Friday, January 6, 2012

U.S. Economy Gains Steam as 200,000 Jobs Are Added

Paul campaign disavows anti-Huntsman ad – CNN Political Ticker - CNN.com Blogs

Huntsman objects to ad by Paul backers featuring adopted daughters - The Washington Post

Boston Globe endorses Huntsman in GOP primary - Political Hotsheet - CBS News

Gold Climbs; Crude Heads for Weekly Gain: Commodities at Close - Businessweek

Jan. 6 (Bloomberg) -- The Standard & Poor’s GSCI gauge of 24 commodities rose 0.5 percent to 664.36 as of 6:27 p.m. in Singapore. The UBS Bloomberg CMCI index of 26 raw materials climbed 0.5 percent to 1,547.041

CRUDE OIL

Oil headed for a weekly gain in New York on signs that the U.S. economic recovery is gaining momentum and concern that tensions with Iran may lead to a disruption in Middle East exports.

Crude for February delivery was at $102.18 at 8:36 a.m. London time. Yesterday, the contract fell $1.41 to $101.81, the lowest settlement this week. Prices gained 8.2 percent in 2011.

Brent oil for February settlement on the London-based ICE Futures Europe exchange rose 0.5 percent, to $111.31 a barrel. The European benchmark contract was at a $11.06 premium to New York-traded West Texas Intermediate crude. The spread was a record $27.88 on Oct. 14. Crude markets: NI CRMKTS <GO>

Iran plans new military maneuver... JPost - Iranian Threat - News