Gold steadied in early Asian trade on Tuesday, but was just
off a one-month low after tumbling about 2 percent in the previous session as
hedge funds sold down amid expectations of higher U.S. interest rates.
Tuesday, 25 March 2014
U.S.MARKET UPDATE
U.S. stocks fell on Monday, with some of the market's recent best performers like technology and biotech shares leading the way down.Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favourites. The Nasdaq fell below its 50-day moving average earlier, in a sign of weakening near-term momentum.
Thursday, 13 March 2014
ASIAN STOCKS
MSCI's broadest index of Asia-Pacific shares outside Japan
.MIAPJ0000PUS rose 0.9 percent, recouping a large chunk of its losses the
previous day, with Australian shares gaining on strong local employment data.
U.S.STOCKS
U.S. stocks finished little changed on Wednesday, with the
Nasdaq up for the first session in five, as investors grappled with the
evolving situation in Ukraine but shrugged off concern over weakness in China's
economy.
U.S.TREASURIES
U.S. Treasuries prices rose in safe-haven bids on Wednesday
on worries over the health of China's economy, which helped fuel strong demand
at the U.S. government's 10-year Treasury note auction.
FTSE
Britain's top share index fell to a one-month low on
Wednesday, led down by G4S after the security firm agreed a settlement with the
government over an offenders' tagging scandal.
NIKKEI
Japan's Nikkei share average edged up on Thursday morning
after falling to a one-week low on the previous day as strong machinery data
supported sentiment as far as metal shares, which remained pressured on
persistent concern about Chinese demand.
U.S.CRUDE
U.S. crude gained 11 cents to $98.10, after settling
$2.04 weaker at $97.99, below the 50-day movingaverage of $98.32.
BRENT CRUDE
Brent crude rose 24 cents to $108.26 by 0203 GMT,
after ending 53 cents down to its lowest in a week.
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COPPER
Shanghai and London copper futures regained strength on
Thursday after plunging to multi-year lows in the previous session but concerns
about China's economic slowdown could cap gains as investors await a fresh
batch of data.
SPDR GOLD
SPDR Gold Trust, the world's largest gold-backed exchange-traded
fund, said its holdings fell 1.50 tonnes to 811.20 tonnes on Wednesday.
SPOT GOLD
Spot gold gained 1.3 percent to $1,367.04 an ounce by 1:59
p.m. EDT (1759 GMT), having reached $1,370.60, the loftiest since Sept. 20.
GOLD
Gold was trading near its highest level in six months on
Thursday as investors sought to hedge their bets against geopolitical tensions
in Ukraine and economic slowdown fears in China.
U.S.MARKET UPDATE
US stocks finished little changed on Wednesday, with the Nasdaq up for the first session in five, as investors grappled with the evolving situation in Ukraine but shrugged off concern over weakness in China’s economy.
The Dow Jones industrial average fell 11.17 points or 0.07 percent, to 16,340.08, the S&P 500 gained 0.57 points or 0.03 percent, to 1,868.2 and the Nasdaq Composite added 16.144 points or 0.37 percent, to 4,323.332.
Wednesday, 12 March 2014
ASIAN STOCKS
Asian
stock markets were set to turn lower on Wednesday as economic uncertainty in
China and the United States combined with political tensions in Ukraine to keep
investors sidelined
U.S.STOCKS
US stocks fell on Tuesday, with selling picking up late in the session, as investors cashed in some of the recent market gains, but the S&P 500 finished less than 1 percent away from a record high set last week.
U.S.TREASURIES
U.S. Treasuries prices edged higher on Tuesday, with concern
about geopolitical tensions in Russia and Ukraine and weakness in China's
economy spurring some demand for safe-haven bonds.’
FTSE
The blue-chip FTSE 100 index closed 0.06 percent lower at
6,685.52 points after falling to 6,660.59, its lowest since the middle of
February. It fell in the previous two sessions on lingering tensions between
Ukraine and Russia and on concerns about China's economic growth.
NIKKEI
Japan's Nikkei share average slid more than 2 percent on
Wednesday as investors locked in profits after a recent rally to a five-week
high, while a stronger yen hit overall sentiment and dragged down exporters
like Toyota Motor.
YEN
The yen held onto gains early on Wednesday while investors
kept their distance from risk currencies such as the Australian dollar amid
worries about China's economic health and following a late fall on Wall Street.
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