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(AFX UK Focus) 2009-07-10 13:23 STOCKS NEWS US-Crude oil sinks below $60 per barrel
Published July 10, 2009, 5:50 am, Interactive Investor
Stocks on the move Real-time Equity news
May trade deficit unexpectedly drops to $26B
Published July 10, 2009, 5:50 am, AP via Yahoo! Finance
The U.S. trade deficit fell to the lowest level in more than nine years in May as exports posted a small gain while the weak American economy pushed imports down for a 10th straight month.
G8 discusses blocking oil market speculation-Italy
Published July 10, 2009, 5:49 am, AlertNet
Source: Reuters (Adds quotes, details) L'AQUILA, Italy, July 10 (Reuters) - The G8 nations have asked international bodies to study ways of intervening in oil markets to block speculation, Italian Prime Minister ...
Gold, Little Changed, May Fall on Stronger Dollar, Lower Oil
Published July 10, 2009, 5:49 am, Bloomberg
July 10 (Bloomberg) -- Gold, little changed in London today, may decline as a stronger dollar and lower oil prices curb the metal’s appeal as an alternative investment and hedge against inflation. Silver dropped.
US trade deficit narrows to $26bn
Published July 10, 2009, 5:49 am, RTÉ News
The US trade gap narrowed unexpectedly to $26 billion in May to the lowest reading since November 1999 as exports rose despite weak global demand and imports shrank.
DATA SNAP: US Trade Deficit Unexpectedly Narrows In May
Published July 10, 2009, 5:48 am, The Forex Market
=============================================================== May International Trade ! ! May Apr ! Consensus: ! Deficit: $25.96B $28.79Br ! $30.00B ! Exports: $123.31B $121.41Br ! Actual: !
US Import Prices Jump On Oil; Easing Deflation Risk
Published July 10, 2009, 5:48 am, The Forex Market
WASHINGTON -(Dow Jones)- U.S. import prices jumped last month, matching their largest increase in nearly two decades, as soaring oil prices and a weaker U.S. dollar further lowered the odds of a protracted period of economy-wide price declines known as deflation.
Stock futures point to lower Wall Street open
Published July 10, 2009, 5:47 am, AP via Yahoo! Finance
Stock futures are pointing to a lower open, unaffected by a government report that the U.S. trade deficit narrowed in May to nine-year low.
Oil Set for Biggest Weekly Drop Since January on Demand Concern
Published July 10, 2009, 5:46 am, Bloomberg
July 10 (Bloomberg) -- Crude oil fell, heading for its biggest weekly decline since January, on concern a prolonged global recession will sap energy demand and as a stronger dollar cut demand for commodities a currency hedge.
Demand doubts push oil prices lower
Published July 10, 2009, 5:46 am, Channel 4
Crude oil has retreated below 60 US dollars a barrel as doubts over fragile global demand put downward pressure on prices.
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