News



US STOCKS-Wall Street stages late rally on Geithner news
November 21, 2008    -    reuters.com

* Indexes rally on reports of Geithner nod for Treasury

* Energy companies rise alongside higher oil prices



GLOBAL MARKETS-U.S. stocks surge on Obama pick, dollar jumps
November 21, 2008    -    reuters.com

* U.S. stocks in late-rally on reports of Geithner pick

* Dollar surges vs yen, bond yields rise off historic lows



UPDATE 4-Gold rises above $800 on strong physical buying
November 21, 2008    -    reuters.com

* Gold rises more than 7 percent, rallying above $800

* Physical buying supports gold, but investors cautious



UPDATE 9-Oil rallies from 3-1/2-year low as stocks rise
November 21, 2008    -    reuters.com

* Oil rallies after near $100 drop since July

* Dollar down against a basket of currencies



UPDATE 8-Oil rallies from 3-1/2-year low, tracks stocks
November 21, 2008    -    reuters.com

* Oil rallies after near $100 drop since July

* Dollar down against a basket of currencies



GLOBAL MARKETS-U.S. stocks gain after steep decline, oil rises
November 21, 2008    -    reuters.com

* Energy leads U.S. stocks higher after steep 2-day slide

* Gold gains about 6 pct buoyed by weak dollar, rising oil



European stocks end at 5-1/2 year closing low
November 21, 2008    -    reuters.com

* FTSEurofirst 300 ends 2.6 pct lower, down 12 pct on week

* Pharma, utilities, telecoms take a beating



UPDATE 7-Oil rallies from 3-1/2-year low, tracks stocks
November 21, 2008    -    reuters.com

* Oil rallies after near $100 drop since July

* OPEC's Khelil says possible no output decision in Cairo



UPDATE 3-Gold jumps to 1-month high as dollar falls, oil gains
November 21, 2008    -    reuters.com

* Gold jumps nearly 6 percent

* Platinum climbs after hitting 3-week low



US STOCKS-Bargain search lifts market, but Citi wilts
November 21, 2008    -    reuters.com

* Energy shares lead market up following 2-day slide

* Citigroup reportedly mulls sales, stock plummets



UPDATE 6-Oil rallies from 3-1/2 year lows, tracks shares
November 21, 2008    -    reuters.com

* Oil rallies after near-$100 drop since July

* OPEC's Khelil says "possible" no output decision in Cairo



FOREX-Dollar, yen slip as stocks, risk appetite recover
November 21, 2008    -    reuters.com

(Updates prices, adds quote and comment, changes byline)

* Citi merger talk, equity rebound prompt FX turnaround



US STOCKS-Opening bounce eyed on bargain search, Citi
November 21, 2008    -    reuters.com

* Futures point to bounce at open after 2-day slide

* Citigroup mulling sales - source; stock up premarket



Gold jumps nearly 4 pct on weak dollar, lifts palladium
November 21, 2008    -    reuters.com

LONDON, Nov 21 (Reuters) - Gold jumped nearly 4 percent on Friday, boosted by the dollar's fall against the euro and rising oil prices, traders said.

Spot gold <XAU=> surged to $773.70 an ounce and was at $767.35 an ounce by 1348 GMT, versus $745.10 an ounce late in New York on Thursday.



SPOT GOLD &lt;XAU=&gt; JUMPS NEARLY 4 PCT TO ABOVE $773/OZ AS THE DOLL
November 21, 2008    -    reuters.com

SPOT GOLD <XAU=> JUMPS NEARLY 4 PCT TO ABOVE $773/OZ AS THE DOLLAR FALLS-TRADE



GLOBAL MARKETS-Stocks rebound on rate cut hopes; oil rises
November 21, 2008    -    reuters.com

* MSCI world equity index up 0.9 percent at 192.09

* Hopes for interest rate cuts cushion economic gloom



FTSE gains 0.9 pct as rate outlook eases jitters
November 21, 2008    -    reuters.com

* FTSE gains 0.9 percent

* Oils, miners gain on improved demand



UPDATE 5-Oil rises above $50, tracking stocks
November 21, 2008    -    reuters.com

* Oil rallies after nearly a $100 drop from July

* Oil firms to store crude on tankers as demand slumps



UPDATE 2-Gold climbs 2 pct on weak dollar, stronger oil
November 21, 2008    -    reuters.com

* Gold rises 2 percent as the dollar falls, oil gains

* Platinum jumps after hitting 3-week low



UPDATE 4-Oil rises above $50, tracking stocks
November 21, 2008    -    reuters.com

* Oil rallies after nearly a $100 drop from July

* Oil firms to store crude on tankers as demand slumps



Europe stocks bounce; led by banks and commodities
November 21, 2008    -    reuters.com

* FTSEurofirst 300 rises 1.8 percent

* Banks, miners gain; pharma shares fall



FOREX-Yen, dollar fall =2
November 21, 2008    -    reuters.com

Currency bid prices at 0916 GMT. All data taken from Reuters with percent change calculated from the daily U.S. close at 2130 GMT.

