New York's main futures contract gold fell moderately and closed at below 1,200 dollars per ounce mark, gold and the dollar decline may be mainly up today, investors are not eager to enter the market concerned. As of Monday at 1:30 pm EST, the highest volume of gold contracts in the New York Merc
07.14.2010| Breaking News | TonyLiu
No CommentsNew York City the oil price once goes higher this morning, Barclays Capital analyst said last week that China announced the increase of trade surplus than expected, China's crude oil imports hit a record high, it indicated that the "oil demand side is very strong." Other energy futures, the decline
07.13.2010| Breaking News | TonyLiu
No CommentsEuropean stock markets closed higher for the sixth consecutive trading day, New York crude oil futures prices closed up nearly 3%, gold futures closed at 1213.50 U.S. dollars an ounce, it created a high record of nearly two weeks. major stock markets of world's stock closed list Dow Jones 10392.
07.13.2010| Breaking News, Market News | TonyLiu
No CommentsU.S. stocks closed higher Tuesday, financial shares led the gains，Dow component Alcoa and the railway operator CSX announced strong earnings growth, it increased investor optimism ，it continued to tape the first five consecutive trading days up momentum. EST at 16 o'clock on the July 13, the
07.13.2010| Breaking News | TonyLiu
No CommentsGold futures on the COMEX Division of the New York Mercantile Exchange ended much lower on Monday, as the U.S dollar strengthened and reduced gold's appeal as an alternative asset. Silver and platinum both retreated. The most active gold contract for August delivery lost 11.1 dollars, or 0.
07.13.2010| Breaking News, Market Report | TonyLiu
No CommentsThe U.S. dollar rose against other major currencies on Monday prior to the new earning season. Some analysts said the dollar's gain was due to worries about earnings outlooks of U.S. corporations and the health of Europe's banking system, which drove investors to seek safety. The euro fell to 1.25
07.12.2010| Breaking News | TonyLiu
No CommentsThe U.S. stocks ended slightly higher on Monday as investors avoided making big bets ahead of the earning season. There are no major economic data scheduled for release on Monday. Investors are cautiously awaiting Alcoa to report its second-quarter results after the market close, which offi
07.12.2010| Breaking News | TonyLiu
No CommentsBP confirmed Monday that it has placed a new containment cap on its leaking well in the Gulf of Mexico, U.S. media reported. The cap was expected to completely contain oil that has been gushing into the Gulf since the explosion of the Deepwater Horizon drilling rig in April, but tests are
07.12.2010| Breaking News | TonyLiu
No CommentsDow component Alcoa (AA) closed down, the stock has risen more than 9% Last week, Alcoa will be the first to announce the second-quarter results after the bell today to kicked off earnings season, the average estimate of Alcoa second-quarter earnings per share by analysts who accepted the survey of
07.12.2010| Breaking News | TonyLiu
No CommentsU.S. stocks closed higher Friday, the stock market has closed higher for the fourth consecutive trading day, the main stock index hit the biggest weekly gain in nearly a year，investors are optimistic to the second-quarter earnings released by listed companies , so U.S. stocks rose. EST at 16 o'
07.9.2010| Breaking News | TonyLiu
No CommentsThe U.S. Energy Information Administration reported the data of crude oil stocks last week on Thursday, stocks fell more than expected, it indicated that market demand is still strong, then oil prices rose, but there are also detailed analysis appear disappointment mood, when the stock close, oil pr
07.9.2010| Breaking News, Market News | TonyLiu
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