THE Australian sharemarket fell slightly in quiet trading today as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless lawmakers reach ...
Reuters reported that hedge funds and money managers sharply cut their bullish bets on gold futures last week on profit taking while an improving US economic outlook prompted them to switch copper contracts to its first net long in 4 weeks. ...
Tags: hedge funds, bullish bets, gold future, gold market
Reuters reported that London copper eased as traders took profits after prices hit a near 2 month top in the previous session but signs of a revival in China's growth and hopes the United States would be able to avoid a fiscal disaster ...
Tags: London, copper, copper price, copper market
Shares in US retail giant Wal-Mart slid almost 3% in pre-open trading this morning (16 August), despite a 5.7% increase in second-quarter net income and an improved full-year outlook. The company said today that net income in the three ...
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline amid firmer Indian rupee however downside is limited. LME Copper trades in a narrow range ...
Tags: Kotak Commodity Services, copper, aluminum, zinc, nickel, lead
Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
It is well known that Zhongshan lighting industry output value reached 73 billion yuan, accounting for more than 60% market share in China, and it exports $ 4.081 billion us dollar in 2010. Products not only sold well in China, but also ...
Tags: RARE EARTH, CFL
It is well known that Zhongshan lighting industry output value reached 73 billion yuan, accounting for more than 60% market share in China, and it exports $ 4.081 billion us dollar in 2010. Products not only sold well in China, but also ...
Tags: Market View, CFL, RARE EARTH