1. Analysts said that traders were betting that oil companies and other buyers will have to come into the market since inventories at refineries are very low. 2. And the kinds of stock that gained Monday seemed to indicate that traders were betting on continued weakness in the dollar. 3. As a result, traders are betting it could be months until Iraqi barrels reach the world market. 4. Base metals such as nickel, copper, aluminum and zinc all rose as traders bet that economic growth will continue to fuel metals demand. 5. Benchmark stocks, such as Korea Electric Power Corp. and LG Chemical Ltd., rose as traders bet their shares dropped too far, given their earnings prospects. 6. Bonds tumbled with the yen as traders bet the falling yen would tarnish the allure of yen-debt to investors who convert bond income into other currencies. 7. Bonds rose in New York yesterday as traders bet that turmoil in global stock markets will persuade Federal Reserve policy-makers to hold off on raising interest rates. 8. Crude oil fell, however, as traders bet refinery inventories are ample to meet increased demand, while coffee also dropped. 9. Crude oil fell, though, as traders bet refinery inventories are ample to meet increased demand, while coffee also dropped. 10. Corn prices rose as traders bet planting delays caused by rain will leave little corn available in September, when the first fields are usually harvested. |