Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Which is the cart, which the horse? All economists know a strong US$ means weak commodity prices and vice versa, even if the precise mechanics are not wholly understood. The dollar is currently near record highs against major currenci...Read More
The Philippines has no plans of revoking tough mining regulations imposed in the last year and which led to last week's dismissal of Natural Resources Secretary Regina Lopez, President Rodrigo Duterte said on Wednesday.But the new head of the environment office, Roy Cimatu, says it is possible to balance mining and natural resources protection.Authorities, however, seem willing to ease up on a cra...Read More
BHP Billiton (ASX:BHP) (LON:BLT) confirmed Wednesday it had begun a sale process for its Cerro Colorado mine, one of its smaller Chilean copper operations, though it said it's just evaluating the options and that no decision have been made.Workers at the operation, in the northern Tarapac?? Region, temporarily blocked access roads to the site in protest for the decision, which they say will inev...Read More
* Financials-focused hedge fund made 9.4 pct in year to end-April* Founder del Missier ran fund internally with $100 mln* Firm now employs 12 peopleBy Maiya Keidan and Anjuli DaviesLONDON, May 9 (Reuters) - A hedge fund firm run by the former co-CEO of Barclays (LON:BARC) investment bank Jerry del Missier and focused on the financial services industry has opened to external capital, del Missier...Read More
Investing.com - Gold prices were higher in European trade on Wednesday, bouncing off the prior session's eight-week low after U.S. President Donald Trump abruptly fired FBI Director James Comey in a move that shocked Washington.Rekindled fears that North Korea could be gearing up for another weapons test also supported gold.Comex gold futures rose around $6.00, or about 0.5%, to $1,222.30 a troy o...Read More
(Adds company news, futures)May 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points lower on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.18 percent ahead of the cash market open.* ASTRAZENECA: Drugmaker AstraZeneca Plc AZN.L said its asthma drug failed to meet the main goal of significantly reducing the annual asthma exacerbation rate in a late-stage...Read More
May 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points lower on Wednesday, according to financial bookmakers.* BHP BILLITON: BHP Billiton BHP.AX , BLT.L said it had started a sales process to potentially divest its Cerro Colorado copper mine in Chile. STANDARD LIFE/ABERDEEN: Standard Life SL.L and Aberdeen Asset Management ADN.L expect to cut 800 jobs, nearly 10 percent of th...Read More
* S&P, Nasdaq, German DAX hit record highs* Wall Street's "fear gauge" at historic lows* Bond yields on the rise, gold falls* Oil buckles as concern grows over battle of OPEC vs shaleBy Dion RabouinNEW YORK, May 9 (Reuters) - Wall Street opened higher on Tuesday, with the S&P 500 and Nasdaq touching all-time intraday peaks, as U.S. equities tracked European stocks and global bond yields.Investor s...Read More
* Wall Street's "fear gauge" at historic lows* Active Fed supporting dollar* Bond yields on the riseBy Jamie McGeeverLONDON, May 9 (Reuters) - European stocks and global bond yields rose on Tuesday, with investor sentiment bolstered by historically low U.S. stock market volatility, last weekend's French presidential election result and solid corporate earnings.Europe's index of leading 300 shares...Read More
* STOXX 600 up 0.5 pct* Miners, oil stocks lend support* Results buoy Davide Campari , Nets* Micro Focus down after buyout target's weak update (Adds quote and details, updates prices)By Kit ReesLONDON, May 9 (Reuters) - A raft of well-received updates and a recovery in resources stocks helped European shares rebound on Tuesday from the previous session's slight losses, edging to 21-month high...Read More
* Wall Street's "fear gauge" at all-time lows* Active Fed supporting yields, dollarBy Jamie McGeeverLONDON, May 9 (Reuters) - European stocks and bond yields rose on Tuesday, boosted by historically low stock market volatility, continuing relief from this weekend's French presidential election and solid corporate earnings.Europe's index of leading 300 shares .FTEU3 was up 0.4 percent at 1,552 poin...Read More
LONDON, May 9 (Reuters) - A raft of well-received updates and a recovery in resources stocks helped European shares rebound early on Tuesday from the previous session's slight losses, although shares in Micro Focus MCRO.L dropped.The pan-European STOXX 600 .STOXX index was up 0.3 percent, holding at 21-month highs, while France's CAC 40 index .FCHI gained 0.4 percent, recouping some of its losse...Read More
Investing.com - Gold prices inched down in European trade on Tuesday, holding near the prior session's seven-week low amid fading demand for safe-haven assets.Comex gold futures slipped around $1.00, or about 0.1%, to $1,226.50 a troy ounce by 2:50AM ET (06:50GMT). Meanwhile, spot gold was little changed at $1,225.90.The yellow metal hit its lowest since March 16 at $1,221.00 on Monday as safe-hav...Read More