Australian shares drifted up 0.1 % in early trading

Monday, 18 April 2011 07:01

Australian shares drifted up 0.1 % in early trading but weaker commodity held back any serious gains.

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Gold hits record on speculation

Friday, 15 April 2011 08:52

Gold hits record on speculation that the ongoing crisis in Europe will worsen, enhancing its appeal as an alternative to currencies. Silver touched a 31-year high as well.

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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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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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