|
|
Friday, 21 Nov 2008 - 9:40:27 AM (AEST)
|
London SPOT PRICE
|
New York SPOT PRICE
|
|
|
|
|
|
Gold futures rise, gaining ground as gloomy economic news and falling crude-oil prices step up investors' interest in safe-haven buying.
|
|
|
| There was an error reading this XML feed... |
|
Swiss franc sinks after rate surprise
Currency drops to weakest level in 15 months against dollar after Swiss National Bank surprises investors with 100bp rate cut
|
Fresh worries over Asia's sliding currencies
Concerns over a sharp slowdown in global growth prompts a renewed downward shift in risk appetite driving foreign investors to repatriate funds from the region, piling pressure on local currencies
|
Bank of England discussed 200bp rate cut
The Bank of England's Monetary Policy Committee voted unanimously to slash the bank rate by 1.5 percentage points this month, and considered an even larger cut, underscoring concerns about credit conditions globally and the decline in consumption and demand at home
|
|
|
|
|