US stocks rallied as encouraging signs on the economy

Friday, 15 April 2011 06:56

US stocks rallied as encouraging signs on the economy overshadowed poor corporate earnings reports. The FED reported that factories increased production for the ninth straight month.

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Crude is trading off slightly

Friday, 15 April 2011 04:51

Crude is trading off slightly in early US trading off the back of a weaker dollar. Benchmark crude was down 22 cents at $107 on the NYMEX at time of writing.

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Portugal’s central government deficit falls

Friday, 15 April 2011 03:43

Portugal’s central government deficit fell to 148 million euros in the first quarter from 1.8 billion euros a year earlier and state spending fell 3.7 % in the quarter

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Wheat futures dropped

Friday, 15 April 2011 02:39

Wheat futures dropped on speculation that higher shipments of the grain from Ukraine may boost global supply, corn and soybeans fell also.

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The Swedish currency appreciated

Friday, 15 April 2011 02:18

The Swedish currency appreciated against both the euro and dollar for a third day. The Swedish economy is expected to grow 3.8 % in 2012 and 3.6 % in 2013.

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