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Commodities Ending 2017 With a Bang in Longest Rally on Record

January 01, 1970 / in.investing.com

(Bloomberg) -- Commodities started the end-of-year party early.The Bloomberg Commodity Index, which measures returns on 22 raw materials, closed up 11 days in a row -- a repeat on Friday would result in the longest run in records dating back to 1991. While the index has been lifted this month by gains in crude oil, copper and gold, it still remains well below 2008 highs.Big OilWest Texas Intermedi...Read More

GLOBAL MARKETS-A strong year for stocks, but no joy for the dollar

January 01, 1970 / in.investing.com

* U.S. stocks open lower, trimming a strong year of gains* World stocks at highs (Updates to U.S. stock market open; Changes byline and dateline, previous LONDON/SYDNEY)By Trevor HunnicuttDec 29 (Reuters) - Markets are ending 2017 in a party mood after a pick-up in global growth boosted corporate profits and commodities, while tame inflation kept central banks from snatching away the punch bowl of...Read More

Gold Prices On Track for Best Annual Rally in 7 years

January 01, 1970 / in.investing.com

Investing.com - Gold prices hit a fresh one-month high on Friday in holiday-thinned trading and was on track for its best annual gains since 2010 as weakness in the dollar supported the precious metal.Comex gold futures rose 0.12% to $1,298.70 a troy ounce by 4:18AM ET (9:18GMT) Friday, just off its intraday high of $1,299.00 which was its highest level since November 29.Futures were on the rise f...Read More

CORRECTED-FOREX-Dollar stuck near 1-month low, commodity currencies buoyant

January 01, 1970 / in.investing.com

(Corrects reference to euro's performance in 16th paragraph to 2003 from 2013)* Dollar index stuck near 1-month low* Seasonal factors seen weighing on dollar at year's end* Australian, Canadian dollars at 2-month highsBy Shinichi SaoshiroTOKYO, Dec 29 (Reuters) - The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and...Read More

FOREX-Dollar wallows near 1-month low, commodity currencies supported

January 01, 1970 / in.investing.com

* Dollar index stuck near 1-month low* Seasonal factors seen weighing on dollar at year's end* Australian, Canadian dollars at 2-month highsBy Shinichi SaoshiroTOKYO, Dec 29 (Reuters) - The dollar wallowed near a one-month low against a basket of currencies on Friday, while currencies like the Australian and Canadian dollars were at two-month highs thanks to firmer commodity prices.The dollar inde...Read More

PRECIOUS-Gold hits 1-month high as weaker dollar lifts commodities

January 01, 1970 / in.investing.com

* Technical signals for gold seen as positive-analyst* Silver ETF holdings edge up to highest since September* GRAPHIC-2017 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices, market comment; adds byline, NEW YORK dateline)By Chris Prentice and Jan HarveyNEW YORK/LONDON, Dec 28 (Reuters) - Gold extended gains on Thursday to a one-month high on a strong technical outlook and a U.S. dollar at a...Read More

FOREX-Dollar index hits 1-month low, bitcoin slides again

January 01, 1970 / in.investing.com

* Dollar index on track for worst year since 2003* Euro reaches 1-month high vs dollar* Australian dollar and New Zealand dollar hit 2-month highs* Bitcoin falls as South Korea curbs cryptocurrency trading (Updates market action, adds graphic on bitcoin)By Richard LeongNEW YORK, Dec 28 (Reuters) - The dollar fell to a one-month low versus a basket of currencies on Thursday on a less upbeat U.S. gr...Read More

US STOCKS-Tech, financial gains lift Wall Street

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.14 pct, S&P 0.07 pct, Nasdaq 0.13 pct (Updates to early afternoon)By Sruthi ShankarDec 28 (Reuters) - Wall Street indexes rose slightly in thin holiday trading on Thursday, supported by gains in technology and financial...Read More

GLOBAL MARKETS-World stocks rally with surge in metals prices, U.S. dollar retreats

January 01, 1970 / in.investing.com

* Copper rally keeps focus on global growth* MSCI world index set for 14th month of gains* U.S. dollar under pressure (Updates to U.S. market open; updates byline and dateline, previous LONDON)By Trevor HunnicuttDec 28 (Reuters) - World stocks trotted higher in light, holiday trading on Thursday, moving to record levels as rising industrial metals prices gestured to a strong finish to the year for...Read More

US STOCKS-Wall Street lifted by gains in technology shares

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.21 pct, S&P 0.08 pct, Nasdaq 0.05 pct (Changes comment, updates prices, adds details)By Sruthi ShankarDec 28 (Reuters) - Wall Street's main indexes were slightly higher in late morning trading on Thursday, helped by gai...Read More

FOREX-Dollar index sinks to 4-week low; bitcoin sags

January 01, 1970 / in.investing.com

* Dollar index on track for worst year since 2003* Australian dollar and New Zealand dollar hit 2-month highs* Bitcoin sheds over 30 pct since record peak near $20,000 (Updates market action, changes dateline, previous LONDON)By Richard LeongNEW YORK, Dec 28 (Reuters) - The dollar fell to a four-week low against a basket of currencies on Thursday on a less certain U.S. economic outlook after the p...Read More

US STOCKS-Wall Street higher as tech stocks advance

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.21 pct, S&P 0.11 pct, Nasdaq 0.19 pct (Updates to open)By Sruthi ShankarDec 28 (Reuters) - Wall Street's main indexes rose in thin holiday trading on Thursday, helped by gains in technology stocks.Apple (NASDAQ:AAPL) AP...Read More

US STOCKS-Wall St set to rise in muted holiday trading

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Futures up: Dow 40 pts, S&P 2 pts, Nasdaq 14.25 pts (Adds comment, details on companies, updates prices)By Sruthi ShankarDec 28 (Reuters) - Wall Street was set to open higher in thin holiday trading on Thursday, helped by a rally in comm...Read More

US STOCKS-Futures point to positive session on Wall St

January 01, 1970 / in.investing.com

* 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

GLOBAL MARKETS-World stocks in year-end rally as dollar retreats, copper surges

January 01, 1970 / in.investing.com

* 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

Gold Prices Advance to 1-Month High as Dollar Moves Lower

January 01, 1970 / in.investing.com

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

Indian shares flat ahead of derivatives expiry; metal stocks up

January 01, 1970 / in.investing.com

* 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

FOREX -Dollar falls broadly; commodity currencies stand tall

January 01, 1970 / in.investing.com

* 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

FOREX-Dollar slips to 3-1/2 week lows; commodity currencies stand tall

January 01, 1970 / in.investing.com

* 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

FOREX-Dollar near 3-1/2 week lows; commodity currencies stand tall

January 01, 1970 / in.investing.com

* 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

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