Investing.com - Gold prices were little changed in mid-morning trade on Friday as investors looked forward to the start of the Group of Seven summit and digested a round of trade threats by U.S. President Donald Trump.At 10:30AM ET (14:30GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange inched up 40 cents, or 0.03%, to $1,303.40 a troy ounce.In a sess...Read More
* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* MSCI ACWI set to break 3-week streak of losses* Focus on G7 meeting this weekend* Talk of Fed, ECB tightening adds to risk-off sentiment* Asian shares close lower; Europe opens in the red* Dollar rebounds, Italy bonds under renewed pressureBy Ritvik CarvalhoLONDON, June 8 (Reuters) - World stocks slipped on Friday as expectations that tra...Read More
* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* MSCI ACWI set to break 3-week streak of losses* Focus on G7 meeting this weekend* Talk of Fed, ECB tightening adds to risk-off sentiment* Asian shares close lower; Europe opens in the red* Dollar rebounds, Italy bonds under renewed pressureBy Ritvik CarvalhoLONDON, June 8 (Reuters) - World stocks slipped on Friday as expectations of trade...Read More
Investing.com - Gold prices were little changed in European morning trade on Friday as investors looked forward to the start of the Group of Seven summit.At 4:02AM ET (8:02GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange slipped 40 cents, or 0.03%, to $1,302.60 a troy ounce.In a session with no major U.S. economic data, market participants will focus...Read More
(Adds company news and futures)June 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 24 points lower at 7,680 on Friday, according to financial bookmakers, with futures FFIc1 up 0.67 percent ahead of the cash market open.* SYNTHOMER: Chemicals maker Synthomer plc SYNTS.L said it was included in an European Commission investigation into practices related to buying styrene monomer, a c...Read More
June 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 24 points lower at 7,680 on Friday, according to financial bookmakers.* LLOYDS BANKING: Lloyds Banking Group LLOY.L will sell its remaining 97.7 million shares in Standard Life Aberdeen SLA.L , representing 3.3 percent of the shares of the asset manager, Bank of America (NYSE:BAC) Merrill Lynch which is running the deal said on Th...Read More
(Recasts lead, adds analyst comments, updates levels throughout)* MSCI ex-Japan slip from 2-1/2 month highs* Euro near three-week highs as ECB seen tapering stimulus* U.S. jobless claims drops, pointing to tightening labour market* Copper at 4-1/2 year highs, oil prices strongBy Swati PandeySYDNEY, June 8 (Reuters) - Asian shares stepped back from a 2-1/2 month high on Friday as risk appetite sour...Read More
The price of copper held steady just off more than four year highs on Friday after customs data showed imports of raw materials by China rising sharply in May.In brisk trading New York Comex copper for delivery in July traded at $3.3050 a pound ($7,286 per tonne), up 7.8% over the last week and on track for its highest close since January 2014.Concentrate imports for January to May now total 7.8 m...Read More
Battery cell maker Northvolt has begun building in Sweden what will be Europe's largest lithium-ion battery cell factory, as it received the environmental permit for phase one earlier this week.The company aims to reduce reliance on batteries from China and South Korea as European carmakers come under increasing pressure hurry up and catch onto the ongoing electric vehicles (EVs) boom.Batteries...Read More
Katanga boasts one of Congo's biggest reserves of copper and cobalt, but it has underperformed for decades. (Image: Musonoie-T17 open pit mine. Courtesy of Katanga Mining.)Congolese-American businessman and convicted fraudster Charles Brown has brought back a lawsuit against Glencore (LON:GLEN) the company considered dead, becoming the third court challenge the mining and commodities giant faces...Read More
SHANGHAI, Jun 8 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index extended its decline overnight and closed at 93.44.LME aluminium dropped close to 2% while lead, nickel and tin rose some 1%. LME copper inched up and hit a fresh high in four and a half years as the worries lingered over supply from the Chile Escondida l...Read More
* Asian shares set for wobbly start, Nikkei futures down 0.6 pct* Euro near three-week highs as ECB seen tapering stimulus* U.S. jobless claims drops, pointing to tightening labour market* Copper at 4-1/2 year highs, oil prices strongBy Swati PandeySYDNEY, June 8 (Reuters) - Asian shares are set for a soft start on Friday as global risk appetite deteriorated on worries the European Central Bank wa...Read More
* Euro gains as investors bet on ECB stimulus wind-down* U.S. Treasury prices gain on trade tensions before G7 summit* S&P 500, Nasdaq end down, while Dow rises (Updates with U.S. markets' closing levels)By Caroline ValetkevitchNEW YORK, June 7 (Reuters) - The euro climbed to a three-week peak on Thursday as expectations mounted that the European Central Bank will signal an early wind-down of...Read More
* Euro jumps as investors bet on ECB stimulus wind-down* U.S. Treasury prices extend gains* U.S. stocks mixed (Updates with oil price settlements)By Caroline ValetkevitchNEW YORK, June 7 (Reuters) - The euro climbed to a three-week peak on Thursday as expectations mounted that the European Central Bank will signal an early wind-down of economic stimulus, while oil prices jumped on concern about a...Read More
* Euro jumps as investors bet on ECB stimulus wind-down* U.S. Treasury yields slip* S&P 500 index little changed in midday U.S. trading (Updates with U.S. markets, changes dateline, previous LONDON)By Caroline ValetkevitchNEW YORK, June 7 (Reuters) - The euro climbed to a 3-week peak on Thursday as expectations mounted that the European Central Bank will signal an early wind-down of stimulus,...Read More
Investing.com - Gold prices were little changed on Thursday as investors awaited the outcome of geopolitical risks and looked forward to key decisions on monetary policy to be delivered next week.At 10:28AM ET (14:28GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange inched up 80 cents, or 0.06%, to $1,302.20 a troy ounce.In the short-term, market parti...Read More
* Global stocks at 3 1/2 week high* Euro, Bund yields jump as ECB wind-down priced in* U.S. Treasury yields flirt with 3 percent level* Copper hits 2018 high* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* Graphic: S&P 500 Volatility https://reut.rs/2M7b77tBy Helen ReidLONDON, June 7 (Reuters) - The euro and bond yields rose on Thursday as investors priced in an early wind-down of E...Read More
* Global stocks at 3 1/2 week high* Euro, Bund yields jump as ECB wind-down priced in* U.S. Treasury yields flirt with 3 percent level* Copper hits 2018 high* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Helen ReidLONDON, June 7 (Reuters) - World stocks hit a three-week high on Thursday and the euro and euro zone bond yields extended gains as investors priced in a potentially earlier...Read More
(Refiles with today's date)* Global stocks at 3 1/2 week high* Euro, Bund yields jump as ECB wind-down priced in* Copper hits 2018 high* Volatility falls further* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Helen ReidLONDON, June 7 (Reuters) - World stocks hit a three-week high on Thursday and the euro and German Bund yields also rose as investors priced in a potentially earlier-tha...Read More
* Global stocks at 3 1/2 week high* Euro, Bund yields jump as ECB wind-down priced in* Copper hits 2018 high* Volatility falls further* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Helen ReidLONDON, May 21 (Reuters) - World stocks hit a three-week high on Thursday and the euro and German Bund yields also rose as investors priced in a potentially earlier-than-expected wind-down of sti...Read More