MY.BLOGTOP10.COM

Hedge funds pile into US stock rally at fastest pace in 2 years - Goldman SachsFULL STORYHedge funds last week "aggressively" bought U.S. stocks at the fastest pace in two years, said a Goldman Sachs note, with traders jumping into a stock rally fuelled by hopes that...

Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year.FULL STORYOil was rebounding after both benchmarks lost about 6% in the week to Nov. 3.Saudi Arabia confirmed...

Chinese President Xi Jinping said on Monday that a "healthy and stable" relationship with Australia served each country's interests, and that it was important to move forward with strategic ties.FULL STORYMutual benefit is what China wants, Xi told Australian Prime...

U.S. stock index futures inched higher on Monday as expectations that the Federal Reserve was done with its interest rate hikes gained steam ahead of commentary by a slew of policymakers later in the week.FULL STORYWall Street's main indexes posted their best weekly...

China's attempts to keep the yuan from falling contributed to last week's chaos in money markets, sources involved say, pointing to the pressure behind the scenes as Beijing tries to guide its economy and markets through a major slowdown.FULL STORYRoutine month-end...

U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world's two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders.The Treasury...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

UK construction sector shrinks again as house-building slumpsFull StoryUK Construction PMI Actual:45.6 Forecast:46.0 Previous:45.0Britain's construction industry suffered a second month of shrinkage in October as higher borrowing costs hit house-builders and worries...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

Japan's union group to seek 6% wage rise at next spring's talksFull Story HEREJapan's largest industrial union UA Zensen will seek a 6% total wage increase, of which 4% will be base pay hikes, at next spring's negotiations, a union official said on Monday. Annual wage...

Euro zone economy started Q4 on back foot, stoking recession fearsFull StoryEurozone Services PMI Actual:47.8 Forecast:47.8 Previous:47.8The downturn in euro zone business activity accelerated last month as demand in the dominant services industry weakened further, a...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

French services activity shrinks in October as demand flagsFrance Services PMI Actual:45.2 Forecast:46.1 Previous:44.4France's services sector activity shrank steadily in October on weak demand, a business survey showed on Monday, highlighting the headwinds facing the...

Italy service sector shrinks in Oct at fastest rate in a yearItaly Services PMI Actual:47.7 Forecast:48.5 Previous:49.9The Italian services sector contracted for a third month running in October and at its fastest pace in a year, a survey showed on Monday, signalling...

China's youth employment generally stable, continues to improve - state mediaFull Story HEREChina's youth employment is generally stable and continues to improve, the state-owned Xinhua News agency reported on Monday, citing an interview with Minister of Human...