Shanghai Futures Exchange markets are shut this week due to
the holiday in China.
Thursday, 4 October 2012
LME COPPER
Three-month copper on the London Metal Exchange slipped to $8,262.25 a tonne by 0211 GMT, down
by 0.33 percent from the previous session
when it eased nearly half a percent, snapping
four sessions of gains.
COPPER
Copper drifted lower on Thursday as worries over a worsening
outlook for Europe's economy and slowing growth in China weighed, although
signals that a U.S. economic recovery was taking hold was expected to check
losses.
GOLD
Gold was steady on Thursday, holding minor gains from the
previous two sessions as investors awaited cues from central banks on their
plans to shore up the frail global economy, while a key U.S. employment report
on Friday was also in focus.
U.S.MARKET UPDATE
Wall Street ended modestly higher on Wednesday on stronger-than-expected U.S. labour and service sector data, but the Dow industrials were hobbled by a slide in Hewlett-Packard
The Dow Jones industrial average gained 12.25 points, or 0.09 percent, to 13,494.61 at the close. The Standard & Poor’s 500 Index advanced 5.24 points, or 0.36 percent, to 1,450.99. The Nasdaq Composite Index rose 15.19 points, or 0.49 percent, to close at 3,135.23.
Wednesday, 3 October 2012
ASIAN STOCK
Asian credit markets were subdued, with the spread on the iTraxx Asia ex-Japan investment-grade index tightening marginally by one basis point.
U.S.STOCK
Wall Street ended little changed in a volatile session on
Tuesday as uncertainty over when Spain might apply for a bailout shackled a
market struggling to build on gains that took the S&P 500 to its highest in
nearly five years.
U.S.TREASURIES
Benchmark 10-year notes were last up 2/32 in price to yield
1.61 percent, after earlier rising as high as 1.65 percent.
FTSE
The UK's FTSE 100 closed down 11.00 points, or 0.2 percent,
at 5,809.45. The index has swung in a 100-point range over the last 5 days and
has registered gains of just 0.8 percent over the last month.
NIKKEI
Japan's Nikkei share average was little changed in early
Wednesday trade as gains for index heavyweights such as Fast Retailing Co were
offset by broader concerns over a bailout for Spain.
EURO
The euro started trade on Wednesday slightly on the back foot
after Spain dented hopes that it would soon ask for a bailout, while the
Australian dollar threw a fit on prospects of more domestic interest rate cuts
following Tuesday's easing.
U.S.CRUDE
U.S.
November crude pulled back 59 cents to settle at $91.89 a barrel, after
reaching $92.94.
BRENT CRUDE
Brent November crude fell 62 cents to settle at $111.57 a
barrel, trading either side and then closing below the 50-day moving average of
$112.06 and the 200-day moving average of $112.09, technical levels that are
closely watched by traders.
OIL
Oil prices fell in choppy, light trading Tuesday, pressured
by the outlook for weak economic growth and petroleum demand, even as the risk
of potential crude supply disruptions limited losses.
LME COPPER
Three-month copper on the London Metal Exchange eased 0.4 percent to $8,296.75 a tonne by 0113
GMT, after gaining more than 2 percent over the past four sessions.
COPPER
Copper fell on Wednesday after climbing for four days, as a
fragile global economy and Europe's lingering debt crisis curbed buying
interest, with a week-long public holiday in top copper consumer China keeping
trading volumes extremely thin.
SPOT GOLD
Spot gold edged down 0.1 percent to $1,773.10 an ounce by
0030 GMT. It hit $1,791.20 earlier this week, its highest level since last
November.
GOLD
Gold dipped slightly on Wednesday but held near an 11-month
high, as uncertainty over Spain's bailout plan kept investors on their toes
while they wait for a key U.S. job market report expected to show the
effectiveness of the latest stimulus.
U.S.MARKET UPDATE
Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years.
The Dow Jones industrial average was down 32.83 points, or 0.24 percent, at 13,482.28. The Standard & Poor’s 500 Index was up 1.26 points, or 0.09 percent, at 1,445.75. The Nasdaq Composite Index was up 6.51 points, or 0.21 percent, at 3,120.04.
Friday, 28 September 2012
ASIAN STOCKS
Asian shares mostly rose on Friday on optimism economic
reform and budget plans unveiled by Spain will help the debt-saddled nation
manage its debt imbalances, in a move seen as an effort to pre-empt the likely
conditions of international assistance.
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