Friday, 30 July 2010
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Latest HeadlinesLME copper eases, appetite returns ahead of trade data : Reuters Gold futures seen hitting new record; copper flat : Economic Times One Japan Q4 aluminium premium deal at $118/T-trader : Reuters BHP, Rio Tinto Drop in Sydney Amid Mining Tax Concern : Business Week Independents Will Take Part in Mining Tax Talks : Wall Street Journal Resource tax concerns revisit Australian miners : Marketwatch Sinochem approaches Temasek on Potash bid : Reuters BHP to re-file its bid for Potash : MoneyWeb China Adds Japanese Bond Holdings, Extending Record : Bloomberg Yen Surges Up To Fresh 15-year High Against Dollar : RTT News Bank of Korea Poised to Raise Interest Rates Even as Global Outlook Sours : Bloomberg Dlr-Yen Hits Fresh 15-Yr Low After Machine Orders : Market News International Yen Advances to 15-Year High Versus Dollar Before Fed Releases Beige Book : Bloomberg AIG no longer seeks strategic investors in AIA : Financial Times Japan Machine Orders Gain, Backing Central Bank's Pause on Adding Stimulus : Bloomberg Asian Shares Drop; Yen Strength Hurts Japan Exporters : Wall Street Journal HK stocks fall as China Mobile drags; Shanghai slips : Reuters Asia Stocks Fall as Surging Yen Dents Japanese Earnings; Gold Nears Record : Bloomberg Oil Prices Steady at $74 a Barrel : ForexYard Eskom says no firm power-contract deal yet for SA smelters : miningweekly.com China tells more steelmakers to shut or cut production : Reuters First Quantum may sue ENRC over Kolwezi : miningweekly.com China, U.S. aim to ease tensions : Reuters EUR/USD, under pressure, breaks below 1.2770 support zone : FXstreet.com Barack Obama announces $50bn infrastructure plan : BBC EU Seeks Stronger Euro Management Amid German Doubts : Bloomberg BOJ vows timely action after forgoing policy move : Reuters Barroso in first EU 'state of union' address : BBC Euro May Rise to 1-Month High Versus Dollar: Technical Analysis : Bloomberg USD/CAD breaking above 1.0400 : FXstreet.com
LME MORNING
Metals trade sideways ahead of US GDP; dull inventory data and soft euro check rally
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