RPT-GLOBAL MARKETS-Oil, gold rise as bank results loom over dlr

Mon Apr 14, 2008 10:22pm EDT
 
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By Tom Miles

HONG KONG, April 15 (Reuters) - Oil and gold prices gained on Tuesday as the dollar struggled to attract buyers due to signs of a weak earnings season for U.S. banks, which could expose yet more subprime losses and punish stocks worldwide.

Asian stocks edged higher, trimming losses from the previous session, but worries about the credit crisis and a weak dollar kept sentiment cautious.

The dollar had won support from the Group of Seven nations over the weekend but their words were quickly drowned out and the currency fell back by the end of Monday an

 

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