The Japanese currency swung between gains and losses on Friday as it advanced versus the U.S. Dollar and slipped against the Euro as emerging markets increased and as investors weighed on data showing inflation in the Eurozone remained flat and before the U.S. GDP report was released. The Yen added 0.2% versus the U.S. Dollar, while it tumbled 0.4% against
U.S. Treasuries increased on Friday session pushing the benchmark 10-year government yields towards the lowest level in three weeks after a report showed steady inflation in the euro area last month and as investors expected GDP data from the U.S. 10-year yields dropped to 3-week low of 2.638% after they were seen at 2.67% yesterday.
The majority of European stocks declined on Friday trading session with the shared currency rising towards the strongest level recorded this year after a report showed that consumer prices in the Eurozone held firm this month cooling concerns that the ECB may lower rates. The FTSE Eurofirst 300 index slipped 0.4% to 1,340.30 as of 12:50 in London.
Copper traded near the lowest in two months as China slowing growth and a weaker Yuan might reduce demand for the metal in China. Copper for delivery in May traded at $7,034.25 a ton at 4:24 p.m. in Tokyo after floating between $7,054 and $6,995. The price reached $6,993.50 on Thursday trading session, the lowest since Dec. 4. The metal for delivery in May on the CFFEX
The Sterling gained to the strongest in almost two weeks versus the greenback as report indicated the rise in house prices last month and consumer morale reached the highest level since September 2007. U.K. currency grew 0.2% to $1.6727 as of 9:47 a.m. London time after it touched $1.6744, the strongest since Feb. 17. The Sterling has added 1.7% this month, the biggest gain since November.
The Chinese Yuan fell by the most on speculation that nation's central bank will double currency's trading band. The Yuan slipped 0.86% reaching the lowest level in ten months at 6.1808 per U.S. dollar in Shanghai, making it the biggest daily fall in China since 2007. It is expected that China's central bank will double Yuan's trading band at the
Natural gas futures dropped for a fifth day reaching to the highest weekly fell in 17 years in New York, when a government data presented a U.S. stockpile drop. Natural gas futures for delivery in April declined 1.3% during the electronic trading today in NY Mercantile Exchange and reached to $4.486 per million British thermal units. The amount of all futures traded
Gold is on the verge of its first monthly gain from August, amid concerns the U.S. economy recovery may lose the intensity and the haven demand that is boosted due to turmoil in developing markets. Bullion for immediate delivery for this morning was at $1,332.61 an ounce in Singapore, compared with yesterday's $1,331.33 number. Prices are at 7% higher this month and touched the highest level in
U.S. stock-index futures were little changed, as the Standard & Poor's 500 Index reached record yesterday at the close, as U.S. economic data are awaited by investors. S&P 500 futures expiring in March slid 0.1% to 1,852.6 as of 10:54 a.m. London time; however, it has gained 4% this month. Dow Jones Industrial Average contracts slipped less than 0.1%to 16,265
West Texas Intermediate crude dropped for a second straight day, reversing a monthly gain on speculation that U.S. demand might slow. WTI for April settlement slid 53 cents to $101.87 a barrel on the New York Mercantile Exchange and traded at $102 at 10:02 a.m. in London. Brent for April delivery declined 46 cents to $108.50 a barrel on the
Gold is set for second consecutive monthly advance as worries that the U.S. economic recovery might be losing momentum and unrest in emerging markets increased safe haven demand. The yellow metal for immediate delivery traded at $1,332.61 an ounce as of 9:26 a.m. Singapore time, after it was at $1,331.33 on Thursday. Gold has advanced 11% this year to date.
German shares were little changed, after retreating for three straight days, as the consumer confidence and pending home sales were awaited by investors. The DAX Index added 0.1% to 9,595.91 as of 10:15 a.m. Frankfurt time, it is set for 3.1% monthly advance in February. The HDAX Index rose 0.1% today as well.
