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US stocks climb on gains in durable goods, home sales
US stock indices made gains Wednesday after government figures showed demand is rising for long-lasting goods and housing.
bignewsnetwork.com

Options traders place bets on a big move for banking sector giant
Options traders are hot on the heels of financial giant Citigroup (C: sentiment, chart, options), with investors trying to take advantage of the stock's more than 200% rally from its early March lows...(Read More)
Schaeffersresearch.com

Short View: Who foots the bill?
Most of the world's major economies are trying to spend their way out of the sudden collapse in financial activity using borrowed money, says John Authers
FT

Gordon Brown: $100B needed to revitalize trade - SFGate: Business & Technology
British Prime Minister Gordon Brown is calling for the world's top economies to create a $100 billion fund to finance global trade. Brown is visiting Brazil on a three-continent tour. He is trying to drum up support for a coordinated economic plan ahead of... ...
NewsRack

The Next Five Years: Peak Lite and the Current Oil Picture - NewsTrust Yahoo Pipes Feed
A few years ago, after spending a lot of time thinking about peak oil, and then watching the price of oil break out of its historical trading range and head higher, the idea of came to me. Over time the price of oil had bounced between $10 and $30 a barrel, but about 5 years ago it broke from that pattern and started the steady climb that culminated in $147/bbl last summer. I had been having various debates about whether we were or weren't at the global peak in oil production (I was taking the 'not yet but soon' position), but it started to become clear to me that we didn't require a global peak before we started to feel the impact of peak oil. I proposed the following to explain what I thought was happening. (Don't get too fixated on the dates ...
NewsRack

Oil rises as equity gains spur thoughts of recovery
INTERNATIONAL. Crude oil rose in New York on expectations fuel demand will recover after equity markets climbed on signs the global economy is stabilising.
Business Intelligence Middle East

Clinton: US shares blame for Mexican drug wars
U.S. Secretary of State Hillary Rodham Clinton on Wednesday pledged to stand 'shoulder to shoulder' with Mexico in its violent struggle against drug cartels, and acknowledged the U.S. shares blame because of its demand for drugs and supply of weapons. She... Presented By:New Trojan Attacks Pirates The most recent Mac trojan horse make life difficult for Mac software pirates trying to get a free copy of iWork '09.www.community.norton.com >> Ads by Pheedo
SF Gate

16:00 (CET) - Geithner will present anti-fraud measures
Tim Geithner , US Treasure Secretary , said that it will present a new model for corporation bailouts. This model will try to avoid situations like AIG or Lehman Brothers . Geithner also said that it is not necessary to create a new reserve currency, as proposed by Chinese officials.
Alerts Feed

16:25 (CET) - US: Housing sales better than expected
The new house sales rose 337.000 units, against the 300.000 expectation. Comparing with January, it's a 4.7% climb. Despite this, it's still too early to talk about a trend inversion. We need two more months with climbs before we can start talking about it. In any case, the selling levels are still near historical lows. This is a good data for the dollar and the stocks , but negative for...
Alerts Feed

15:30 (CET) - XauUsd
The XauUsd ( ounce of gold against the dollar ) has made a steep climb quoting at 940.55 dollars an ounce , correcting then to 925.35 after the profit taking by some investors.
Alerts Feed

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