(Adds company news and futures)Feb 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 35 points higher at 7,248.8 on Thursday, according to financial bookmakers, with futures FFIc1 up 0.60 percent ahead of the cash market open.* CONVATEC: British medical devices firm ConvaTec CTEC.L said 2017 profit fell 3.3 percent, bogged down by supply issues at its top two divisions and lower sales...Read More
Feb 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 35 points higher at 7,248.8 on Thursday, according to financial bookmakers.* ANTOFAGASTA: Chilean mining company Antofagasta ANTO.L received environmental approval for a major, $1.1 billion revamp of its Los Pelambres copper mine, the regional government of Coquimbo said on Wednesday. GVC/LADBROKES: Online gambling company GVC GVC...Read More
* US Jan CPI forecast at 1.9 pct, core at 1.7 pct* Dollar under pressure ahead of inflation data* European stock markets open higher, US stock futures firm* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Dhara RanasingheLONDON, Feb 14 (Reuters) - The dollar slid to a 15-month low against the yen on Wednesday, while world stock markets found firmer ground ahead of U.S. inflation numbers...Read More
Investing.com - Gold prices continued higher on Wednesday, as investors looked ahead to U.S. inflation data to gauge how it will impact the Federal Reserve's view on monetary policy in the months ahead.Comex gold futures were up around $6.00, or 0.4%, at $1,335.80 a troy ounce by 3:40AM ET (0840GMT). It reached its best level since Feb. 6 at $1,339.40 earlier in the session.Gold futures scored bac...Read More
(Adds company news and futures)Feb 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 37 points higher at 7,213.8 on Tuesday, according to financial bookmakers, with futures FFIc1 up 0.1 percent ahead of the cash market open.* PENDRAGON: British car dealership chain Pendragon PDG.L reported on Tuesday an expected 20 percent drop in underlying pretax profit to 60.4 million pounds ($84...Read More
Feb 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 37 points higher at 7,213.8 on Tuesday, according to financial bookmakers.* CARILLION: KPMG and other leading accountancy firms face serious questions over their work with failed construction firm Carillion CLLN.L after making millions of pounds out of their relationships with the company, British lawmakers said on Tuesday. BAE SY...Read More
(Bloomberg) -- Asian stocks rose as Japanese equities joined the global rally following a holiday on Monday, amid signs markets are beginning to stabilize after the biggest weekly rout in two years.Shares advanced from Tokyo to Sydney and S&P 500 Index futures were little changed after the gauge posted its biggest two-day advance in 18 months. The 10-year Treasury yield was steady after fallin...Read More
Investing.com - Gold prices edged higher on Monday, as market players looked ahead to a busy week of economic data, including monthly inflation indicators, for further clues on how fast the Federal Reserve will raise interest rates this year.Comex gold futures were up around $8.00, or 0.6%, at $1,323.50 a troy ounce by 3:55AM ET (0855GMT).Gold futures declined on Friday to suffer from their larges...Read More
(Adds company news and futures)Feb 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 83 points higher at 7,175.5 on Monday, according to financial bookmakers, with futures FFIc1 up 1.25 percent ahead of the cash market open.* SAGA: Saga Plc SAGAG.L , a British tourism and insurance group for the over-50s, said it had signed a quota share deal with NewRe and German reinsurer Hannover...Read More
Feb 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen to open 83 points higher at 7,175.5 on Monday, according to financial bookmakers.* LADBROKES: Britain's largest bookmaker Ladbrokes Coral LCL.L reported a 4 percent rise in full year net revenue on Friday helped by strong growth in its European retail and digital business. TESCO: Supermarket group Tesco TSCO.L , Britain's biggest retail...Read More
Investing.com - Gold prices edged lower on Friday in what was a fifth day of declines in the last six sessions as the stronger dollar weighed on the precious metal, making it more expensive for holders of other currencies.Gold futures for April delivery settled at $1,315.70 on the Comex division of the New York Mercantile Exchange. For the week, prices were down 1.62%.The U.S. dollar index, which...Read More
* Fresh sell-off on stock markets hurts cyclical assets* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl* LME/ShFE arb: (Updates throughout, adds LONDON dateline)By Jan HarveyLONDON, Feb 9 (Reuters) - Copper fell on Friday and other metals broadly retreated as stock markets extended this week's sharp slide, with the prospect of rising U.S. interest rates denting hopes that surging economic gr...Read More
(Bloomberg) -- The sell-off in global stocks that briefly looked to have ended mid-week has come back, tipping markets from the U.S. to Asia into declines exceeding 10 percent from their January highs . China, where retail investors dominate, got hit particularly hard Friday.Equity traders have yet to get comfortable with a jump up in benchmark U.S. 10-year yields to their highest in four years, a...Read More
(adds analyst comment, updates prices)BEIJING, Feb 9 (Reuters) - Copper prices fell in London and Shanghai on Friday, extending recent declines following a renewed plunge in global equity markets and another big rise in copper inventories.The losses have put three-month London Metal Exchange (LME) copper, which is now trading below the $7,000 a tonne mark that had provided support so far in 2018,...Read More
2/2(Bloomberg) -- The dread that gripped equity markets earlier in the week re-emerged Thursday as U.S. stocks plunged on concern that rising interest rates will drag down economic growth.U.S. stocks fell to two-month lows after a nine-day swoon, erasing their gains for the year. Thursday’s 3.8 percent loss took the S&P 500 Index’s decline since its Jan. 26 record past 10 percent,...Read More
(Updates with closing U.S. market levels, adds emerging market ETF)* Wall Street indexes end sharply higher after day of big swings* European shares end down 2.5 pct* Oil and industrial metals fallBy Caroline ValetkevitchNEW YORK, Feb 6 (Reuters) - The U.S. benchmark S&P 500 stock index closed more than 1.0 percent higher after a sharply volatile session on Tuesday, recovering from the biggest...Read More
(Updates with closing U.S. market levels)* Wall St indexes ends sharply higher after day of big swings* European shares end down 2.5 pct* Oil and industrial metals fallBy Caroline ValetkevitchNEW YORK, Feb 6 (Reuters) - U.S. stocks posted strong gains after a sharply volatile session on Tuesday, recovering from the biggest one-day declines in the Dow and S&P 500 in more than six years, while c...Read More
(Updates to late afternoon U.S. trading, adds oil settlements)* Wall St indexes still experiencing big swings* Nikkei ends down 4.7 pct, European shares down 2.5 pct* Oil and industrial metals fallBy Caroline ValetkevitchNEW YORK, Feb 6 (Reuters) - U.S. stocks reversed course again to trade more than 1 percent higher by late afternoon Tuesday, a day after the Dow and S&P 500 indexes saw their...Read More
(Updates to early afternoon U.S. trading, adds volatility index)* Wall St indexes experiencing big swings* Nikkei ends down 4.7 pct* Oil and industrial metals fallBy Caroline ValetkevitchNEW YORK, Feb 6 (Reuters) - U.S. stocks were down moderately in early afternoon trading on Tuesday but were swinging wildly between positive and negative territory, a day after the Dow and S&P 500 indexes saw...Read More
Investing.com - Gold prices edged lower to start the week on Monday, as investors reacted to data from the U.S. Labor Department showing wages last month recorded their largest annual gain in more than 8-1/2 years.The data contributed to the sentiment that inflation is picking up and higher interest rates are on the horizon.Comex gold futures were a touch lower at $1,336.10 a troy ounce by 3:15AM...Read More