Thursday, 2nd September 2010

Latest stories in the Commodities section

ECB ups growth forecast but remains cautious

3 hours ago

European bonds tumbled as the ECB upped its forecast for growth throughout the eurozone, though the central bank kept interest rates at 1% and maintained its special lending facilities to help cash-strapped European banks.

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ECB ups growth forecast but remains cautious

European bonds tumbled as the ECB upped its forecast for growth throughout the eurozone, though the central bank kept interest rates at 1% and maintained its special lending facilities to help cash-strapped European banks. 3 hours ago

Commodities: Oil back near $74

Oil prices rose more than they have done in any session for a month on Wednesday as US and Chinese manufacturing surveys improved the demand outlook. 11 hours ago

Eurozone PMI turns lower

Manufacturing activity throughout the eurozone cooled a little in August, though the overall reading still indicated a healthy picture overall. Yesterday

Commodities: Oil falls below $72, gold forges ahead

Crude oil futures fell below $72 a barrel on Tuesday on concern about increasingly high stockpiles and as minutes from the Federal Reserve showed wide disagreement about how to deal with the economic slowdown. 2 days ago

India grows fastest in over 2 years

The Indian economy grew 8.8% in the second quarter, its fastest pace in two and a half years, official data revealed Tuesday. 2 days ago

Japanese stocks fall despite Bank intervention

Japan's latest measures to try to curb its currency's rise have failed to reassure the market, with the yen continuing to climb and stocks falling sharply. 2 days ago

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