Friday, 20 July 2012

COPPER

London copper prices edged up on Friday, holding near a two-week high hit in the previous session on hopes top consumer China would take more steps to boost its economy.
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U.S.GOLD

U.S. gold futures contract for August delivery inched up 0.1 percent to $1,582.
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SPOT GOLD

Spot gold was little changed at $1,582.19 an ounce by 0039 GMT, on course for a weekly loss of about 0.5 percent.
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GOLD

Gold hovered near $1,580 an ounce on Friday, retaining gains from the previous session as weak U.S. economic data improved the outlook for more monetary stimulus from the Federal Reserve which would drive investors to bullion.
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U.S.MARKET UPDATE

U.S. stocks rose on Thursday for a third straight day, with the S&P 500 at a 2-1/2 month high as earnings from technology companies as well as hopes for more monetary stimulus outweighed weak economic data.
The Dow Jones industrial average was up 34.66 points, or 0.27 percent, at 12,943.36. The Standard & Poor’s 500 Index was up 3.73 points, or 0.27 percent, at 1,376.51. The Nasdaq Composite Index was up 23.30 points, or 0.79 percent, at 2,965.90. 
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Thursday, 19 July 2012

ASIAN STOCK

Asian shares rose on Thursday as strong corporate profits from U.S. bellwethers allayed fears of a slowdown in earnings, particularly for the beleaguered tech sector, while the euro steadied after overnight weakness.
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U.S.STOCK

The US markets closed higher for a second session, led by techs and after Bernanke reiterated that the Central Bank stands ready to inject more stimulus despite the Fed’s latest lackluster “beige book” report. With the day’s gains, all three major averages are back in positive territory for July.
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U.S.TREASURY

U.S. Treasury debt prices rose on Wednesday as worries about a slowing economy, 10-year Treasury notes were trading up 9/32 in price at a yield of 1.48 percent, down 3 basis points from Tuesday.
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FTSE

The FTSE 100 ended up 56.68 points, or 1 percent,at 5,685.77 points – its best closing level since finishing at 5,692.63 points on July 5, and recovering from two consecutive days of slight losses.
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DOLLAR

The dollar bought 78.55 yen, falling as low as 78.46 yen — its lowest level since June 5 — after stop-loss orders at 78.50 yen were taken out.
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