Last US Close % Chg YTD % 2007



FOREX-Yen, dollar fall as equity mkts recover poise
November 21, 2008    -    reuters.com

(Recasts, updates prices, adds quote and comment, changes byline and dateline. Previous: TOKYO)

* Citi merger talk, equity rebound prompt FX turnaround



UPDATE 3-Oil rises towards $50, buoyed by equities
November 21, 2008    -    reuters.com

* Oil rallies after nearly a $100 drop from July

* Oil firms to store crude on tankers as demand slumps



GLOBAL MARKETS-Stocks rebound on rate cut hopes; bonds up
November 21, 2008    -    reuters.com

* MSCI world equity index up 0.8 percent at 192.00

* Hopes for interest rate cuts cushion economic gloom



UPDATE 2-Oil bounces back from 3-½ yr low, tracking stocks
November 21, 2008    -    reuters.com

* Oil nears $100 drop from July record high

* Oil firms to store crude on tankers as demand slumps



U.S. CRUDE FUTURES &lt;CLc1&gt; RISE MORE THAN $2/BBL, TRACKING EQUITI
November 21, 2008    -    reuters.com

U.S. CRUDE FUTURES <CLc1> RISE MORE THAN $2/BBL, TRACKING EQUITIES



U.S. CRUDE FUTURES &lt;CLc1&gt; RISE MORE THAN $2/BBL, TRACKING EQUITI
November 21, 2008    -    reuters.com

U.S. CRUDE FUTURES <CLc1> RISE MORE THAN $2/BBL, TRACKING EQUITIES



Spot platinum up 6.1 pct on bargain hunting
November 21, 2008    -    reuters.com

LONDON, Nov 21 (Reuters) - Spot platinum bounced 6.10 percent on Friday to a high of $809 an ounce on bargain hunting, traders said.

"It is overall pretty volatile, platinum is caught between weakness due to the economic downturn and bargain hunting on the lows," a precious metals trader said.



SPOT PLATINUM &lt;XPT=&gt; BOUNCES 6.10 PCT TO $809/OZ ON BARGAIN HUNT
November 21, 2008    -    reuters.com

SPOT PLATINUM <XPT=> BOUNCES 6.10 PCT TO $809/OZ ON BARGAIN HUNTING-TRADE



FOREX-Yen slips on stock rebound, intervention caution
November 21, 2008    -    reuters.com

* Yen slips from 3-week highs vs dollar, euro

* Asian shares rebound sharply



UPDATE 1-Oil bounces back from 3-½ yr low, tracking stocks
November 21, 2008    -    reuters.com

* Oil nears $100 drop from July record high

* Oil firms to store crude on tankers as demand slumps



RPT-GLOBAL MARKETS-Asia stocks bounce back from 5-year low
November 21, 2008    -    reuters.com

* Asia stocks recover from 5-yr low, MSCI AXJ up 3 pct

* Traders cite various rumours, short-covering



GLOBAL MARKETS-Asia stocks bounce back from 5-year low
November 21, 2008    -    reuters.com

* Asia stocks recover from 5-yr low, MSCI AXJ up 3 pct

* Traders cite various rumours, short-covering



U.S. crude oil prices reverse earlier losses
November 21, 2008    -    reuters.com

SINGAPORE, Nov 21 (Reuters) - U.S. crude oil futures turned positive on Friday, after falling as low as $48.25 a barrel on fears of a long and deep global recession.

By 0508 GMT, U.S. crude for January delivery was up 31 cents to $49.73 a barrel. (Reporting by Seng Li Peng; Editing by Ramthan Hussain)



U.S. CRUDE &lt;CLc1&gt; TURNS POSITIVE, ERASING EARLIER LOSSES
November 21, 2008    -    reuters.com

U.S. CRUDE <CLc1> TURNS POSITIVE, ERASING EARLIER LOSSES