Jobs data skewed by ’seasonal adjustments’…  BOE surprises the market…  Oil falls below $60…  China’s reserves continue to grow… And Now… Today’s Pfennig!

Stocks, base metals and crude oil made further headway last week. Long-term US bond yields came down a bit following a successful 30-year bond auction and some pro-Treasurys comments from Japan’s finance minister. The dollar dipped while commodity-link currencies rallied.

As deep as the U.S. auto industry’s financial crisis seems to be, there may actually be a fairly simple solution. Sell out to China. Nearly a decade ago, I warned that Detroit’s Big Three – General Motors Corp. (NYSE: GM), Ford Motor Co. (NYSE: F) and Chrysler LLC – had better learn to speak Chinese if they wanted to survive.

Gold ticked higher in volatile trade on Thursday, underpinned by improving investment appetite and gains in other commodities such as oil and metals and despite the dollar rising against the euro.

Have we hit bottom? The U.S. unemployment crisis has changed the purchasing habits for the American consumer. The Investment U Research Team gives us two stocks that are benefiting from the recession and this new way of life .

With $17.4 billion owed to the U.S. government amid falling auto sales, General Motors Corp. (GM) and Chrysler LLC may be forced into bankruptcy to reassure loan repayment.

The dismal U.S. unemployment numbers have gotten more airtime recently than Jerry Springer. And why not? The numbers are mind-numbing.

Risk-taking revived but uncertainty lingers… U.S. dollar hits 2-month low vs euro, down vs yen… Don’t let go of recession trades just yet – JPMorgan

White House and Democrats tentatively agree to auto aid… Eastman Kodak, Electronic Arts warn on outlook… Energy shares could get lift from higher oil prices

Gold surge fuelled by inflation fears… Deflation seen short-lived…  Platinum boosted, helped by auto sector optimism