International Business News - Global Markets http://www.ibtimes.com/rss/feed/globalmarkets.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/globalmarkets.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif Next weeks G8 may shine the spotlight on the USD as the global standard http://www.ibtimes.com/articles/20090704/dollars-demise.htm http://www.ibtimes.com/data/articleimgs/216246-.jpg http://www.ibtimes.com/articles/20090704/dollars-demise.htm http://www.ibtimes.com/articles/20090704/dollars-demise.htm Sat, 04 Jul 2009 02:53:30 EDT Oil dropped a dollar to below $66 a barrel on Friday after unemployment data hardened views economic weakness would sap energy demand and that last month's rally was overdone. http://www.ibtimes.com/articles/20090703/oil-falls-below-66-after-bleaks-jobs-data.htm http://www.ibtimes.com/articles/20090703/oil-falls-below-66-after-bleaks-jobs-data.htm Fri, 03 Jul 2009 13:48:04 EDT Oil fell toward $66 a barrel on Friday, adding to a drop of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone. http://www.ibtimes.com/articles/20090703/oil-falls-near-66-after-bleaks-jobs-data.htm http://www.ibtimes.com/data/articleimgs/216194-steam-and-other-emissions-are-seen-coming.jpg http://www.ibtimes.com/articles/20090703/oil-falls-near-66-after-bleaks-jobs-data.htm http://www.ibtimes.com/articles/20090703/oil-falls-near-66-after-bleaks-jobs-data.htm Fri, 03 Jul 2009 11:40:01 EDT Oil traded below $67 a barrel on Friday, adding to a fall of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone. http://www.ibtimes.com/articles/20090703/oil-below-67-after-bleaks-jobs-data.htm http://www.ibtimes.com/data/articleimgs/216173-steam-and-other-emissions-are-seen-coming.jpg http://www.ibtimes.com/articles/20090703/oil-below-67-after-bleaks-jobs-data.htm http://www.ibtimes.com/articles/20090703/oil-below-67-after-bleaks-jobs-data.htm Fri, 03 Jul 2009 09:40:04 EDT The non farm payrolls data showed the labour market in the US under increasing pressure, seriously questioning all that 'green shoots' saga and easily spilled over into energy complex. http://www.ibtimes.com/articles/20090703/crude-comment.htm http://www.ibtimes.com/articles/20090703/crude-comment.htm Fri, 03 Jul 2009 09:36:59 EDT Some controversy remains as to whether speculation or fundamentals were behind the spectacular rise in the oil price in 2008, or for that matter the rise in the oil price during the last 6 months. http://www.ibtimes.com/articles/20090703/oilfinal-note-on-speculation-vs-fundamentals.htm http://www.ibtimes.com/articles/20090703/oilfinal-note-on-speculation-vs-fundamentals.htm Fri, 03 Jul 2009 09:36:51 EDT Gold finished lower in reaction to a rebound in the US dollar but really the reasons behind the decline were a number of factors. http://www.ibtimes.com/articles/20090703/gold-and-silver-comment.htm http://www.ibtimes.com/articles/20090703/gold-and-silver-comment.htm Fri, 03 Jul 2009 09:28:35 EDT Since 1800, the U.S. has had more years of inflation than deflation, 92 versus 53. The record for the two precious metals is remarkably similar. http://www.ibtimes.com/articles/20090703/summary-inflation-and-deflation-united-states.htm http://www.ibtimes.com/articles/20090703/summary-inflation-and-deflation-united-states.htm Fri, 03 Jul 2009 08:58:54 EDT Good morning … Precious MetalsGold was flat until just before the London open on Thursday, then commenced a long, slow slide that continued until the noon hour in New York, with a bottom at $926 before some uninspired late day buying pushed it to a finish at $928.80/oz., down $11.50. For the... http://www.ibtimes.com/articles/20090703/the-daily-resource-07-03-2009.htm http://www.ibtimes.com/articles/20090703/the-daily-resource-07-03-2009.htm Fri, 03 Jul 2009 08:18:02 EDT Gold rebounded yesterday after the jobless figures out of the US were worse than expected. This instigated a slump in equities and investors pumped funds into gold to hedge against falling stock markets. Gold is currently trading at $932.60/£571/€666.04. http://www.ibtimes.com/articles/20090703/goldcore-precious-metals-update.htm