(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
BENGALURU, June 14 (Reuters) - Gold prices inched lower on Thursday as the Federal Reserve forecast two more U.S. rate increases this year after raising rates on Wednesday, although lingering worries over trade tensions between Washington and Beijing prevented steeper losses.FUNDAMENTALS* Spot gold XAU= was down 0.1 percent to $1,298.61 per ounce at 0047 GMT. It touched an over one-week low at $1,...Read More
June 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 4 points lower at 7,627 on Tuesday, according to financial bookmakers.* ANGLO AMERICAN: Miner Anglo American Plc AAL.L clinched hundreds of permits this month to explore for copper in a remote part of northern Brazil, Brazilian authorities said, as the growing electric vehicle market and a scarcity of shovel-ready mining projects...Read More
(Repeats June 26 column with no changes to the text. The opinions expressed here are those of the author, a columnist for Reuters.)* Chilean copper production: https://tmsnrt.rs/2KnTcZ7By Andy HomeLONDON, June 26 (Reuters) - Copper has fallen almost nine percent in price over the last couple of weeks.In London three-month copper CMCU3 was this morning struggling to hold the $6,700 level, a chart a...Read More
* Asian shares hit 9-month lows as trade worries intensify* U.S. oil prices hit 3 1/2-year high as supply seen disruptedBy Hideyuki SanoTOKYO, June 28 (Reuters) - Asian stocks slumped to nine-month lows on Thursday on growing worries the U.S. administration's approach to trade is harming global economic growth even as it appeared to be modifying its approach to curb Chinese investments in U.S. tec...Read More
(Repeats June 26 column with no changes to the text. The opinions expressed here are those of the author, a columnist for Reuters.)* Chilean copper production: https://tmsnrt.rs/2KnTcZ7By Andy HomeLONDON, June 26 (Reuters) - Copper has fallen almost nine percent in price over the last couple of weeks.In London three-month copper CMCU3 was this morning struggling to hold the $6,700 level, a chart a...Read More
(The opinions expressed here are those of the author, a columnist for Reuters.)* Chilean copper production: https://tmsnrt.rs/2KnTcZ7By Andy HomeLONDON, June 26 (Reuters) - Copper has fallen almost nine percent in price over the last couple of weeks.In London three-month copper CMCU3 was this morning struggling to hold the $6,700 level, a chart area last breached in early April.Copper has been cau...Read More
* Asian shares near 9-month low, Nikkei down 0.5 pct* Falls in U.S. tech shares heighten worries* Yuan steady for now after PBOC's movesBy Hideyuki SanoTOKYO, July 4 (Reuters) - Asian stocks were on shaky ground on Wednesday while the Chinese yuan stood near 11-month lows as the spectre of a Sino-U.S. trade war haunted investors ahead of an end-of-week deadline for U.S. tariffs on billions of doll...Read More
BRUSSELS, July 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- Spanish fashion and cosmetics maker PUIG and German electrical appliances maker Bosch (NS:BOSH) Group's unit BSH to jointly acquire Spanish perfume maker Noustique (approved July 18)-- Metals and commodities company Liberty House G...Read More
* MSCI Asia-Pacific index up 0.17 pct, Nikkei rises 0.5 pct* US yields hover near 6-week highs, help prop up dollar* Commodities buoyant amid prospect of increased China demandBy Shinichi SaoshiroTOKYO, July 25 (Reuters) - Asian stocks rode higher on Wednesday thanks to strong U.S. corporate earnings and hopes China will boost fiscal support for its economy, while long-term U.S. yields hovered nea...Read More