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Gold Comment: Friday 03 July

"Gold finished lower in reaction to a rebound in the US dollar..."

Oil price outlook

"Today’s market reaction to the EIA stats could provide a helpful indication for the next...

"Gold badly hit yesterday"

A look at the trends in the gold and silver markets.

INSIGHT

Oil will power to $100 a barrel
The price of oil after all is often referred to as a barometer of global economic health ...Read more...
No longer in the naughty chair
A look at a resurgent sterling by Mark Deans, Dealing Manager at Moneycorp.Read more...
BRIC Summit: What is the point?
"This reminds me of the apocryphal meeting between George Bernard Shaw and Marilyn Monroe."Read more...
Morgan Stanley: US recession over by Autumn
Economic analysts at Morgan Stanley say the recession in the US will end sooner than expected.Read more...
A new world of Small Business banking
The days of all your banking eggs in one basket, which is the way most businesses operate, needs to...Read more...

Data


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Currency july 3 2009
1  EUR  European euro. Used by 15 memberstates and 6 contries or areas outside the European union.      
1  GBP  Pound sterling. Scotland and Ireland issues own, diffrent, banknotes.      
1  USD  US dollar      
1  ZAR  South African rand      
1  SEK  Swedish krona      
1  NOK  Norwegian krone      
1  DKK  Danish krone      
1  EEK  Estonian kroon      
1  LTL  Lithuanian litas      
1  LVL  Latvian lats      
1  BGN  Bulgarian lev      
1  CHF  Swiss franc      
1  CZK  Czech koruna      
1  HRK  Croatian kuna      
1  HUF  Hungarian forint      
1  PLN  Polish zloty      
1  RON  New Romanian leu. As of 1 July 2005 the currency of Romania is the new Romanian leu (RON). 1 RON equals 10,000 old Romanian lei (ROL).      
1  RUB  Russian rouble      
1  TRY  New Turkish lira. New Turkish lira. As of 1 January 2005 the currency of the Republic of Turkey is the new Turkish lira (TRY). 1 TRY equals 1,000,000 old Turkish liras (TRL).      
1  AUD  Australian dollar      
1  CAD  Canadian dollar      
1  CNY  Chinese yuan renminbi      
1  THB  Thai baht      
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Three reasons to expect higher global inflation
Friday, 03 July 2009 13:39
Global Economic News: Economists at Morgan Stanley (NYSE:MS) in London have warned that in the coming decade inflation will significantly exceed the levels seen over the past decade.
 
Sterling expected to make gains
Wednesday, 01 July 2009 10:20
Forex and Commodities Report: This mornings surge in equities is likely to spell a good run for the sterling.
 
Hard signs of recovery
Tuesday, 30 June 2009 09:59
UK Economic News: Economy News picks out the three fundamental indicators that show things are getting better.
 
RBS brings heat to the Treasury
Tuesday, 30 June 2009 08:55
UK Economic News Roundup: RBS is in the morning news as it is reported to be at the centre of a green lawsuit aimed at the Treasury.
 
Ex Citi chief lined up for Lloyds
Wednesday, 01 July 2009 09:57
Morning Economic News: Veteran British banker Sir Win Bischoff is being lined up as the next chairman of Lloyds Banking Group according to people close to the process.
 
Sterling in new gains
Tuesday, 30 June 2009 09:44

Forex and Commodities: Growing hopes of a global recovery prompted investors to shift funds to higher-yielding assets from the safe-haven US currency, the sterling as always is a winner in this scenario.

 
Lloyds, Barclays up on FTSE
Monday, 29 June 2009 10:10
FTSE News: London’s blue chips are still ahead with banks pushing on and insurers making gains.
 
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