U.K. shares were little changed, reversing their biggest one-month advance since July, as some major companies retreated. The FTSE 100 Index slid 0.1% to 6,802.78 as of 10:03 a.m. London time and it has gained 4.5% in February. The FTSE All-Share Index slipped less than 0.1%, while Ireland's ISEQ Index climbed 0.2% today.
Eurozone's currency appreciated to a 2014 high versus the U.S. Dollar as inflation in the Euro area topped analyst estimates. The 18-nation currency gained versus most of the 16 major counterparts. It climbed 0.7% to $1.302 as of 10:40 a.m. in London, after approaching $1.3813, while the Euro rose 0.3% to 140.48 Japanese Yen.
The China's Yuan fell to the weakest level amid speculation the central bank will expand the currency's trading band, which allows greater variability in the second largest economy in the world, while the growth is sliding. The Yuan dropped 0.86% to the lowest level in ten months of 6.1808 against the Dollar. That was the biggest loss in CFETS since 2007.
European stocks expanded with the Stoxx Europe 600 Index that reached the highest level in a month since July, while U.S. stock-index futures and Asian shares almost unchanged. Serco Group Plc almost advanced to its one-year high after the new chief operating officer was named. The Stoxx 600 rose 0.2% to 337.91, the MSCI Asia Pacific stayed the same, while Standard & Poor's 500 Index
Natural gas traded in New York increased on Thursday trading session rebounding from the weakest level in five weeks after a report showed that stockpiles in the U.S. dropped less than economists originally projected. Gas for settlement in April added 0.8% to $4.549 a million British thermal units by 10:43 a.m. on the NYMEX following a fall to $4.441, the
Copper traded in New York declined on Thursday falling towards the weakest level in a three-week period on speculation that economic recovery in the world's largest economy may slow down as China's growth eased reducing demand for copper. Futures for delivery in May slipped 0.7% to $3.192 per pound as of 10:49 a.m. on the New York's Comex.
The U.S. Treasuries increased on Thursday session rising towards the strongest level in nearly three weeks as traders weighed prospect for the country's economy and as political turmoil in Ukraine continued boosting safe-haven demand. The benchmark 10-year yields dropped two basis points to 2.64% as of 10:21 a.m. in New York.
U.S. shares fluctuated as the Standard & Poor's 500 Index traded near its record high, turmoil in Ukraine continued and Fed's Chairman Yellen stated that nation's central bank will continue to taper. The S&P 500 slid 0.1% to 1,844.42 as of 10:27 a.m. New York time, after advancing 0.1%. The Dow Jones Industrial Average slipped less than 0.1% to 16,192.08.
The U.K. currency fell as reports that Russian fighter jets are set on combat alert increased demand for safe haven assets. The Sterling slid 0.2% to $1.6636, while it was little changed at 82.11 pence per Euro, after gaining to 82.01 pence, the highest level since February 18. The British currency has advanced 13% in the last year, making it
European shares retreated for a second straight day as some major companies posted worse than expected profits. The Stoxx Europe 600 Index slid 0.4% to 336.21 as of 9:25 a.m. London time, after its yesterday's fall as Credit Suisse Group AG sent banks lower. Standard & Poor's 500 Index futures decreased less than 0.1%, while the MSCI Asia Pacific Index
Brent crude retreated to a one-week low, narrowing its price WTI to the least in approximately five months. Brent for April delivery declined 71 cents to $108.81 a barrel on the ICE Futures Europe exchange, the lowest level since February 18. WTI for April settlement slipped 40 cents to $102.19 a barrel on the New York Mercantile Exchange.
Gold prolonged a retreat from more than four month high as better than expected U.S. housing data supported bets that the Fed will continue to scale back its monetary stimulus. The yellow metal for immediate delivery slid 0.2% to $1,327.32 an ounce as of 9:31 a.m. London time, after it advanced to $1,345.46 day earlier, making it the highest level