Rubber Retreats From Five-Month High on Growth Concern, Lower Oil Price
Rubber Retreats From Five-Month High on Growth Concern, Lower Oil Price
Rubber declined from a five-month high as a drop in global stock markets raised concern that the economic recovery may falter and lower oil prices cut the appeal of the commodity as an alternative to synthetic products.
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PRECIOUS METALS – EUROPEAN MORNING VIEW – Metals near highs on continued diversification
London, 24 September 2010 – Despite initial profit taking gold and silver closed Thursday in a steady mood after a larger than expected rise in US jobless claims, again sparked concerns about the US economy following Tuesday’s comments from the FOMC. Gold held close to 00/oz, although failed to surpass Wednesday’s high; silver meanwhile set a fresh 2½-year high of .25 as the metal continue …
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HK stocks post 4th straight week of gains
* HK stocks up 0.3 pct at 5-mth closing high
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