Tag Archives: optimism

Commodity roundup: Gold, Silver and Copper

Copper Futures rose by 2.48 percent to a two week high today, boosted by hopes that Europe will be able to stop the spread of the debt crisis.

The renewed optimism came after the President of the European Commission Jose …

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Euro posts gains against dollar while waiting on Slovakian vote

The Euro gained against other major currencies on Tuesday on optimism that lawmakers in Slovakia will pass a bailout fund this week. The country is the only one of the 17 euro members to have turn down a revamped bailout …

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Oil drops on OPEC report and Slovakian bailout fund vote

Oil dropped for the first time in six days on Tuesday as policy makers from Slovakia rejected a bailout fund that was aimed at helping the regions debt crisis. The country’s Prime Minister Iveta Radicova urged lawmakers to vote again …

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Thor Industries soars following 4Q earnings

Thor Industries (NYSE:THO) is trading more than 16 percent higher today after the company reported its fourth quarter earnings that beat analyst expectations after the market closed on Wednesday.

The company has faced a difficult period recently with the market …

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Oil sinks on raised recession fears

The price of oil has dropped more than 2.5 percent during trading so far this Friday following a report released by the Labor Department that triggered more fears that the economy is heading towards another recession. The report showed that …

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U.S. and European markets slip following U.S. Labor report

A report released by the Labor Department on Friday triggered more fears that the economy was heading towards another recession after stating that no net workers where added during the month of August and that unemployment remained at 9.1 percent.…

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