Written by Crude oil rose for a third day as the International Energy Agency increased its demand forecast and the dollar weakened, bolstering the appeal of commodities as an alternative investment. READ MORE »
Posts tagged Commodities
Stocks rise as concerns about Europe ease
NEW YORK — Stocks opened higher Wednesday as investors considered whether a $1 trillion bailout package would be enough to fix the Euro zone’s long-term debt problems. READ MORE »
Oil Rises After Increased Demand Forecast, Weaker U.S. Currency
Crude oil rose for a third day as the International Energy Agency increased its demand forecast and the dollar weakened, bolstering the appeal of commodities as an alternative investment. READ MORE »
America in worse shape than Europe: China
Written by The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the eurozone’s troubles, but America’s fiscal health is worse than Europe’s, an advisor to the Chinese central bank said on Wednesday.” READ MORE »