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 Leave a Reply Click here to cancel reply. Name (required) Email (will not be published) (required) Website Comment