http://www.ibtimes.com/articles/20090703/goldcore-precious-metals-update.htm Fri, 03 Jul 2009 07:51:28 EDT Gold rebounded yesterday after the jobless figures out of the US were worse than expected. This instigated a slump in equities and investors pumped funds into gold to hedge against falling stock markets. Gold is currently trading at $932.60/£571/€666.04. http://www.ibtimes.com/articles/20090703/goldcore-precious-metals-update.htm http://www.ibtimes.com/articles/20090703/goldcore-precious-metals-update.htm Fri, 03 Jul 2009 07:51:26 EDT The Energy Report caught up with newsletter writer and analyst Lawrence Roulston, who recently launched the GreenTech Opportunities newsletter. In this exclusive interview, Roulston gives us his thoughts on developments that are happening in the alternative energy field, and ideas for profiting in a changing world. http://www.ibtimes.com/articles/20090702/lawrence-roulston-challenges-and-enormous-opportunities-in-alternative-energy.htm http://www.ibtimes.com/articles/20090702/lawrence-roulston-challenges-and-enormous-opportunities-in-alternative-energy.htm Thu, 02 Jul 2009 16:23:58 EDT Gold finished lower on Thursday and surrendered most of its gains from the previous session. A disappointing employment report and stronger U.S. dollar dragged the precious metal into negative territory. http://www.ibtimes.com/articles/20090702/gold-drops-as-dollar-rebounds.htm http://www.ibtimes.com/articles/20090702/gold-drops-as-dollar-rebounds.htm Thu, 02 Jul 2009 15:59:00 EDT Since Wednesday, June 24, natural gas spot prices fell at most market locations east of the Rocky Mountains, with decreases of as much as 89 cents per million Btu (MMBtu). Prices at the Henry Hub declined by 17 cents per MMBtu, or about 4 percent, to $3.63 per MMBtu. http://www.ibtimes.com/articles/20090702/natural-gas-weekly-update.htm http://www.ibtimes.com/articles/20090702/natural-gas-weekly-update.htm Thu, 02 Jul 2009 15:11:27 EDT Our Thursday Weekly Export Sales Report came out at 7:30a central time showing 1.155 m.m.t. of old crop delivery corn was sold last week up 68% from the week prior and 67% over our four week average. http://www.ibtimes.com/articles/20090702/grain-report.htm http://www.ibtimes.com/articles/20090702/grain-report.htm Thu, 02 Jul 2009 15:07:31 EDT The performance of a number of global stock markets is given in the table below in local currency terms for different measurement terms ended June 30. http://www.ibtimes.com/articles/20090702/monthly-performance-round-road-recovery-june-30.htm http://www.ibtimes.com/articles/20090702/monthly-performance-round-road-recovery-june-30.htm Thu, 02 Jul 2009 15:04:55 EDT Swelling gasoline stocks and a far-bigger-than-expected rise in U.S. unemployment drove oil markets down more than $2 Thursday to below $67 a barrel. http://www.ibtimes.com/articles/20090702/oil-falls-below-67-focus-on-weaks-economy.htm http://www.ibtimes.com/articles/20090702/oil-falls-below-67-focus-on-weaks-economy.htm Thu, 02 Jul 2009 12:00:02 EDT Crude oil slides further in European morning as driven by poor economic data released in the Eurozone, plunges in stock markets as well as rebound in USD. http://www.ibtimes.com/articles/20090702/gold-crude-oil-equity-market.htm http://www.ibtimes.com/articles/20090702/gold-crude-oil-equity-market.htm Thu, 02 Jul 2009 11:42:21 EDT China has requested that a new global currency be discussed at next week's Group of Eight meeting in Italy. The news sent the dollar into a downward spiral and the price of gold rallied above $940, confirming its status as a currency hedge. http://www.ibtimes.com/articles/20090702/goldcore-precious-metals-update.htm http://www.ibtimes.com/articles/20090702/goldcore-precious-metals-update.htm Thu, 02 Jul 2009 10:03:29 EDT If it is Thursday, it must be jobs (numbers) day, and the day to reverse Wednesday's gains in gold prices. http://www.ibtimes.com/articles/20090702/men-not-work.htm http://www.ibtimes.com/articles/20090702/men-not-work.htm Thu, 02 Jul 2009 09:46:34 EDT