Italian Bonds Rise for Second Day After Senate Votes for Austerity Package

Italian bonds climbed for a second day as the nation’s Senate voted for debt-reduction measures designed to shore up investor confidence and pave the way for a new government in the euro area’s third-biggest economy.    http://www.bloomberg.com/news/2011-11-11/german-two-year-yield-approaches-record-low-before-italian-parliament-vote.html

 

Sugar Falls in New York as New Harvests Bolster Surplus Case; Cocoa Gains

Sugar fell in New York, heading for a fourth weekly decline, on signs new harvests will add to supplies. Cocoa advanced and coffee was little changed.   http://www.bloomberg.com/news/2011-11-11/sugar-falls-as-new-harvests-bolster-prospects-for-surplus-cocoa-advances.html

 

Crude Futures Head for Longest Run of Weekly Gains in New York Since 2009

Oil headed for the longest run of weekly gains since April 2009, on speculation that signs of U.S. economic growth and Europe’s steps to contain its debt crisis will support fuel demand.  http://www.bloomberg.com/news/2011-11-11/oil-rises-heading-for-longest-run-of-weekly-gains-in-new-york-since-2009.html

 

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