The U.S. Dollar geld drop against majority of most traded counterparts as investors speculated whether this week's U.S. economic data will be at least in line with expectations. The greenback touched $1.3776 per Euro at 6:57 a.m. London time, after sliding 0.2% in the past couple of days to $1.3769. It was little changed at 103.26 Yen, while the Euro
The Australian Dollar climbed above 93 U.S. cents level for the first time in last four months as nation's central bank interest rates were untouched. The Aussie gained to 93.04, making it the highest level since November 21, while Australia's Dollar appreciated 0.1% to 95.68 Japanese Yen, after reaching 96.06, the strongest since June 5.
Precious metals mostly increased on Monday trading session extending monthly gains amid speculation that metal supplies may be curbed by a decision of the European Union and the U.S. to put sanctions on Russia. Silver for settlement in May added 0.9% to $19.965 an ounce, platinum for delivery in July jumped 1.1% to $1,423.30 an ounce and palladium for June
Gold traded in New York slightly increase on Monday trading session, however it was traded close to the weakest level in six weeks as investors speculate whether the U.S. Federal Reserve curb stimulus or not and as physical demand for the precious metal may rise as the prices fall. Gold for settlement in June jumped 0.1% to $1,296.10 an ounce
The European benchmark Brent crude declined on Monday trading session falling for the third week after a report showed that oil output in African Libya recorded 170,000 barrels per day and strikes in the Elephant field continue. Brent for delivery in May lost as much as 24 cents to $107.81 per barrel on the London's ICE Futures Europe exchange.
West Texas Intermediate oil advanced on Monday session and traded close to its strongest level in a three-week period amid speculation that the geopolitical tension in the Ukraine's Crimea eased over the last few days. WTI for settlement in May slipped as much as 36 cents to $101.31 per barrel on the NYMEX as of 12:39 p.m. in London.
U.S. Treasuries dropped on Monday trading session extending a monthly drop on speculation that this week's report may signal than the world's largest economy may have improved reducing demand for safe-haven government bonds. The benchmark 10-year notes yielded four basis points higher at 2.76% by 10:21 a.m. New York time.
House prices in the United Kingdom increased on March with the average asking price rising by 0.6% on a sequential basis on the month, a report released by the private company Hometrack showed on Monday. According to the report, the nation's house prices grew for the fourteenth successive month in March after jumping by 0.7% in February.
Italy's annual inflation measured as harmonized price index eased in the month of March, while prices recorded a notable advance from February, a report released by the statistical office Istat showed on Monday. According to the report, the country's HICP climbed 0.3% on an annual basis in March after rising 0.4% in February.
Inflation in the euro-area eased in the month of March falling by more than economists initially expected towards the weakest level in a year, the latest data released by the European Central Bank unveiled on Monday. The Bank reported that the inflation index slipped to 0.5% in March after recording an 0.7% growth in the previous month.
Retail sales in the city state Hong Kong dropped in February, however the Lunar New Year in the region distorted the volume of retail sales, a report released by the Census and Statistics Department showed on Monday. According to the report, the Hong Kong's retail sales slipped 2.3% in February reversing January's gain of 14.4%.
Japan's industrial output contracted in the month of February decreasing for the first time in a four-month period, a report published by the Ministry of Economy, Trade and Industry unveiled on Monday. According to the report, the country's industrial production slipped 2.3% in February, while it was originally seen to be rising by 0.3%.
Housing starts in the Asia's second largest economy increased in February, however the pace of growth was lower than economists initially expected, a data published by the Ministry of Land, Infrastructure, Transport and Tourism showed on Monday. The country's housing starts gained year-on-year 1% in February, while the figure was forecast to jump 6.1%.
Japanese automobile production advanced in February rising for the sixth successive month, the latest report released by the Japan Automobile Manufacturers' Association unveiled on Monday. According to the report, the country's auto production gained 7.1% totaling 863,397 units in the month of February on strong domestic demand.
The 18-nation bloc currency advanced on Monday trading session rising towards the strongest level in three weeks versus the Japanese Yen and rebounding from last week's drop after a report showed that inflation in the area eased last month. The Euro was traded near the level of $1.40 and forced some players to intervene to talk the currency down.
The European Central Bank may face a difficult decision on the next policy meeting this Thursday after inflation data from the Eurozone showed a slow-down and as German and Spanish inflation reports are forecast to signal modest easing in growth of consumer prices. The German harmonized inflation gauge is projected to rise by 0.9%, while Spain's CPI are seen to
European government bonds declined on Monday trading session with the peripheral euro-area bonds traded near their lowest level in eight years after a report showed that inflation in the area slowed last month raising expectations of further rates cuts of the ECB. The German 10-year yields jumped to 1.59%, while the Spain's 10-year notes yielded at 3.24%.
Asian equities mostly increased on Monday session with the benchmark Asian gauge rising towards the highest level in three weeks after the Chinese Prime Minister Li Keqiang declared that the government is ready to boost the region's economy. The MSCI Asia-Pacific gauge outside Japan gained 0.9% to 137.84 and the Japan's benchmark index Nikkei 225 added also 0.9% to 14,827.
The majority of European shares gained earlier on Monday trading session as the government bond yields and the euro-area currency increased after a report showed that inflation in the Eurozone slowed suggesting that the ECB may cut interest rates further. The FTSE EuroFirst 300 index added 0.1% to 1,333, while the British FTSE 100 gauge gained 0.2% and the Germany
The European benchmark Brent crude advanced on Friday session and was about to record a weekly gain amid the supply disruption in Libya continues as most of the oil fields are still halted and as a rebel group in Nigeria claim another attack on Forcados pipeline. Brent for delivery in May added 22 cents to $108.05 per barrel and it
West Texas Intermediate crude increased on Friday trading session heading towards a weekly advance on falling inventories in a storage hub in Oklahoma's Cushing. WTI for settlement in May jumped as much as $0.60 to $101.88 per barrel on the NYMEX and was last traded at a level of $101.67 by 12:23 p.m. in London.
U.K. shares fluctuated on Friday and were set to reach their first weekly advance in a month as mine companies gain was overshadowed by a drop of insurance equities. The benchmark stock index FTSE 100 jumped 2.88 points, less than 0.1%, to 6,591.2 as of 12:57 p.m. London time following a previous jump by 0.7%, while it has risen 0.5%
Retail sales in Spain dropped in February matching economists' expectations after recovering in the month before, a report unveiled by the statistical office INE showed on Friday. According to the report, the country's retail sales slipped 0.5% in February overshadowing previous advanced of 0.5% recorded in January.
House price inflation in the United Kingdom advanced in February rising at a faster rate than in the month before pushed up by a notable increase in London's property prices, the latest data released by the Land Registry showed on Friday. The U.K. house prices added year-on-year 5.3% in February following a 4.2% jump in the month before.