Friday, 29 November 2013

ASIAN STOCKS

Asian shares were steady on Friday, with Japanese stocks poised for another strong session as the yen languished at a four-year trough against the euro and six-month low versus the dollar.

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U.S.TREASURIES

U.S. Treasuries prices added to losses on Wednesday after the Treasury sold $29 billion in seven-year notes to relatively low demand in the government's final sale of $96 billion in new coupon-bearing debt this week.

NIKKEI

The Nikkei was down 0.04 percent at 15,719.38 in midmorning trade after soaring 1.8 percent the previous day. The Nikkei is still within sight of a 5-1/2 year peak of 15,942.60 marked on May 23.

YEN

The yen was pinned at a four-year trough against the euro and a six-month low on the dollar early in Asia on Friday, having suffered a bruising week as investors used the low-yielding currency to buy riskier assets.

NYMEX CRUDE

NYMEX-US crude little changed above $92 in holiday-thinned trade

U.S.CRUDE

U.S. crude rose 3 cents to $92.33 a barrel by 0027 GMT. There was no settlement price because of the Thanksgiving holiday in the United States.

BRENT CRUDE

Brent crude fell 46 cents to $110.85 a barrel by 1810 GMT. It is still up nearly 2 percent in November, and around $8 above its low for the month.

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LME COPPER

Three-month copper on the London Metal Exchange CMCU3 rose 0.28 percent to $7,040 a tonne by 0119 GMT. LME copper has rebounded from three-month lows of $6,910 hit last week, but prices are still on track for a nearly 3 percent monthly drop.

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COPPER

London copper edged up on Friday after finishing unchanged in the previous session, but was on track for its biggest monthly loss since June as slowing demand growth from top consumer China dragged on prices.

SPOT PLATINUM

Spot platinum gained 0.4 percent to $1,354.40 an ounce after losing more than 1 percent in each of the previous two sessions

SILVER

Silver rose 0.3 percent to $19.69 an ounce after falling 1 percent in the previous session.

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U.S.GOLD

U.S. gold futures rose 0.5 percent to $1,243.50 an ounce.

SPOT GOLD

Spot gold was unchanged at $1,242.91 an ounce by 0020 GMT, after closing 0.5 percent higher on Thursday, when activity was relatively thin as U.S. financial markets were shut for the Thanksgiving holiday.

GOLD

Gold has shed 6 percent for the month and has lost more than a quarter so far this year, which puts it on track to post its first annual loss in 13 years.

U.S.MARKET UPDATE

U.S. markets were closed on Thursday for Thanksgiving day holiday.

Thursday, 28 November 2013

ASIAN STOCKS

Asian shares held steady early on Thursday, although Japanese stocks look set to head back towards a 5-1/2 year peak reached in May after the yen fell sharply on the back of relatively positive U.S. economic data.

U.S.STOCKS

U.S. stock index futures were little changed on Wednesday as investors found few reasons to buy before the Thanksgiving holiday and major indexes stood near historic highs.

U.S.TREASURIES

U.S. Treasuries prices added to losses on Wednesday after the Treasury sold $29 billion in seven-year notes to relatively low demand in the government's final sale of $96 billion in new coupon-bearing debt this week.

FTSE

Britain's benchmark equity index edged up on Wednesday, supported by a deal over a new German government that boosted appetite for more risk-sensitive stocks such as banks.

NIKKEI

Japan's Nikkei share average sped to a 6-month high on Thursday morning, as a slump in the yen jolted exporters higher on expectations of improved earnings.

DOLLAR

The dollar traded above 102.00 yen for the first time since May 29 after data showed the number of Americans filing new claims for unemployment aid unexpectedly fell last week.