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commodity future day trading News

Top Scoops (Scoop.co.nz)

Jan. 5 – New Zealand shares rose on the first day of trading in 2009, extending the NZX 50 Index’s advance to a fifth day as the local market caught up with a global rally on Friday.

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GENERAL MARKET CONDITIONS/FUNDAMENTAL FACTOR (GoldSeek.com)

In 2009 all the metals and energies may not move in a straight line/linear northward direction or in a one way southward direction. Trading in 2009 will be like a zig-zag correction with most commodities moving in a direction.

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Alaron Energy Comment (Ag Report)

CHICAGO - Jan 5/09 - SNS -- Following is the energy futures comment from Alaron Trading Corp. A mood changer and perhaps a game changer. A new mood has greeted the New Year as the market deals with some optimism that the economy can actually recover.

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Asia: Nikkei settles above 9,000 (ShareCast via Yahoo! UK & Ireland Finance)

The Nikkei rallied over 2% Monday, in a half day session in Tokyo, with exporters Honda, Toyota and Nintendo bagging big gains on optimism for the year ahead.

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Euro May Fall to 87.50 British Pence, Standard Chartered Says (Bloomberg)

Jan. 6 (Bloomberg) -- The euro may fall 5.6 percent to 87.50 British pence over the next three months, Standard Chartered Plc forecast, citing technical charts that predict price movements.

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Hong Kong Stocks May See Mild Correction (Nasdaq)

(RTTNews) - The Hong Kong stock market has stretched its winning streak to three sessions now, jumping more than 1,300 points or 8.5 percent along the way.

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US experts see Qatar becoming major energy hub (Gulf Times)

By Pratap John QATAR has the possibility to emerge as a major energy trading hub with the proposed Energy City and International Mercantile Exchange taking shape, two US-based experts have said.

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