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Adam Sarhan Reuters Quote: Deutsche Bank quits commodities, but keeps index funds
Thu Dec 5, 2013 6:18pm EST By Barani Krishnan Dec 5 (Reuters) – Deutsche Bank, which is quitting trading in most raw materialsmarkets, will retain its near $9 billion commodities index fund business, a strategy industry experts said helps the German bank profit from fees and maintain ties with some of the largest investors. It also shows that…
Adam Sarhan WSJ Quote: U.S. Stock Futures Drop as Traders Eye Ukraine
LIKE THIS? JOIN OUR FREE NEWSLETTER Data on Producer Prices, Consumer Sentiment Due By TOMI KILGORE And TOMMY STUBBINGTON March 14, 2014 8:20 a.m. ET U.S. stock futures edged lower Friday, as investors braced for more volatility ahead of Sunday’s vote in Crimea on whether to secede from Ukraine.Rising tensions in Ukraine knocked European markets down…
Adam Sarhan Reuters Quote: Gold lower after strong US jobs data; platinum falls
* Drop in US jobless claims stirs ideas of Fed tapering * Platinum hits four-month low on technical selling * China’s imports from Hong Kong highest in seven months * Coming up: U.S. markets shut on Thursday By Frank Tang and Clara Denina NEW YORK/LONDON, Nov 27 (Reuters) – Gold fell on Wednesday, erasing initial…
Adam Sarhan Reuters Quote: US STOCKS-Futures climb as potential Syria action delayed
Tue Sep 3, 2013 8:05am EDT * Obama to seek congressional authorization forSyria action * Verizon falls in premarket, agrees to a deal with Vodafone * Nokia ADRs soar in premarket on deal with Microsoft * Futures up: Dow 105 pts, S&P 13 pts, Nasdaq 22.75 pts By Ryan Vlastelica NEW YORK, Sept 3 (Reuters) – U.S. stock index futures jumped on Tuesday after U.S. President Barack Obama opted…
Adam Sarhan Reuters Quote: Instant View- U.S. manufacturing sector grows in September for first time since May – ISM
NEW YORK | Mon Oct 1, 2012 10:24am EDT (Reuters) – The U.S. manufacturing sector expanded in September, shaking off three months of weakness as new orders and employment picked up, an industry report showed on Monday. COMMENTS: PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER AT OAKBROOK INVESTMENTS LLC IN LISLE, ILLINOIS “Numerically that is a pretty small amount…
Adam Sarhan Reuters Quote: Hedge funds selling gold after propping market a month ago
By Barani Krishnan NEW YORK | Fri May 17, 2013 6:55pm EDT (Reuters) – Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers, including hedge funds,…
