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TOKYO, April 1 (Reuters) - Sumitomo Metal Mining Co said on Friday it plans to produce 155,000 tonnes of copper inthe first half of fiscal year 2011/12, compared with 202,000tonnes in the previous six ...
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As higher numbers suggest a faster than expected recovery in the United States - there are more calls for the Federal Reserve to raise interest rates from record lows. The Euro shrugs of any concern from Irish Bank Stress Tests - could increasing expectations for a rate hike counter further ...
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Starting in early-Novmber, the CAD/JPY pair began to pare its losses of 2010, taking back over 600-pips in the process. The first two months of 2011 continued the ascending channel trend, and March appeared primed to take the baton for the next leg of the range trade.
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Employment in the world’s largest economy is expected to increase another 190K in March following the 192K expansion in the previous month, and the ongoing improvement in the labor market could spark increased demands for the U.S. dollar as the recovery gathers pace.
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Oklahoma oil producers said Thursday the massive amount of crude stored at the Cushing storage terminal is depressing the price of state-produced oil and more pipeline capacity is needed to move it to Gulf Coast refineries for processing.
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