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Week ahead: May 23 ? May 27

Egypt will be in focus this week as the detention period of former Egyptian president Hosni Mubarak comes to an end on Friday. But will he walk free? Mubarak is currently in a hospital in the Red Sea resort of Sharm el-Sheikh, where he is being held. His detention was supposed to have ended on …Continue reading: "Week ahead: May 23 –...

Source: Week ahead: May 23 ? May 27

US Dollar Posts Weekly Losses as Economy Looks Bad

The US dollar ended week lower against most major currencies as the US economic data was negative for the whole week. The minutes of the Federal Open Market Committee monetary meeting further weakened the dollar as they showed that the Federal R...

Source: US Dollar Posts Weekly Losses as Economy Looks Bad

Harrods cashes in on Chinese terminals

Chinese tourists with money to spend don’t need an excuse to buy luxury goods, but they do need the plastic to facilitate their purchases. That’s why it wasn’t until Harrod’s installed special Chinese credit card readers in its stores earlier this year that the store could boast it had sold two bottles of £25,000 wine,...

Source: Harrods cashes in on Chinese terminals

It is business as usual at Vale

Move along, nothing to see here! Murilo Ferreira, the new chief executive of Brazilian mining giant Vale, held his first press conference earlier on Friday – an hour-long session in which he said, well, very little. ?There is nothing new here,? the 57-year old finally told his baffled audience about 40 minutes in. The point …Continue...

Source: It is business as usual at Vale

NYMEX-Crude up as June expires, closes week off a bit

* Short-covering on news of al Qaeda plot lifts prices * Dollar gains versus euro on negative Greece news * Coming up: API stocks data, 4:30 p.m. EDT, Tuesday NEW YORK, May 20 (Reuters) - U.S. crude futures ...

Source: NYMEX-Crude up as June expires, closes week off a bit

Metals Stocks: Gold futures advance in ?tug-of-war? market

Gold and silver futures edged higher in electronic trading during Asian trading hours Friday, with both metals turning positive for the week, while analysts see a 'tug-of-war' occurring in the market.

Source: Metals Stocks: Gold futures advance in ?tug-of-war? market

METALS-Copper ends down after U.S. data, trade cautious

* Copper falls under weight of economic concerns * Trade still cautious after early May correction * LME aluminium back away from record high (Recasts, adds New York dateline/byline, updates with New York ...

Source: METALS-Copper ends down after U.S. data, trade cautious

Metals Stocks: Gold, silver futures extend gains

Gold and silver futures gain in electronic trading hours on Thursday, extending gains made in regular New York trading in the previous session.

Source: Metals Stocks: Gold, silver futures extend gains

[$$] Hong Kong Exchange Begins Gold Trading

Hong Kong Exchange Begins Gold Trading The Hong Kong Mercantile Exchange began trading U.S. dollar-denominated gold futures on its electronic platform, an attempt to lure commodities traders away from Chicago and London.

Source: [$$] Hong Kong Exchange Begins Gold Trading

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