*Anglo American focused on De Beers after overhaul. BENGALURU/ BRUSSELS, May 27- Anglo American Plc's De Beers named insider Bruce Cleaver as chief executive of the diamond group, which the global mining company is counting on to help revive its fortunes. However, producers are seeing scope for recovery, especially in the United States, which accounts for some 45... » Read More
Global stocks reached new 11-month highs on Friday, boosted by positive Chinese economic data. The Shanghai Composite closed 2.2 percent higher after robust retail, production and investment data for August indicated China's economy is accelerating. But experts tell CNBC Chinese stocks will see another correction before year end.
The 2009 stock market rally continued unabated on Thursday as global stocks hit fresh 11-month highs. Experts tell CNBC they see for long-term upside for oil and that sugar holds value.
Global stocks were lower on Wednesday, taking a breather after hitting 11-month highs the previous day as gold breeched the $1,000 an ounce mark. Experts tell CNBC world markets will continue to make gains, with the U.S. possibly rising another 15-20 percent.
Stocks moved higher near the close as oil prices surged more than $3 a barrel and gold made a run at $1,000 an ounce before backing off.
Stock prices steadied at modestly higher levels as Wall Street staked a rally on rising prices of gold and oil.
Merger Monday is a day late this week because of the Labor Day Holiday, but it's Kraft's pursuit of Cadbury that's helping drive stock market sentiment this Tuesday.
Global stocks rose for the second day in a row on Tuesday with emerging market shares hitting new year highs and gold rising above $1,000 an ounce. Experts tell CNBC the dollar will fall in the short-term as investors' interest in stocks peaks.
Global stocks rose on Monday as investors jumped back into equities. Experts tell CNBC investors should buy bonds when the market dips and to gently increase their exposure to stocks.
Global stocks gained on Friday, although investors were cautious ahead of the U.S. jobs data out later in the day. Some investors have begun to pull back from equities, expecting a correction after such a long rally.
We could see a return to market fundamentals in September, according to Clive Lambert, director at FuturesTechs. He sees stocks paring back slightly, with oil tracking the losses, and gold creeping up to its former safe-haven glory again.
Global stocks rose on Thursday as a 4.8 percent surge in China shares offset a rocky start to the month on concerns the global economic recovery is losing steam. Experts tell CNBC there are buying opportunities when the market falls and that to secure wealth in the long-term, investors should look to blue-chip companies and get out of corporate bonds.
Global stocks fell Wednesday, following Wall Street's overnight selloff, on financial concerns. Experts tell CNBC the rally we experienced since the March lows was just a "bounce" and that markets haven't bottomed yet.
The stock market rally we have experienced since hitting the lows in March is over and stocks could retest those lows in the future as further problems loom for the financial sector, Chris Locke, managing director at Oystertrade.com Management, said Wednesday.
China is set to tighten its hammerlock on the market for some of the world’s most obscure but valuable minerals, says the New York Times.
Global stocks were up Tuesday with defensive sectors like health care outperforming as investors took less risk ahead of U.S. economic data. Experts tell CNBC there is still buying power left in the U.S. to buy China on the market dips.
Global stocks were lower Monday as Chinese shares sank over 6 percent to a 3-month low, sapping investor willingness to take risks. But experts tell CNBC there is long-term value in the materials and energy sectors.
Global stocks rose on Friday as confidence in a sustainable recovery grew. Experts tell CNBC to go long on recovery-focused stocks while shorting stocks which are prone to volatility because of news flow.
Global stocks were mostly lower on Thursday as upbeat economic data from the UK and Germany was offset by worse-than-expected data out of Sweden and Spain, leaving investors wary of chasing shares higher in light-volume trade. Experts tell CNBC they like financials, miners and China.
South America, which boasts a range of basic resources and agriculture, is showing signs of rebounding from the global recession. But political uncertainty continues to plague the continent.
Gold's "breaking out" to a higher level as imminent, Chris Locke, managing director at Oystertrade.com Management, told CNBC Wednesday, as other analysts have said the precious metal could shine again as inflation fears resurface.
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