August 22, 2008

Commodity trading charts - onmouseover="return window.status='http://www.sanluisobispo.com/news/politics/story/439445.html'" onmouseout="window.status="" href="http://www.sanluisobispo.com/news/politics/story/439445.html">Senators say report on oil prices is flawed



Senators say report on oil prices is flawed
Democratic senators say a government report issued last month on oil prices was based on flawed information. They're asking for an investigation into the matter. In a letter Thursday to the inspector general of the Commodity Futures Trading Commission, four senators criticized an interim study that said fundamental supply-and-demand factors were to blame for the run-up in oil prices. The study …

Dollar Falls Against Yen, Euro Before U.S. Manufacturing Report
Aug. 21 (Bloomberg) — The dollar fell against the yen before a central bank report forecast by economists to signal manufacturing contracted, undermining the case for the Federal Reserve to raise interest rates.

Reuters Canada Business Summary
OTTAWA (Reuters) - Soaring energy prices helped push up Canadian retail sales in June by 0.5 percent from May and by an unexpectedly steep 1.4 percent if auto and gasoline sales are excluded, Statistics Canada said on Wednesday.

CFTC's new task force targets 'forex fraudsters'
The Commodity Futures Trading Commission sets up a task force to investigate and file charges related to fraud found in the off-exchange retail foreign-exchange markets.
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