* U.S. dollar falls as Euro strengthens* Commodities rally supports Canadian, Australian dollars* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh (Adds details on sterling's rise, updates prices)By Tommy WilkesLONDON, Dec 27 (Reuters) - The U.S. dollar fell against a basket of currencies and slid against the euro on Wednesday in thin holiday trading, while a rally in commodity prices help...Read More
* Futures: Dow 4 pts, S&P 2.5 pts, Nasdaq 4.75 ptsBy Sruthi ShankarDec 27 (Reuters) - U.S. stock futures edged higher on Wednesday, tracking global equities, which were buoyed by a surge in commodity prices.Prices of copper, a metal widely used in power and construction, leapt to three-and-a-half-year highs after latest data from China showed a jump in imports of the metal, boosting expectatio...Read More
* Copper hits 3-1/2 year high, boding well for 2018 growth* U.S. crude oil hits $60/bbl for first time since 2015* Reports of low iPhone X demand hits tech stocks* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Abhinav RamnarayanLONDON, Dec 27 (Reuters) - World stocks edged higher on Wednesday as a strong rally in commodities buoyed expectations for a strong year for the global economy...Read More
* U.S. dollar falls as Euro strengthens* Commodities rally supports Canadian, Australian dollars* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Tommy WilkesLONDON, Dec 27 (Reuters) - The dollar eased against a basket of currencies and fell against the euro on Wednesday in thin holiday trading, while a rally in commodity prices helped push the Canadian and Australian dollars to their h...Read More
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.FUNDAMENTALS* Malaysian palm oil futures rose 2 percent on Tuesday, a second consecutive session of gains on stronger export demand and expectations of weaker production. POI/* U.S. soybean futures 0#S: rose about 1 percent on Tuesday, notching their second straight session of gains, as investo...Read More
Investing.com - Gold prices hit a three-week high on Tuesday, while the dollar showed little movement as trading volumes were expected remain subdued during the holiday season.Comex gold futures rose 0.28% to $1,282.30 a troy ounce by 4:18AM ET (9:18GMT) Tuesday, just off its intraday high of $1,283.50 which was its highest level since December 1.The dollar was little changed on Tuesday with Wall...Read More
* Spain's IBEX falls 1.1 pct* Euro slips* Spanish bond yields hit over 1-mth high* STOXX down 0.1 pct* Bitcoin falls more than 14 percentBy Ritvik CarvalhoLONDON, Dec 22 (Reuters) - Spanish stocks and the euro fell, while Spanish government bond yields hit their highest levels in over a month after Catalan separatists wanting to break away from Spain won a regional election.Separatist parties won...Read More
(Bloomberg) -- U.S. equities broke a two-session losing streak the day after Congress passed a sweeping tax bill, while Treasuries stopped a week-long slide as third-quarter economic growth was revised lower. The S&P 500 Index closed higher Thursday, buoyed by energy and financial stocks. While the U.S. GDP figure was trimmed on lower contributions from consumer spending and trade, the pace of...Read More
(Bloomberg) -- U.S. stocks fluctuated while Treasury yields climbed to a nine-month peak as the Republican tax overhaul passed its final vote before going to President Donald Trump for his signature.The S&P 500 Index was little changed Wednesday, held back in part by slumping consumer and real estate shares, while the energy and telecom sectors rose. Core European bond yields followed Treasury...Read More
(The opinions expressed here are those of the author, a columnist for Reuters.)* GRAPHIC: China's economy, trade: http://tmsnrt.rs/2iO9Q6aBy Clyde RussellLAUNCESTON, Australia, Dec 20 (Reuters) - China strode like a colossus over major commodity markets in 2017, as the world's biggest buyer of natural resources made its presence felt on demand for coal, iron ore, crude oil and liquefied natural ga...Read More
* Apple leads Wall St lower as tax-bill vote looms* Dollar regains footing on data* Gold holds firm as dollar wilts* U.S. yields rise on housing starts data before tax bill decision (Updates with open of U.S. markets; changes byline, dateline; previous LONDON)By Laila KearneyNEW YORK, Dec 19 (Reuters) - Global stock markets fell on Tuesday, with investors taking profits after recent highs in the t...Read More
* Europe opens mixed after best day for world stocks in 6 months* Wall St propelled to record highs on tax bill hopes* Dollar treads water, currencies less sanguine about tax impact* Rand rally eases after best two days since 2008 global crisis* Gold on first 3-day winning streak since October* Industrial metals fall after 4-day rally in copper, nickelBy Marc JonesLONDON, Dec 19 (Reuters) - World...Read More
Investing.com - Gold inched higher on Friday, with prices tallying their first weekly gain in a month amid expectations the Federal Reserve will maintain a slower pace of interest rate hikes next year.Gold futures for February delivery tacked on 80 cents, or around 0.1%, to settle at $1,257.90 on the Comex division of the New York Mercantile Exchange.For the week, the precious metal gained about 0...Read More
(Bloomberg) -- U.S. stocks shot to new highs after Republican leaders said they’ll release the final version of the tax overhaul bill Friday evening. The dollar gained as investors assessed messages from the Federal Reserve and European Central Bank meetings this week.All major equity gauges spiked higher earlier in the session, after fence-sitting Senator Marco Rubio said he’d support...Read More
(Bloomberg) -- U.S. equities turned lower with the dollar as investors try to assess the tax overhaul package with leaders in the Senate and House of Representatives aiming to finalize compromise legislation and hold floor votes next week. The euro retreated with the European Central Bank remaining cautious about the prospects of reaching its inflation goals.The S&P 500 Index climbed at the op...Read More
(Bloomberg) -- Mark Schmehl flouts Warren Buffett, thinks valuation is overrated and says most other rules of investing are “total baloney.”The portfolio manager, who just completed Fidelity Investments’ most successful Canadian fund launch ever, eschews investing obsessions such as earnings, cash flow and price-earnings ratios and invests at the extremes of the market instead, i...Read More
* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh* European shares dip* Dollar nurses losses after Fed decision* Pound slips after BoE keeps rates on hold* Euro steady after ECB keeps rates on hold* Stronger than expected German, euro zone PMIsBy Ritvik CarvalhoLONDON, Dec 14 (Reuters) - World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal...Read More
* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh* European shares dip* Dollar nurses losses after Fed decision* Pound, euro, await BoE, ECB* Stronger than expected German, euro zone PMIsBy Ritvik CarvalhoLONDON, Dec 14 (Reuters) - European shares and the euro dipped on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause before a series of central...Read More
* Dollar weakens broadly after Fed forecast 2 more hikes in 2018* Fed upbeat on economy; notch up 2019, 2020 forecast* Oil at 6-week high on U.S. inventory, Iran nuke deal worriesBy Hideyuki SanoTOKYO, March 22 (Reuters) - The U.S. dollar was on the defensive on Thursday after posting its largest loss in two months when the Federal Reserve turned out to be less hawkish than anticipated.Worries abo...Read More
* Dollar lifted as euro slides on Italian political uncertainty* Dollar index near fresh 5-month high brushed overnight* Aussie, loonie, kiwi supported by ebb in risk aversionBy Shinichi SaoshiroTOKYO, May 17 (Reuters) - The dollar stood tall against a basket of currencies on Thursday, as the euro retreated to a five-month low on concerns the political developments in Italy could cause wider disru...Read More