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Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
The pound has risen to its highest level against the dollar for 26 years, testing the $2.07 barrier, amid fears that the Bank of England will hold off from cutting interest rates. Experts said the pound could rise further still to $2.10 in the coming weeks, with the dollar weakening further.
Sterling storms to highest in 26 years
The gold price will soar to more than $1,000 per ounce over the next five years as dwindling supply of the precious metal combines with increased demand, Credit Suisse has forecast. The investment bank believes that gold, which earlier this week rose to a 28-year high of $795 an ounce, will reach $1,050 an ounce by 2012.
Gold price 'will rocket to more $1,000 an ounce'
OPEC oil ministers say they are powerless in the face of many factors driving up the price of crude, with one member of the producers' cartel warning that the 'market is out of control'. Mohammed bin Dhaen al-Hamli, president of Opec, told a conference in London yesterday that record oil prices are the result of speculative investment and international political tensions. "We are of course concerned about high oil prices," he said. But "the market is increasingly driven by forces beyond Opec's control".
Market is out of our control, says Opec
MiFID is here, promising a revolution in Europes markets. But what is it?
The MiFID revolution is here
Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
The pound has risen to its highest level against the dollar for 26 years, testing the $2.07 barrier, amid fears that the Bank of England will hold off from cutting interest rates. Experts said the pound could rise further still to $2.10 in the coming weeks, with the dollar weakening further.
Sterling storms to highest in 26 years
The gold price will soar to more than $1,000 per ounce over the next five years as dwindling supply of the precious metal combines with increased demand, Credit Suisse has forecast. The investment bank believes that gold, which earlier this week rose to a 28-year high of $795 an ounce, will reach $1,050 an ounce by 2012.
Gold price 'will rocket to more $1,000 an ounce'
OPEC oil ministers say they are powerless in the face of many factors driving up the price of crude, with one member of the producers' cartel warning that the 'market is out of control'. Mohammed bin Dhaen al-Hamli, president of Opec, told a conference in London yesterday that record oil prices are the result of speculative investment and international political tensions. "We are of course concerned about high oil prices," he said. But "the market is increasingly driven by forces beyond Opec's control".
Market is out of our control, says Opec
MiFID is here, promising a revolution in Europes markets. But what is it?
The MiFID revolution is here
Mifid seeks to end the historic monopoly of stock exchanges. Instinet Europes Chi-X system has begun to garner significant market share in a handful of the most liquid regional stocks, particularly those listed on the Dutch and German exchanges. It recently announced it will offer trading in French stocks and has opened trading in several large UK stocks. Last week, Chi-X reported that it had attracted more than 10 per cent of trading in the shares of BP, one of the most liquid stocks on the LSE.
Seeking to end a share trading monopoly