In the end, the rumored pre-election release in mid-September of U.S. strategic oil reserves, aimed at easing high gasoline prices, never materialized. But if the tense political backdrop in the Middle East escalates, many believe supply threats will return to the fore, sending the price of benchmark Brent crude oil past $120 a barrel and renewing calls for a release of emergency supplies.
SINGAPORE, Nov 6- Gold traded steady on Tuesday as investors awaited potential policy spinoffs from the U.S. presidential election, while China's upcoming leadership transition and Greece's strike over a new austerity package also kept sentiment cautious.
GENEVA, Nov 5- China will later this month enter talks to create an Asian free-trade bloc covering 28 percent of world GDP, a reaction to U.S. progress in forming a Trans-Pacific Partnership that excludes China, South Korean Trade Minister Taeho Bark said on Monday.
An Obama re-election will only fuel corporate America’s fears as it holds back on investing in the country amid a stalemate over the “fiscal cliff” and lack of clarity over tax rates, billionaire investor Wilbur Ross told CNBC.
TOKYO, Nov 6- Japan's Nikkei share average is likely to be contained in a narrow range on Tuesday as investors avoid taking big positions ahead of the U.S. election outcome, with a weak yen offering support to exporters.
Sean King, Senior Vice President, Park Strategies compares Former President Clinton's relationship with China with how Romney and Obama currently see the country.
*Greece funding, China leadership adds to uncertainty. NEW YORK, Nov 5- Oil rebounded on Monday from the previous session's sharp loss while metals and crop prices mostly fell as financial markets treaded warily ahead of the U.S. presidential election and amid recovery work on the destruction left by Hurricane Sandy.
Callum Henderson, Global Head of FX Research at Standard Chartered, says currency investors could see two very different scenarios based on the results of the U.S. elections.
Five years ago, Xi Jinping, the man expected to shortly become one of the two most powerful men in China, was having dinner with the U.S. ambassador to Beijing, when he brought up his love of Hollywood movies. In particular, he expressed a great admiration of Steven Spielberg’s World War II epic “Saving Private Ryan.”
Here is a run-down of the main figures in China's Communist Party as the country names the "Fifth Generation" of leaders to the helm of the world’s second largest economy.
Michael Kurtz, Global Head of Equity Strategy, Nomura explains why a Romney victory would be better for equity markets.
Wilbur Ross, Chairman & CEO, WL Ross & Co. says that China bashing is overdone in the U.S. as jobs will not return to America even if they are cut in China.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
NEW YORK, Nov 5- World stocks fell and the dollar edged up on Monday as investors played it safe before Americans choose their president and Greece headed into two key votes to secure further rescue funds.
Democratic President Barack Obama and his challenger, Republican Mitt Romney, dashed through a handful of swing states, stumping for votes on the last day of the race for the White House.
LONDON, Nov 5- Copper hit two-month lows on Monday as the U.S. presidential election, a leadership transition in China and two central bank meetings this week kept risk-prone investors on the sidelines of financial markets.
NEW YORK, Nov 5- Oil prices rose on Monday in very choppy trading as investors remained cautious ahead of the U.S. presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region.
Nov 5- TE Connectivity Ltd reported a higher-than-expected quarterly profit, but the maker of electronic connectors used in cars and consumer devices gave a forecast below Wall Street estimates, saying the economy was weaker than expected.
*Valeant, Silver Wheaton, Penn West weaker after results. Both candidates, President Barack Obama and Republican challenger Mitt Romney, were zipping across swing states on their final day of campaigning.
NEW YORK, Nov 5- World stocks fell and the dollar firmed on Monday as investors moved to the sidelines or favored low-risk assets before Americans choose their president, China starts a leadership transition and Greece faces a fraught vote to secure fresh rescue funds.