or 1.6 percent, at 4,371.37 and Germany's DAX 106.40 points, or 2.1 percent, lower at 4,962.84.
Metals, energy prices higher as dollar weakness sends investors in search of inflation hedgeJune 12th, 2009 Gold, other commodities higher as dollar wanesNEW YORK — Most commodities are higher as weakness in the dollar sends investors in search of a shelter from inflation. The dollar is lower against the euro and the British pound amid more evidence that the economy's slide is abating.
Oil rises to above $69 a barrel as investors mull economy, US dollarJune 9th, 2009 Oil rises to above $69 as investors weigh outlookOil prices rose to above $69 a barrel Tuesday as traders brushed off concerns that the doubling of crude prices since March is out of step with a weak global economy. Prices also benefited from investors looking for a safe haven in commodities as the U.S.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
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October 6th, 2009 at 6:23 am
I think the US markets are having a strong recovery. It is signs to say that the recession is over.
Thanks
George