A Quick Glance at News

·      Asian stocks outside Japan swung between gains and losses as increases by mining companies were offset by speculation that U.S. stimulus measures announced Sept. 13 may boost inflation concerns for Asian countries.

·      China’s stocks fell the most this month on speculation the government won’t ease monetary policy as quickly as anticipated and after Citigroup Inc. said the economic growth slowdown will extend into next year.

·      Brent crude rose for the seventh straight session on Friday, climbing towards $117 a barrel on hopes for stronger global demand for oil after the U.S. Federal Reserve launched an aggressive program to stimulate the economy.

·      Gold firmed on Monday, holding near an almost seven-month high, as the U.S. Federal Reserve's latest stimulus move to spur the economy led to a rush for bullion -- a traditional hedge against inflation.

·      Brent crude rose for the eighth consecutive session on Monday to just below $117 a barrel, though prices stayed under a four-month peak hit on Friday on worries that high oil prices could hamper efforts to boost a struggling world economy.

·      London copper slipped on Monday, but still retained most of the previous session's steep climb to a 4-1/2 month top as a new round of U.S. monetary stimulus measures and a weak dollar continued to support prices.

·      President Barack Obama will launch a trade complaint against China over what his administration says is Beijing's unfair government backing of its auto industry, a White House official said on Sunday.

·      BHP Billiton Ltd. (BHP), the world’s largest mining company, climbed 2.3 percent in Sydney as rising metals prices boosted raw-material companies.

·      China’s former banking chief called the Fed’s third round of quantitative easing “irresponsible,” while an official at the regulator said the stimulus won’t provide sustained support to the U.S. economy.

·      Commodities posted the longest run of weekly gains since 2010 as the Federal Reserve’s third round of monetary measures to boost the U.S. economy spurred speculation that energy and metal demand will increase.

·      India’s central bank unexpectedly reduced the amount of deposits lenders must set aside as reserves to boost growth, supporting the government’s push to revive the economy even as it kept interest rates unchanged.

·      Vodafone Group Plc (VOD), which has resisted setting aside money for a $2.2 billion tax bill in India, may make a provision to cover the legal risks, Chief Financial Officer Andy Halford said in an interview.