Sowing the SeedsThursday, January 8, 2009 @ 9:46AMBIG PICTURE – The financial crisis is now spreading into the real economy – corporate profits are falling, bankruptcies are soaring, unemployment is rising and various nations are now officially in recession. The economic data is worsening and sentiment is horrendous.
(AFX UK Focus) 2009-01-05 16:18 S.African stocks up for 5th session; rand steadyMonday, January 5, 2009 @ 10:29AMJOHANNESBURG, Jan 5 (Reuters) - South Africa's rand steadied against the dollar on Monday and stocks climbed for a fifth session, tracking a New Year rally in Europe as Sasol gained on stronger oil prices. At 1533 GMT, the rand was trading at 9.3399 to the dollar, not far off its previous New York close of 9.33 in thin trade. The Johannesburg Top-40 index of blue-chip stocks gained 2.64 percent ...
S.African stocks up for 5th session; rand steadyMonday, January 5, 2009 @ 10:24AMJOHANNESBURG, Jan 5 (Reuters) - South Africa's rand steadied against the dollar on Monday and stocks climbed for a fifth session, tracking a New Year rally in Europe as Sasol gained on stronger oil prices.
PRECIOUS METALS: NY Gold Futures Decline On Year-End SellingTuesday, December 30, 2008 @ 1:59PMNEW YORK (Dow Jones)--Gold futures settled lower on liquidation Tuesday as participants booked profits ahead of the New Year's holiday. February gold fell $5.30 to settle at $870 an ounce on the Comex division of the New York Mercantile Exchange.
Analysts: Markets will be calmer next yearTuesday, December 30, 2008 @ 12:01PMNEW YORK: During the first six months of 2008, commodities looked to be the saviour of investors who were losing money in the stock market. In the second half, particularly for those who had invested in oil, futures contracts were their undoing.