Friday, 25 April 2014

DOLLAR

The dollar traded at 102.30 yen, near a one-week low of 102.085 hit on Thursday, after Ukrainian forces killed up to five pro-Moscow rebels on Thursday as they closed in on the separatists' military stronghold in the east.


COPPER

London copper futures climbed to their highest level in seven weeks on Friday, buoyed by firm demand in top consumer China, while nickel edged off 14-month peaks.

U.S.GOLD

U.S. gold was at $1,291.80 an ounce, up $1.20.

SPOT GOLD

Spot gold eased 0.06 percent to $1,292.50 an ounce by 0036 GMT. It had dropped to around a 2-1/2 month low of $1,268.24 on Thursday due to firmer equities and a weaker technical picture.

GOLD

Gold was little changed on Friday and held near its weakest level in more than two months following overnight gains in equities, but rising tensions in Ukraine could offer some support.

U.S.MARKET UPDATE

The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker’s strong results, though tensions in Ukraine held the broader market in check.

The Dow Jones industrial average remained unchanged to close at 16,501.65. The S&P 500 gained 3.22 points or 0.17 percent, to 1,878.61. The Nasdaq Composite added 21.372 points or 0.52 percent, to end at 4,148.338.


Tuesday, 22 April 2014

ASIAN STOCKS

Asian shares were supported after Wall Street stocks extended gains into a fifth day, though investors continued to see the tensions in Ukraine as a threat to risk appetite.

U.S.STOCKS

U.S. stocks advanced modestly on Monday in subdued trading as investors showed hesitation in the wake of a strong rally last week and before a slew of key earnings releases this week.


U.S.TREASURIES

U.S. Treasuries yields were little changed on Monday after anticipation of another round of strong U.S. economic data limited safe-haven bids, and as traders discounted conflict in Ukraine and emphasized efforts to ease tensions in the country.

FTSE

Britain's top shares rose to a one-week closing high on Thursday after upbeat U.S. results from Morgan Stanley MS.N and Goldman Sachs GS.N drove up financials and allayed investor concerns about the current earnings seaso

NIKKEI

The Nikkei average was up 0.3 percent at 14,556.03 in midmorning trade, continuing its recovery from a six-month low of 13,885.22 hit on Monday last week, after U.S. stocks extended gains into a fifth day.

DOLLAR

The dollar held at two-week highs against a basket of major currencies after a subdued session on Monday, when many global financial centres were shut for the Easter long-weekend holiday.

U.S.CRUDE

U.S. crude for May delivery was down 11 cents at $104.26 a barrel by 0032 GMT after ending nearly flat on Monday.

NYMEX CRUDE

NYMEX-U.S. oil hovers above $104, Ukraine conflict supports

BRENT CRUDE

Brent crude fell 12 cents to $109.83 a barrel by 0309 GMT, not far from a six-week high of $110.36 touched last week.


OIL

Oil market participants await the latest inventory data from the United States to gauge the demand outlook at the world's biggest consumer.

COPPER

Copper futures on the London Metal Exchange slipped on Tuesday as the bourse reopened after a long holiday weekend, still pressured by worries over Chinese demand amid a slowdown in the world's top user of the industrial metal.

PLATINUM

Among platinum group metals, platinum slipped 0.8 percent to $1,393.30

U.S.GOLD

U.S. COMEX gold futures for June delivery settled down $5.40 at $1,288.50 an ounce. Trading volume was less than 100,000 lots, sharply below its 30-day average of 170,000 contracts, preliminary Reuters data showed.

SPDR GOLD

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 3 tonnes to 792.14 tonnes on Monday.


SPOT GOLD

Spot gold had fallen 0.1 percent to $1,288.11 an ounce by 0021 GMT. The metal declined to $1,281.40 the day before - its lowest since April 3.  


GOLD

Gold extended losses into a fourth session on Tuesday, hovering near its lowest in 2-1/2 weeks as equities climbed and on outflows from bullion-backed funds.

