Reading Blog Digest
Reading Blog Digest
Posted Monday September 18, 2006, 12:10 pm, Over one day old
Oil prices rose for a third day on Tuesday, climbing back above $64 after a fresh delay to BP's giant Thunder Horse oilfield in the Gulf of Mexico underscored the difficulty in meeting future demand growth.
Read Oil tops $64, BP delay revives future supply worry (Reuters) (Links)
Posted Monday September 18, 2006, 12:10 pm, Over one day old
The U.S. dollar was mixed against other major currencies in European trading Monday. Gold rose. The euro bought $1.2680, up from $1.2658 late Friday New York. Later, in midday trading in New York, the euro fetched $1.2673.
Read Dollar Mixed, Gold Up in Europe (AP) (Links)
Posted Monday September 18, 2006, 12:10 pm, Over one day old
The dollar recovered from early losses against the yen in Asia Monday, despite attempts over the weekend by European and Japanese policy makers to promote Japan's economy at a Group of Seven summit meeting in Singapore.
Read Dollar Higher Against the Yen in Asia (AP) (Links)
Posted Monday September 18, 2006, 12:10 pm, Over one day old
The euro rose slightly against the dollar on Monday after a tame U.S. inflation report dampened the likelihood of another interest rate by the U.S. Federal Reserve.
Read Euro Up Nominally Against the Dollar (AP) (Links)
Posted Sunday September 17, 2006, 12:10 pm, Over one day old
Oil prices nudged higher for a second day on Monday, struggling to end their steepest slump in more than a decade amid robust winter fuel stocks and easing geopolitical and weather risks to oil supplies.
Read Oil prices struggle higher (Reuters) (Links)
Posted Saturday September 16, 2006, 12:10 pm, Over one day old
International Monetary Fund chief Rodrigo Rato called on policy makers on Sunday to be ready for a slowdown in the United States, despite the prospect of strong growth in the world economy, and to tackle rising price pressures.
Read Rato sees need to address U.S. slowdown (Reuters) (Links)
Posted Saturday September 16, 2006, 12:10 pm, Over one day old
The Group of Seven rich nations urged China on Saturday to let its currency rise faster to help ease perilous imbalances in trade and backed a rise in the yen to reflect Japan's strengthening economic recovery.
Read G7 tells China to unleash yuan (Reuters) (Links)
Posted Friday September 15, 2006, 12:16 pm, Over one day old
The dollar rose against most major currencies Friday even as a government report showed inflation slowing, which reduces the possibility of another interest rate increase.
Read Dollar Rises Against Major Currencies (AP) (Links)
Posted Friday September 15, 2006, 12:16 pm, Over one day old
China, accused by critics of keeping its currency artificially weak for economic gain, said on Friday it would ease its grip on the yuan at some stage, but it remained coy about when.
Read China talks of eventual currency shift ahead of G7 (Reuters) (Links)
Posted Friday September 15, 2006, 12:16 pm, Over one day old
The U.S. dollar was higher against other major currencies in European trading Friday. Gold fell. The euro bought US$1.2646, down from US$1.2729 late Thursday in New York.
Read U.S. Dollar Up, Gold Down in Europe (AP) (Links)
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