01/15/10 Front month crude prices slipped this session following speculation that Chinese banks will soon cut its lending practices.
Crude Prices drop amongst concerns of Chinese banks cutting lending
Friday, January 15, 2010
US Dollar Gains Oil and Gold Fall
US Dollar Gains Overnight; Oil and Gold Fall
The US dollar was showing overnight gains against the Euro, Yen and Pound and this spells bad news for commodities today. Shares of the SPDRs Gold ETF (GLD) were trading lower early Friday, as were shares of the iPath Oil ETF (OIL).Rosenberg we will see 15% drop in Home Prices
Gluskin's Rosenberg Discusses U.S. Economy, Housing
Jan. 15 (Bloomberg) -- David A. Rosenberg, chief economist and strategist at Gluskin Sheff & Associates Inc., talks with Bloomberg's Carol Massar about the U.S. economy and housing market. (This is an excerpt of the full interview. Source: Bloomberg)
Subscribe to:
Comments (Atom)
