oil

Global commodity demand has pushed Russia into the economic stratosphere, says Barings Asset Management.

Demand for commodities is set to continue to outstrip supply meaning good news for the investor, according to JPMorgan.

The rising number of products designed to give investors easier access to gold show there has been a rise in demand in the resource, according to JPMorgan.

IFAs should ignore concerns about the headline inflation rate when making fixed interest investment recommendations as this has little impact on bond yields and returns, says Fidelity.

Rising oil prices on cold weather has helped the FTSE up about 6 points to 6,234 this morning.

The gradually rising oil price is likely to stay at its current levels for some time and will begin to affect the wider economy for both consumers and firms, investment managers and analysts are predicting.

UK MORTGAGE BANK Bradford & Bingley may have to set aside more money to cover liabilities related to the past mis-selling of endowment policies, the firm admitted to the City yesterday.

Recent volatility in commodities prices signals a shift in the balance of economic power back towards Western service-led economies, according to L&G.

The FTSE 100 index has fallen 12.5 points, or 0.2%, to 6023.8 in early trading led by BP and Royal Dutch Shell, as oil prices head for the first decline in a week.

CHANCELLOR GORDON BROWN has been thrown a lifeline by additional tax receipts on North Sea oil companies, which have put his budget planning back no track, reports The Daily Telegraph.