* Futures up: Dow 44 pts, S&P 2.5 pts, Nasdaq 16.75 ptsBy Sruthi ShankarDec 28 (Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Thursday, helped by a rally in commodities and a weaker dollar.The dollar slipped to a four-week low against a basket of currencies, under pressure by a recent dip in U.S. 10-year bond yields. USD/ A weaker dollar tends to boost revenue of co...Read More
* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Sujata RaoLONDON, Dec 28 (Reuters) - Buoyant commodity prices alongside a pullback in U.S. bond yields and the dollar propelled world stocks to new record highs on Thursday, signalling the rally would likely extend into 2018.MSCI's world equity index .MIWD00000PUS , which tracks shares in 47 countries, has risen about 22 percent this yea...Read More
Investing.com - Gold prices hit a one-month high on Thursday, in holiday-thinned trading as weakness in the dollar supported the precious metal.Comex gold futures rose 0.28% to $1,295.00 a troy ounce by 4:32AM ET (9:32GMT) Thursday, just off its intraday high of $1,296.10 which was its highest level since November 29.Futures were on the rise for a third straight session and were on track for weakl...Read More
* NSE index up 0.06 pct, BSE index 0.02 pct higher* Metal stocks rally* Hindalco Industries hits record highBy Vishal SridharDec 28 (Reuters) - Indian shares were little changed on Thursday ahead of expiry of derivatives contracts and on lingering concerns over government borrowing exceeding target, but metals stocks such as Vedanta Ltd VDAN.NS rose tracking global commodity prices.India said on...Read More
* Dollar index slips to lowest since Dec. 1* Australian dollar and Canadian dollar hit 2-month highs* Bitcoin slides more than 10 pct at one point (Updates levels)By Masayuki KitanoSINGAPORE, Dec 28 (Reuters) - The dollar slid broadly on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this week's rally in metals and oil prices.In...Read More
* Dollar index slips to lowest since Dec. 1* Commodity currencies remain firm, Aussie hits 2-month high* Recent pullback in US 10-year yield weighs on dlr -analyst (Updates prices, adds comments)By Masayuki KitanoSINGAPORE, Dec 28 (Reuters) - The dollar was on the defensive on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this w...Read More
* Dollar index languishes near 3-1/2 week lows* Pullback in U.S. 10-year yield weighs on dollar -analyst* Commodity currencies remain firm, Aussie hits 2-month highBy Masayuki KitanoSINGAPORE, Dec 28 (Reuters) - The dollar was on the defensive on Thursday, facing headwinds from a dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this week's rally in metal and oil...Read More
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.FUNDAMENTALS* Malaysian palm oil futures were up over 1 percent on Wednesday evening, hitting their highest in more than a week on a rise in exports and tracking stronger related edible oils. POI/* U.S. wheat futures climbed more than 1 percent on Wednesday while corn was higher for the sixth s...Read More
* Copper near 4-year high, boding well for 2018 growth* Bonds stage a rally after selloff last week* Oil, iPhone X concerns weigh on stocks, but indexes edge up* Global growth expectations hit U.S. dollar (Updates to U.S. stock market close)By Trevor HunnicuttDec 27 (Reuters) - Global stocks edged higher on Wednesday, shrugging off faltering oil prices and reports of soft iPhone X demand, as a ral...Read More
(Bloomberg) -- Copper in London surged to the highest in almost four years after China ordered its top producer to halt output to combat winter pollution, fueling a rally this year driven by optimism about demand and supply disruptions at mines. Jiangxi Copper Co. was told to cut production for at least a week before a new assessment is made on local pollution levels. Earlier in the month, the No....Read More
