* Copper near 4-year high, boding well for 2018 growth* Bonds stage a rally after selloff last week* Oil, iPhone X concerns weigh on stocks, but indexes edge up* Global growth expectations hit U.S. dollar (Updates to U.S. stock market close)By Trevor HunnicuttDec 27 (Reuters) - Global stocks edged higher on Wednesday, shrugging off faltering oil prices and reports of soft iPhone X demand, as a ral...Read More
(Bloomberg) -- Copper in London surged to the highest in almost four years after China ordered its top producer to halt output to combat winter pollution, fueling a rally this year driven by optimism about demand and supply disruptions at mines. Jiangxi Copper Co. was told to cut production for at least a week before a new assessment is made on local pollution levels. Earlier in the month, the No....Read More
* Euro hits 3-1/2 week high vs dollar* Bitcoin struggles to rise further after last week's selloff* Commodities rally supports Canadian, Australian dollars (Updates market action, adds quote)By Richard LeongNEW YORK, Dec 27 (Reuters) - The U.S. dollar fell to a 3-1/2 week low against a basket of currencies on Wednesday as traders bet more major central banks will begin reducing monetary stimulus i...Read More
* Oil prices fall from 2015 highs, U.S. crude at $59.53/bbl* China imports fuel copper's ascent to 3-1/2 year high* Tesla down on KeyBanc's lowered est for Model 3 deliveries* Indexes up: Dow 0.15 pct, S&P 0.16 pct, Nasdaq 0.25 pct (Changes comment, updates prices, adds details)By Sruthi ShankarDec 27 (Reuters) - U.S. stocks edged higher in late morning trading on Wednesday, helped by gains in...Read More
* Copper near 4-year high, boding well for 2018 growth* Stocks up but iPhone X concerns weigh on tech* Strong global growth expectations weigh on dollar (Updates to U.S. market open, changes byline and dateline, previous LONDON)By Trevor HunnicuttDec 27 (Reuters) - World stocks edged higher on Wednesday as a strong rally in copper buoyed expectations for a strong year for the global economy in 201...Read More
* Oil prices fall from 2015 highs, U.S. crude at $59.53/bbl* China imports fuel copper's ascent to 3-1/2 year high* Tesla down on KeyBanc's lowered est for Model 3 deliveries* Indexes up: Dow 0.02 pct, S&P 0.06, Nasdaq 0.07 pct (Updates to open)By Sruthi ShankarDec 27 (Reuters) - U.S. stocks were little changed in morning trading on Wednesday, with gains in healthcare and technology stocks hel...Read More
* Euro hits 3-1/2 week high vs dollar* Commodities rally supports Canadian, Australian dollars* Bitcoin struggles to rise further after last week's selloff (Updates market action, changes dateline, previous LONDON)By Richard LeongNEW YORK, Dec 27 (Reuters) - The U.S. dollar fell to a 3-1/2 week low against a basket of currencies on Wednesday as traders bet more major central banks would begin redu...Read More
* Oil prices fall from 2015 highs, U.S. crude at $59.53* China imports fuel copper's ascent to 3-1/2 year high* Tesla down on KeyBanc's lowered est for Model 3 deliveries* Futures up: Dow 2 pts, S&P 2.5 pts, Nasdaq 7.5 pts (Adds comment, details, updates prices)By Sruthi ShankarDec 27 (Reuters) - Wall Street's main indexes were set to open slightly higher on Wednesday, with a jump in prices of...Read More
* 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