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Commodities News
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EU ready to propose 'framework' to help Greece
Monday 15 Mar 2010
European Union leaders look set to propose a 'framework' to help Greece overcome its debt crisis. Read More
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Euro zone employment down 0.2%
Monday 15 Mar 2010
Euro zone employment fell by 0.2% in the fourth quarter, new figures showed on Monday, better than expectations of a 0.5% drop. Read More
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Euro zone ministers gather for Greece meeting
Monday 15 Mar 2010
Euro zone finance ministers are today gathering for a two-day meeting in Brussels to discuss to seek a way of helping Greece overcome its debt crisis. Read More
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Commodities: Weak consumer confidence erodes demand
Monday 15 Mar 2010
Oil prices finished 1% lower on Friday as traders mulled a mixed batch of economic data. Read More
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IAE ups oil demand estimates
Friday 12 Mar 2010
Expectations of strong growth in China and other fast-growing economies prompted the International Energy Agency (IEA) to raise its forecasts for global oil demand for 2009 and 2010. Read More
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Euro zone industrial output spikes
Friday 12 Mar 2010
Euro zone industrial production saw its strongest monthly gain on record in January, providing some welcome good news for the region. Read More
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Commodities: Little change on oil markets
Friday 12 Mar 2010
Oil prices nudged up a couple of cents Thursday as the slightly weaker dollar cancelled fears that the latest increase in Chinese inflation will lead to further monetary tightening and lower demand. Read More
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China inflation picks up pace
Thursday 11 Mar 2010
Consumer price inflation (CPI) accelerated rapidly in China in February, fuelling speculation that the government will call ease stimulus measures. Read More
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Japan growth weaker than thought
Thursday 11 Mar 2010
Japan’s economy grew less than previously thought in the last quarter of 2009, new figures show, demonstrating that recovery in the Asian country may be weaker than thought. Read More
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Commodities: Oil rises after inventory report
Thursday 11 Mar 2010
Crude oil rose above $72 a barrel after the government’s weekly inventory report showed a smaller than expected increase in crude supplies. Read More
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China exports soar
Wednesday 10 Mar 2010
Exports from China rose by 46% from a year ago in February as the east Asian economic powerhouse continued its recovery from last year’s global economic downturn. Read More
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German exports unexpectedly drop
Wednesday 10 Mar 2010
German exports unexpectedly fell in January following four months of gains, official figures showed on Wednesday. Read More
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Commodities: Oil pressured by stronger dollar
Wednesday 10 Mar 2010
Crude oil prices slipped on Tuesday pressured by a stronger dollar. Read More
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FX round-up: Dollar little changed in choppy session
Tuesday 09 Mar 2010
The dollar gained a bit of ground on Monday as risk appetite faded following Friday’s upbeat jobs data and as traders await for more news about Greece’s ability to resolve its debt crisis. Read More
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Commodities: Oil gains on economic hopes
Tuesday 09 Mar 2010
Crude oil settled modestly higher on Monday following last week’s better than expected US jobs report and as concerns about Greece’s debt problems fade. Read More
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China hints yuan policy change
Monday 08 Mar 2010
Zhou Xiaochuan, the governor of the People’s Bank of China, has hinted that China could abandon the yuan's unofficial peg to the dollar. Read More
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Greek woes unlikely to spread, says IMF head
Monday 08 Mar 2010
Greece's financial woes are unlikely to spread to other eurozone countries with high debt levels, the head of the International Monetary Fund said on Monday. Read More
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Commodities: Oil rises above $81 after jobs data
Monday 08 Mar 2010
Oil prices rose above $81 a barrel on Friday after a better than expected US jobs report. Read More
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Greece unrest mounts as PMs meet
Friday 05 Mar 2010
Germany's chancellor Angela Merkel gave limited backing to Greece today ahead of a meeting in Berlin with Greek prime minister George Papandreou as civil unrest worsened over his latest aust... Read More
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US job losses much less than feared
Friday 05 Mar 2010
US employers shed far fewer jobs than expected last month although it’s likely February’s snow storms on the East Coast had a big impact. Read More
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