* Euro hits 3-1/2 week high vs dollar* Bitcoin struggles to rise further after last week's selloff* Commodities rally supports Canadian, Australian dollars (Updates market action, adds quote)By Richard LeongNEW YORK, Dec 27 (Reuters) - The U.S. dollar fell to a 3-1/2 week low against a basket of currencies on Wednesday as traders bet more major central banks will begin reducing monetary stimulus i...Read More
* Oil prices fall from 2015 highs, U.S. crude at $59.53/bbl* China imports fuel copper's ascent to 3-1/2 year high* Tesla down on KeyBanc's lowered est for Model 3 deliveries* Indexes up: Dow 0.15 pct, S&P 0.16 pct, Nasdaq 0.25 pct (Changes comment, updates prices, adds details)By Sruthi ShankarDec 27 (Reuters) - U.S. stocks edged higher in late morning trading on Wednesday, helped by gains in...Read More
* Copper near 4-year high, boding well for 2018 growth* Stocks up but iPhone X concerns weigh on tech* Strong global growth expectations weigh on dollar (Updates to U.S. market open, changes byline and dateline, previous LONDON)By Trevor HunnicuttDec 27 (Reuters) - World stocks edged higher on Wednesday as a strong rally in copper buoyed expectations for a strong year for the global economy in 201...Read More
* Oil prices fall from 2015 highs, U.S. crude at $59.53/bbl* China imports fuel copper's ascent to 3-1/2 year high* Tesla down on KeyBanc's lowered est for Model 3 deliveries* Indexes up: Dow 0.02 pct, S&P 0.06, Nasdaq 0.07 pct (Updates to open)By Sruthi ShankarDec 27 (Reuters) - U.S. stocks were little changed in morning trading on Wednesday, with gains in healthcare and technology stocks hel...Read More
* Euro hits 3-1/2 week high vs dollar* Commodities rally supports Canadian, Australian dollars* Bitcoin struggles to rise further after last week's selloff (Updates market action, changes dateline, previous LONDON)By Richard LeongNEW YORK, Dec 27 (Reuters) - The U.S. dollar fell to a 3-1/2 week low against a basket of currencies on Wednesday as traders bet more major central banks would begin redu...Read More
* Oil prices fall from 2015 highs, U.S. crude at $59.53* China imports fuel copper's ascent to 3-1/2 year high* Tesla down on KeyBanc's lowered est for Model 3 deliveries* Futures up: Dow 2 pts, S&P 2.5 pts, Nasdaq 7.5 pts (Adds comment, details, updates prices)By Sruthi ShankarDec 27 (Reuters) - Wall Street's main indexes were set to open slightly higher on Wednesday, with a jump in prices of...Read More
* U.S. dollar falls as Euro strengthens* Commodities rally supports Canadian, Australian dollars* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh (Adds details on sterling's rise, updates prices)By Tommy WilkesLONDON, Dec 27 (Reuters) - The U.S. dollar fell against a basket of currencies and slid against the euro on Wednesday in thin holiday trading, while a rally in commodity prices help...Read More
* Futures: Dow 4 pts, S&P 2.5 pts, Nasdaq 4.75 ptsBy Sruthi ShankarDec 27 (Reuters) - U.S. stock futures edged higher on Wednesday, tracking global equities, which were buoyed by a surge in commodity prices.Prices of copper, a metal widely used in power and construction, leapt to three-and-a-half-year highs after latest data from China showed a jump in imports of the metal, boosting expectatio...Read More
* Copper hits 3-1/2 year high, boding well for 2018 growth* U.S. crude oil hits $60/bbl for first time since 2015* Reports of low iPhone X demand hits tech stocks* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Abhinav RamnarayanLONDON, Dec 27 (Reuters) - World stocks edged higher on Wednesday as a strong rally in commodities buoyed expectations for a strong year for the global economy...Read More
* U.S. dollar falls as Euro strengthens* Commodities rally supports Canadian, Australian dollars* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Tommy WilkesLONDON, Dec 27 (Reuters) - The dollar eased against a basket of currencies and fell against the euro on Wednesday in thin holiday trading, while a rally in commodity prices helped push the Canadian and Australian dollars to their h...Read More