| Gold adds to gains as dollar falls (at MarketWatch) Gold prices jumped more than $10 on Friday, shooting up as the U.S. dollar continued a steep decline after weaker-than-expected U.S. jobs data. The precious metal often gains when investors seek a safe haven. us.rd.yahoo.com |
Takeover talk lifts US stocks US stocks gained overnight amid takeover speculation for raw material producers and homebuilders following BHP Billiton's hostile bid for Canada's Potash Corp of Saskatchewan.Potash's immediate rejection of BHP's bid, announced... nzherald.co.nz |
Obama Presses China to Let Currency Rise Pres Obama increases pressure on China to immediately revalue its currency, devoting most of two-hour meeting with Chinese Prime Min Wen Jiabao to issue and reportedly sending message that if China does not comply, president may take other steps to protect American interests; for his part, Wen sticks to his familiar talking points about gradual 'reform' of China's currency policy, leaving it unclear whether Obama's message will change China's course; unusual focus on this single issue at such h... query.nytimes.com |
NZ dollar falls on weak data, then recovers The New Zealand dollar fell after weaker than expected retail sales data suggested interest rates will stay on hold for longer then recovered as the US dollar fell and Singapore moved to widen the band its currency trades in.The... nzherald.co.nz |
Nikkei slips after rally but weaker yen supports * Nikkei down 0.4 percent but up 9.6 pct so far in November * On track for biggest monthly rise in nearly a year * Profit-taking, worries over euro zone encourage selling * Yen's two-month low vs dollar ... reuters.com |