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News of Chinese buying ‘re-ignites gold’s relevance

Market news | ninemsn Money — Fri, 24 Apr 2009 22:34:18 +0000

By Chris Flood, Financial Times, 24 Apr 2009Gold prices rose modestly on Friday after China said it had become the world’s fifth largest holder of bullion after secretly increasing its reserves by 75 per cent to 1,054 tonnes since 2003. Gold added 0.9 per cent at $910.20 a troy ounce, taking its gain over the week to 4.9 per cent. There was talk that China’s announcement could prompt a broader reassessment of gold’s role as a reserve asset by other central banks.

US STOCKS-Earnings, banks lift Wall St; Nasdaq up for 7th week

Market news | ninemsn Money — Fri, 24 Apr 2009 20:32:55 +0000

* Corporate earnings lift Wall St * Stress test assumptions fail to curb enthusiasm

FOREX-Euro rises vs dollar, G7 says economic decline slowing

Market news | ninemsn Money — Fri, 24 Apr 2009 18:47:46 +0000

* Euro rallies on German sentiment data, risk appetite * G7 says pace of decline slowing, stocks rise

MARKETS-BRITAIN-STOCKS =2

Market news | ninemsn Money — Fri, 24 Apr 2009 16:27:09 +0000

* For related prices, Reuters Terminal users may click on – * UK stock report [.L] FTSE index: <0#.FTS6> techMARK 100 index: <.FTT1X> FTSE futures: <0#FFI:> Gilt futures: <0#FLG:> Smallcap index: <.FTSC> FTSE 250 index: <.FTMC> FTSE 350 index: <.FTLC> Market digest: <.AD.L> Top 10 by vol: <.AV.L> Top price gainers: <.NG.L> Top % gainers: <.PG.L> Top price losers: <.NL.L> Top % losers: <.PL.L> * For related news, click on – * UK hot stocks: [HOT&GB] Wall Street: [.N] Gilts report: [GB/] Euro bond report [GVD/EUR] Pan European stock report: [.EU] Tokyo stocks: [.T] HK stocks: [.HK] Sterling report: [GBP/] Dollar report: [USD/] * For company prices, click on – * Company di

European shares up 2 pct in late trade

Market news | ninemsn Money — Fri, 24 Apr 2009 15:03:07 +0000

* FTSEurofirst 300 up 2 pct * Oils, banks top gainers; Wall St rallies

PRECIOUS-China buying boosts gold to 3-week high

Market news | ninemsn Money — Fri, 24 Apr 2009 13:51:42 +0000

* China buys gold to rebalance its reserves * China may buy more, perhaps directly from the IMF

US STOCKS-Wall St set to open higher, Ford beats expectations

Market news | ninemsn Money — Fri, 24 Apr 2009 13:15:24 +0000

* Ford jumps after posting better-than-expected results * American Express up as profit falls but beat Street

FOREX-Euro gains vs dollar, euro, Ifo poll boosts

Market news | ninemsn Money — Fri, 24 Apr 2009 12:32:11 +0000

* Euro hits 1-wk high vs dollar as Ifo survey tops forecasts * Yen climbs; dollar slides across the board

MARKETS-BRITAIN-STOCKS =2

Market news | ninemsn Money — Fri, 24 Apr 2009 10:36:24 +0000

European shares up led by oils, banks; Volvo drops

Market news | ninemsn Money — Fri, 24 Apr 2009 09:35:09 +0000

* FTSEurofirst 300 rises 0.3 percent * Ifo lends support