Stocks have got additions in trading

Investors have made significant additions to riskier assets signalled by signs of improvement in US economy.
The FTSE All world index summarises this.It is up by 0.01. The euro remains under pressure as currency bloc's financial worries going up. Recent data regarding US data regarding job market improvements
leading to consumer spending have much influenced stock additions.The evidence of US economy was shattered by Eurozone debt crisis.
Tensions in Korea and china's attempts to curb inflationary pressures are some concerns.
However the  $600bn quantitative easing programme commenced by US federal reserve right now have
been remarkable.
US data have influenced Chinese stocks as it were gained.The  Shanghai composite rose 1.3% with consumer goods performing well with the hopes of US demand.Hang sang was  higher by 0.1%.
The S&P/ASX in Sydney closed up 0.2%  as firmer commodities helped minor.Tokyo added 0.5%
as the softer tone to yen helped exporters pushing FTSE Asia -pacific index up 0.2%.
The FTSE Euro first 300 is up by 0.1% and London FTSE 100 is up 0.3%.

Gold price hits five-months high

In the wake of sovereign debt crisis in Europe and tensions in Korean peninsula,gold price rising.
Spot gold gained 0.8% to $1,377.10 a troy ounce  even as dollar rallied hard. Denominated in Euros,gold price jumped 2.7% to Euro 1,030.03 an ounce within the reach of all the time high of Euro1,050 touched in June. Gold coins and bars registered strong demand in europe leading to around 30% sales rise from the rate in November. An analyst at HSBC New York suggested that Eurozone debt crisis abating could not be visualised.
In other markets, agricultural commodities and metal enjoyed  a small bounce. ICE march row sugar rose 1.1% to 27.63cents a pound.Copper in 3 months was 0.9% hogher at $8,224 a tonne.Losses in cotton snowballed as traders showed meagre interest in taking delivery next month.ICE DecemberCotton fell 10.90 cents to $1.11 per pound accelerating a reversal from its exchange record above $1.50 on Nove-9.Cotton has come under pressure as china has taken steps to curb inflationary pressures.China's two cotton textile mils have lowered procurement prices putting pressues on prices.

Dollar versus gold and vice versa

Sterling hits the day's high against the dollar and the euro on octo.26 Tuesday after strong economic growth data and a vote of confidence in the Govt's management of economy.From the rating agency S&P the UK economy grow 0.8% in July-Sept.2010. It dampened the speculation that the Bank of England may soon
implement quantitative easing.
Euro- dipped 0.1% to $1.3945 after fully close above $1,400 on Monday (Octo.25).The euro has support
at around 1.3860 its low last Friday and 21st day moving average $1.3866.Macro funds had trimmed some
of their short dollar position as they waited to see how the G-20 currency debate shaped up.
Indian rupee- The Indian rupee eased on 26 Octo. tailing losses in the other Asian currencies and choppy
domestic share market that failed to provide direction.Coal India's $3,5billion Ipo power to price the issue
at the top of its range and building momentum for other state offers. The world's largest coal miner
would begin to refund excessive subscription for the IPO which had an instituional orders book of about $27
billion powered by foreign funds by late October or November and traders expect the rupee to weaken at
that time.