U.S.MARKET UPDATE

U.S. stocks advanced modestly on Monday in subdued trading as investors showed hesitation in the wake of a strong rally last week and before a slew of key earnings releases this week.
The Dow Jones industrial average rose 40.71 points or 0.25 percent, to end at 16,449.25. The S&P 500 gained 7.04 points or 0.38 percent, to close at 1,871.89. The Nasdaq Composite added 26.03 points or 0.64 percent, to finish at 4,121.546.

Thursday, 10 April 2014

ASIAN STOCKS

Asian shares look to extend recent solid gains on Thursday, while the dollar drifted at three-week lows against a basket of major currencies.


U.S.STOCKS

US stocks rallied on Wednesday after minutes from the Federal Reserve’s latest policy meeting showed a more supportive central bank than investors had previously expected.

U.S.TREASURIES

The benchmark 10-year cash yield rose 0.5 basis point to 0.615 percent.

FTSE

The FTSE 100 had shed 1.6 percent over the previous two days. However, charts showed the trend for the index remained up and investors were still prepared to buy into market dips, betting on a recovery in the global economy despite geopolitical tensions in Ukraine and volatility in emerging markets.

NIKKEI

The Nikkei gained 1.0 percent to 14,438.52 in mid-morning trade, snapping a four-day losing streak that saw it drop to a three-week low on the previous day.

DOLLAR

The dollar drifted at three-week lows against a basket of major currencies early on Thursday, having fallen for a fourth session after minutes from the Federal Reserve's March meeting disappointed dollar bulls.

U.S.CRUDE

U.S. crude oil stocks rose more than expected last week, but the build was overshadowed by a sharp spike in gasoline demand, according to U.S. Energy Information Administration data.

NYMEX CRUDE

NYMEX-U.S. crude holds above $103 on gasoline demand, Ukraine

U.S.CRUDE

U.S. crude rose more than $1 on Wednesday, driven by a technical rally and unexpectedly high gasoline demand, while tensions between Russia and the West underpinned Brent crude prices.

BRENT CRUDE

Brent crude fell 49 cents to $107.49 a barrel by 0309 GMT, after gaining $2.16 over the past two days. U.S. crude fell 38 cents to $103.22.

OIL

Oil prices look set to rise on the back of a continued soft monetary policy that will allow U.S. consumers to spend more," said Le Brun.

LME COPPER

Three-month copper on the London Metal Exchange climbed by 0.4 percent to $6,641 a tonne by 0105 GMT, paring losses from the previous session when it fell by 0.8 percent.

COPPER

London copper edged up on Thursday, supported by the prospect U.S. interest rates may not rise as soon as previously thought, while investors were awaiting Chinese trade data to shed fresh light on demand in the world's top consumer.

SPDR GOLD

SPDR Gold Trust, the biggest gold-backed exchange-traded fund, saw fresh money coming in earlier in the year but it hasn't recorded any inflow since March 24.

PLATINUM

Platinum rose 0.4 percent to $1,439.49 an ounce

SILVER

Silver was down 0.4 percent at $19.92 an ounce, 

U.S.GOLD

U.S. COMEX gold futures for June delivery settled down $3.20 an ounce at $1,305.90, with trading volume about 35 percent below its 30-day average, preliminary Reuters data showed.

SPOT GOLD

Spot gold was flat at $1,311.45 an ounce by 0034 GMT, after rising for the last two sessions.

GOLD

Gold steadied near two-week highs on Thursday after minutes from the Federal Reserve's policy meeting showed that officials were not keen on increasing interest rates anytime soon.

U.S.MARKET UPDATE

US stocks rallied on Wednesday after minutes from the Federal Reserve’s latest policy meeting showed a more supportive central bank than investors had previously expected.

The Dow Jones industrial average rose 181.04 points or 1.11 percent, to end at 16,437.18. The S&P 500 gained 20.22 points or 1.09 percent, to finish at 1,872.18. The Nasdaq Composite added 70.91 points or 1.72 percent, to close at 4,183.90.